Financial Services

HKEx posts 1% rise in net income

Q1 profit depressed by higher costs.

HSBC almost doubles pre-tax profit

Cost cutting main reason for jump to US$8.4 billion in Q1.

RMB deposits in Hong Kong edged up 2.5%

But overall foreign currency deposits dipped.

Approved mortgage loans jumped 16.1% to $21.6b

As primary market transactions climbed a whopping 69.5%.

Government doubles bond programme to $200b

To strengthen Hong Kong's edge in gobal finance.

Hong Kong inks tax pact with Guernsey

To avoid double taxation and tax evasion.

Public warned against this bogus email

Victims were linked to a fraudulent website.

Why the world has gone crazy over Bitcoin

Bitcoin, an alternative currency that doesn't exist physically, has become the talk of the financial world recently as people lose faith in the euro...