Economy
Hong Kong amongst highly indebted
Debt per adult in Hong Kong is more than USD40,000 but a marked improvement from 2007 level.
Hong Kong amongst highly indebted
Debt per adult in Hong Kong is more than USD40,000 but a marked improvement from 2007 level.
HKU projects recession in 2013
Economists from the University of Hong Kong are warning that Hong Kong will fall into recession in 2013.
Chart: How Hong Kong exporters and the rest of the world got totally screwed
Hong Kong exports down by 1% to-date from a 25% growth in 2010.
Hong Kong foreign currency reserve assets edge up to US$301.2b
This represents 55% of the circulating Hong Kong dollar.
400,000 seniors to benefit from new living allowance
But hopefully the allowance will be approved by October 26.
How to qualify for the old age allowance of $2,200
Check out what it takes to get the allowance apart from being 65 years old and living in HK for at least 7 years.
Tsang to retain LegCo presidency
Pro-Beijing Jasper Tsang Yok-sing will retain his post as President of Hong Kong’s Legislative Council.
Golden Week turns dull
Sales of luxury items during Golden Week will likely fall 10% from last year.
WB slashes growth forecast for developing countries in East Asia-Pacific
The World Bank downgraded recently its growth forecast for developing countries in East Asia and the Pacific to 7.2%.
Men still rule Hong Kong board rooms
Some 40% of Hang Seng Index companies had no women directors in 2011.
Hong Kong residents tighten their belts
The retail sales picture for August show markedly lower spending for luxury and non-essential items with buyers focusing spending on basic...
ADB downgrades China’s GDP forecast
An update of ADB’s Asian Development Outlook 2012 lowers PRC’s 2012 forecast to 7.7% from the projected 8.5%.
Hong Kong’s monetary picture stays bleak
Total deposits in Hong Kong’s banking system inched forward by just 1% in August, said the Monetary Authority.
Mainlanders flooding Hong Kong this Golden Week
Mainlanders traveling in groups or singly are expected to increase by about 10% during China's National Day Golden Week holiday that began Sunday.
Hong Kong's first FTA with Europe now in effect
The first free trade agreement between Hong Kong and the European Free Trade Association member states of Iceland, Liechtenstein, Norway and...
Credit Suisse predicts Hong Kong recession in Q3
Credit Suisse Group AG predicts Hong Kong’s growth to fall to 1.4% this year from its previous forecast of 2% on weakening domestic demand.
What you need to know about Hong Kong's banking history
The beginning of banks in Britain
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