A glut of cash in Hong Kong’s financial system has pushed down market interest rates, depressing the city’s currency
The Hong Kong Monetary Authority intervened for the first time this year late last week, selling U.S. dollars to buy 1.51 billion Hong Kong dollars in London and New York trading hours on Friday.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UBS, StanChart settle 2009 Hong Kong IPO misconduct caseUBS Group AG and Standard Chartered PLC have agreed to settle a case of alleged ...
Read more »
UBS, StanChart agree to settle 2009 Hong Kong IPO misconduct case: regulator's counselUBS Group AG and Standard Chartered PLC have agreed to settle a case of alleged ...
Read more »
Domestic workers: The economic backbone of Hong Kong but some of its worst-treated womenShe slept in a cupboard, worked 80-hour weeks, and was sacked for having cancer. But this woman's story isn't unusual - while domestic workers are the economic backbone of Hong Kong, they are among its worst-treated women IWD2019
Read more »
Breakingviews - Hong Kong bank showcases the XX factor(Reuters Breakingviews) - Hong Kong is home to an unlikely champion of gender eq...
Read more »
U.S. envoy for religious freedom slams China during Hong Kong visitThe U.S. ambassador for religious freedom, Sam Brownback, on Friday called on Be...
Read more »
The Hong Kong domestic worker sacked for having cancerBaby Jane Teodoro Allas, 38, was sacked from her job as a domestic helper in Hong Kong while on sick leave. The reason her employer gave for her dismissal was simple: 'Diagnosed with cervical cancer.'
Read more »
U.S. Businesses Warn Against Hong Kong Move to Allow Extraditions to ChinaA proposed law that would allow criminal suspects to be extradited from Hong Kong to mainland China is drawing opposition, including from foreign business leaders who warn Beijing could exploit the law for political purposes and shake confidence in the city.
Read more »
Hong Kong bank showcases the XX factorAs International Women’s Day brings more sad stats about corporate diversity, $46 bln Hang Seng Bank can stand proud. Its shares have outperformed under three consecutive female CEOs and a cohort of female directors. It sets a powerful example for companies worldwide to follow.
Read more »
Saudi sisters trapped in Hong Kong granted extension to stay as they await next moveTwo sisters who fled Saudi Arabia have been granted an extension to stay in Hong Kong for one more month while they seek an emergency visa in a safe country.
Read more »
Hong Kong allows fleeing Saudi sisters to stay another month: lawyerHong Kong allows fleeing Saudi sisters to stay another month: lawyer by jamespomfret
Read more »