Hong Kong
Approved mortgage loans in June up 1.2% to $15.7b
Approvals for primary market transactions almost halved.
Approved mortgage loans in June up 1.2% to $15.7b
Approvals for primary market transactions almost halved.
Toll hikes postponed
Expect new tolls at the Western Harbour Crossing and Route 3.
HKMA frets over doubled loan growth
Fears credit and funding risks rising.
Hong Kong Exchange Fund loses US$3.3 billion in Q2
Posted profit of US$5.0 billion in Q2 2012.
New creative market to be launched in September
It'll replace the Arts & Crafts Fair.
What the Trust Law amendment means for Hong Kong
Ordinance was gazetted today.
Hong Kong reveals 10-year housing strategy
60:40 ratio between public and private housing.
ASM Pacific's net profit crashed 26% to HKD230m
Will it recover anytime soon?
Hong Kong’s fund management business hits record HK$12.6 trillion
Overseas investors took 65% of assets under management.
Surprise export drop in June
Trade deficit stands at HK$49.7 billion.
HSBC Global Asset Management Hong Kong receives RQFII license
Will enable investments in mainland fixed income markets.
LPG prices to increase by 13 cents per litre
It'll be effective in August.
6 in 10 Hong Kong employers to go on a hiring spree from August-October
Will fresh grads be in demand?
Phase 7 of HOS flats scheme unveiled
But only 23 applicants arrived.
Welfare cases in Hong Kong slipped 0.2%
There were 411,341 recipients.
Sands China's earnings soared 53.2% to
Check out the main growth booster.
The crucial implications of FATCA for U.S. Citizens in Hong Kong
On July 10, 2013, the Hong Kong Legislative Council moved to enable Hong Kong to enter into stand-alone Tax Information Exchange Agreements and, more importantly for U.S. persons who have financial accounts there, to sign an “intergovernmental agreement” (IGA) with the U.S. for implementation of the Foreign Account Tax Compliance Act (FATCA).
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