Hong Kong

Forex trading is no longer currency rate speculation. The essence of investment in Forex market has become closer to the conventional idea of investment and even moved beyond its borders.

Hong Kong braces for a housing boom in the next six years fueled by developers awash in cash from the prolonged low-interest regime.

Hong Kong-based banks now hold over a third of all the profits and assets made by foreign banks in China.

An update of ADB’s Asian Development Outlook 2012 lowers PRC’s 2012 forecast to 7.7% from the projected 8.5%.

Total deposits in Hong Kong’s banking system inched forward by just 1% in August, said the Monetary Authority.

Mainlanders traveling in groups or singly are expected to increase by about 10% during China's National Day Golden Week holiday that began Sunday.

The first free trade agreement between Hong Kong and the European Free Trade Association member states of Iceland, Liechtenstein, Norway and Switzerland came into force yesterday.

Credit Suisse Group AG predicts Hong Kong’s growth to fall to 1.4% this year from its previous forecast of 2% on weakening domestic demand.

Hong Kong saw a 21% year-on-year rise in visitors in August, reaching 4.9 million, said the Tourism Board.

The government is to increase Hong Kong’s minimum wage by HK$2 to HK$30 per hour on Labour Day 2013.

Syndicated bank loans in Hong Kong plunged 41% in Q3 to HK$10.5 billion from the HK$17.7 billion in Q2.

Like many entrepreneurs in town, we all love doing business online as it gives much flexibility for us to handle things between home and business, while also able to reach out to a bigger customer segment when it can go globally through internet.

The beginning of banks in Britain

The employment market in Hong Kong financial services is less buoyant than it was 18 months ago; major banks have been making redundancies, and recruitment remains at comparatively low levels. Despite this, Hong Kong financial professionals show few signs of wanting to leave the city.

Property firm New World Development Company Ltd reported a net profit for fiscal 2012 that was 11% higher than a year ago but below market forecasts.

More used homes transactions caused Hong Kong’s approved mortgage loans to rise 29% in August from July.