Hong Kong

Paul Chan stated that there is no risk of “an off-the-grid type of downfall”.

The group’s target 10% RoTE will likely be delayed beyond 2021. Standard Chartered Bank’s performance for the first half of 2020 will be dragged by the COVID-19 outbreak, as 40% of its operating income comes from its Greater China and North Asia (GCNA) segment, according to S&P Global Ratings.

The residential sites will provide an estimated 15,730 units in 2020-2021.

Consumers prefer to pick up an item in-store after purchasing it online.

It has interest rates of 2.75%, 2.85%, and 2.95% per annum for periods of 10, 15 and 20 years, respectively.

The government expects the deficit to widen to 4.8% of the GDP for next year.

The government is looking to boost local consumption.

It will cost the government $18.3b in total.

As a result, rents dropped the sharpest by 1.1% MoM to $120 psf.

The drop in values was blamed on the timing difference of the Lunar New Year.

Eyes are also on the city’s $1.12t fiscal reserve.

Online brokerage firm Futu Holdings raised $1.13b (US$145.5m), the largest deal since 2015.

Organisers can get 100% venue rental costs for events at the HKCEC.

All 11 applications for interim measures in HKIAC have so far come from law firms.

Age does matter, but older workers are not always at a disadvantage when it comes to finding jobs.

Hong Kong is one of the markets expected to exceed the Asia Pacific’s average medical inflation.