Economy
Hong Kong's credit profile dragged by China's country risk
Hong Kong's credit profile dragged by China's country risk
The city state faces rising macro-prudential risks due to a surge in bank lending and housing inflation, says Fitch.
Business confidence in Hong Kong is waning
Less than half of Hong Kong firms are reporting revenue growth, another symptom of the sagging confidence among the city’s businessmen.
Will US’s declining economy affect Hong Kong?
The US Bureau of Labor Statistics announced that 227,000 new nonfarm payroll jobs were created by the economy during February. Is that true? Of...
China remains profitable for Hong Kong businesses
China still offers growth amidst adversity.
A look into Leung’s mind
Hong Kong’s Chief Executive-elect Leung Chun-ying has been a media darling since his election Sunday.
Trade deficit soars an astounding 415%
Hong Kong posted a massive trade deficit in February.
Leung elected Chief Executive
Long-shot outsider Leung Chun-ying was elected yesterday by Hong Kong’s elite as the next Chief Executive.
Inflation slows in February
One-off government relief measures helped tame inflation in February.
Scrapping of capital duty good for investments
Despite a considerable loss in revenue, Hong Kong moves forward with eliminating the tax in order to spur investments.
Outward processing exports to the Mainland slow down
Hong Kong exports to mainland China for outward processing fell slightly during the 4th quarter of 2011 year-on-year.
Credit card use spikes during the holidays
The total value of credit-card transactions in the fourth quarter of 2011 hit $117.2 billion.
GNP, GDP improve in 4Q 2011
Hong Kong's gross national product rose 7% to $511.3 billion in the fourth quarter last year over the same period in 2010.
The personal touch remains the best way to grow a business
Social networking may be fine but good old person-to-person contacts are even better.
Hong Kong employees work too hard
70% of Hong Kong's employees don't stop working--even at home.
Retail has a good fourth quarter
Tourism helped drive-up Hong Kong’s retail earnings during the fourth quarter of 2011.
Foreign currency reserves rise
Hong Kong's official foreign currency reserves amounted to US$294.7 billion at the end of February, up US$1.9 billion on January, the Monetary...
Li leads list of Asian billionaires
After a lapse of seven years, Hong Kong billionaire Li Ka-shing is again Asia’s richest person.
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