Economy
PMI hits 48.2 in July as trade jitters shake markets
Business sentiment plunged to a near two-year low.
Trade jitters dampen export growth to 3.3% in June
This comes from 12.9% expansion in May.
Trade tensions fail to rattle Hong Kong SMEs in Q3
SME sentiment tracker remained at 49.7.
Inflation up 2.4% for sixth straight month in June
Food prices rose steeply by 5.2%.
Exports weather through trade woes after rising 12.9% in May
Trade to the Mainland and Japan registered double-digit growth.
PMI further plummets to 47.7 in June as costs skyrocket
Inflation levels for purchase costs hit a six year high.
Trade tensions could hammer up to 2.2% of Hong Kong exports
The second round of tariffs could hit $130b worth of Chinese exports to the US via Hong Kong.
Singapore beats Hong Kong in global smart city rankings
The SAR ranks 18th globally whilst the lion city is second only to London.
Trade war could cut 1% of Hong Kong's GDP
Immediate damage would be felt by export-dependent economies like Hong Kong.
Singapore and Hong Kong startups to be linked through fintech deal
They will be engaged in a shared network and mentorship programmes.
Hong Kong inks free trade agreement with Georgia
Georgia will eliminate import tariffs on 96.6% of its tariff lines for Hong Kong products.
Exports up 15.9% to $351.4b in May
Trade volumes to Singapore and Malaysia surged 43%.
Hong Kong is 6th safest city in the world
It climbed from 14th place in 2017.
Inflation extends steep climb after rising 2.1% in May
Prices for food and basic utilities rose steeply at 4.7% and 3.4%.
Hong Kong wide open to a financial crisis over the next three years
Worsening credit-to-GDP gaps are putting the city in danger territory.
Half of exporters remain bullish despite trade tensions
They believe US-China trade tensions will have little to no impact on export activity.
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