Economy

URA hits HK$2.3b deficit in last financial year

Its long-term financial stability is also threatened.

Exports falls to 0.7% in Q1

But there’s still hope.

Median household income grows 6.2% in Q4 of 2013

Income of household in private housing stagnates.

Hong Kong GDP slows to disappointing 2.5%

Poor export performance is to blame.

HK’s real GDP expands by 2.5%

It’s mainly driven by domestic demand.