In Focus
The HK$ to US$ peg stays
Controversial peg is pillar of HK policy.
Check out Hong Kong's jump in retail sales value
It's an estimated $34.1 billion.
HK will still become leading RMB center
Competitiveness will ensure Hong Kong’s leadership.
Tourists flocking to Hong Kong surge 16.3% to 35.4m
Thanks to Mainland market growth and rise in visits from Nort Asia.
Shopping in Hong Kong remains Asia’s best
90% of visitors visit Hong Kong for shopping, according to Nielsen.
Hong Kong posts September trade deficit
Continued weakness in major export markets resulted in Hong Kong recording a trade deficit of HKS$45.2 billion in September.
Hong Kong scrambles to defend HK$ again
Hong Kong came to defense of its embattled currency for the second time in four days Monday, selling HK$1.25 billion to deter the currency’s further appreciation.
Hong Kong implements first phase of Basel III
Hong Kong has published the Banking Capital Amendment Rules 2012.
Strong HK$ curtailed by HKMA
The Hong Kong Monetary Authority yesterday sold $603 million worth of Hong Kong dollars in the foreign exchange market.
Business operations in HK could slow down
Foreign companies doing business in Hong Kong could be curbed if the world economy worsens.
Unemployment rate could rise by 50% in 2013
Find out what will fuel the nasty unemployment figures next year.
HKEx to broaden LME offerings in two years
Hong Kong Exchanges and Clearing Ltd intends to offer new commodities about two years from now following its purchase of the London Metal Exchange.
Housing committee to intensify home demand probe
Sec Anthony Cheung said they will also review housing priorities.
Hong Kong investors hoarding cash
Seven in ten said they intend to amass more cash to see them safely through the economic crisis.
Singapore stands to unseat Hong Kong as RMB trading hub
Singapore has issued full banking licenses to branches of two Chinese Big Four banks.
Home prices to continue climbing
A leading Chinese investment bank foresees property prices in Hong Kong jumping 10% this year despite government efforts to dampen soaring prices.
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