News

U.S. dollar grows stronger in Hong Kong amid banking crisis

Hong Kong’s savers are apparently abandoning the renminbi for the still mighty but battered U.S. dollar.

More pain for Hong Kong’s consumers

Rising food and rent prices drove inflation upwards to 5.7% in December compared to the same period in 2010.

Employers not firing staff, but aren’t hiring either

Over 90% of all businesses surveyed in HSBC's December PMI reported no changes to their headcount.

Taiwan prefers China over Hong Kong

In banking as well as trade, size truly matters.

Hong Kong domestic exports plunge 20.6% yoy

Exports continue to wilt before the worldwide economic slowdown.

Hong Kong Business High-Flyers awardees revealed

Hong Kong's best companies were recognized at this year's awards held at Hotel LKF.

Ailing Hong Kong needs more than band aid therapy

Petty solutions aren’t going to do it for Hong Kong, which stands to take a tremendous hit from the explosive Eurozone debt crisis.

PCCW upgrades submarine cable for faster Internet

Coherent optical 100G networking solutions will be used to speed up its services in the city.

Hong Kong has second best bureaucracy in Asia

Guess who topped the ranking and beat Hong Kong?

Hong Kong ranked the world’s freest economy

The Mainland meanwhile ranked 138th out of 179 economies.

Hong Kong's stock brokers rally to defend 90 minute work break

When is lunch not lunch?- When it's a Hong Kong stock broker lunch.

Hong Kong posts record gold exports to China

China's insatiable appetite for gold is driving Hong Kong's gold traders to seventh heaven as exports surged 19%.

Morgan Motors appoints its first dealer in Beijing in over a century

The British automotive company is now setting its sights on China as a potential engine of growth.

Hong Kong's air pollution drives businesses to Singapore

Air pollution is a pox on Hong Kong’s business.

Will Hong Kong bankers have more money in the bank?

Survey shows Hong Kong-based investment banking and fund management staff expect an average bonus worth 37% of their salary for 2011.

Central rents to fall 14% in 2012, says analyst

The downturn is unlikely to be anywhere near as severe as in the late-1990s, according to HSBC.