News

Global crisis + low season = floundering property market

The January numbers for Hong Kong’s property market sectors mostly make for disheartening reading.

Easy money draws droves of Hong Kong investors

What should have been a humdrum day of selling banknotes marking the Bank of China’s 100th anniversary spun out of control into a “Get rich quick” opportunity that drew frantic investors by the hundreds.

Investors avoid initial gold ETF in RMB

All that glitters isn’t gold, including gold exchange-traded funds denominated in renminbi.

Widespread protests hit plan to ease road travel between Hong Kong and Guangdong

It's no longer about left-hand driving versus right-hand driving.

Hong Kong needs more foreign workers

Age is finally catching up to Hong Kong's aging and declining work force.

Goodbye to cross-border permits?

Motoring to Guangdong from Hong Kong will be easier starting March—but only for a few.

Houston and Hong Kong look to more trade

Hong Kong and the largest port city and city in Texas have a lot in common.

More spectrum for Hong Kong's mobile phones

With two mobile phones to every person, Hong Kong is Asia’s most “mobile” place.

Hong Kong to keep after property speculators

The frantic need to curb property speculation seems to trump all other considerations in Hong Kong.

HK throws start-ups a lifeline

A pilot micro-financing scheme just proposed by the government will entitle self-employed individuals and those undertaking self-enhancement training to borrow up to HK$300,000 each.

Property prices could lose a fourth of their value by 2013

Government's moves to check real estate speculation and prevent the housing bubble from bursting are working—but at the expense of already battered middle-class home owners.

Hong Kong to bite the bullet—again

It’s official: Hong Kong’s about to experience big-time pain. So much for the lucky Year of the Water Dragon.

Hong Kong rents keep falling and falling

Cheaper rents have become one of the few upsides to the dour economic climate besetting Hong Kong.

Is Hyperinflation coming to Hong Kong?

What’s good for the USA financially could spell ruin for Hong Kong.

New billing system soon operational at HKIA

Hong Kong International Airport has signed a contract to keep up with increasing passenger and cargo traffic that is expected to almost double in 20 years.

HSBC continues retail banking restructuring

The banking giant sells off four units in just two days.