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HK MONETARY AUTHORITY
PSBs now look to move out of Hong Kong on bleak prospectsOut of the eight public sector banks operating in Hong Kong, four have already closed or are at different stages of closing. Three others a...10 Jun, 2022, 01.00 AM IST- China stocks post worst week in six, yuan slides, as Shanghai extends lockdownThe CSI300 index ended the day 0.44% higher at 4,013.25 points, after slumping as much as 1.1% earlier, while the Shanghai Composite Index ...22 Apr, 2022, 02.28 PM IST
- Crypto Yuan will meet the Dollar — in Hong KongMajor battle in the U.S.-China financial cold war could be fought over a decades-old currency peg.24 Aug, 2020, 07.13 PM IST
- Options traders line up bets that Hong Kong’s dollar peg will snapThe ultra-stable currency so far isn’t budging.16 Aug, 2019, 07.53 AM IST
- What next for Pakistan after second currency devaluation?The central bank has been running down its reserves to defend the currency, which has been largely pegged against the dollar.22 Mar, 2018, 11.19 AM IST
- PNB Fraud: Hong Kong regulator seeks status report from Indian banksSenior officials said the HK regulator had asked status report from Indian banks who have financed companies of Nirav Modi and Mehul Choksi...19 Feb, 2018, 08.38 AM IST
- Hong Kong dollar tumbles to weakest level in nearly two yearsHong Kong dollar slid to HK$7.8291 per dollar on Thursday, surpassing an intraday low set in August.22 Dec, 2017, 10.48 AM IST
- China’s analysts haven’t been this wrong on equities since 2009Firms in the Shanghai Composite Index reported EPS for the past year that were 33% below what analysts had predicted 12 months ago, accordi...30 Jun, 2016, 11.10 AM IST
- Beware! Waves of contagion on the way for equities, currencies in AsiaA globally coordinated central bank response to a market meltdown is likely, such as liquidity support through forex swap arrangements and ...25 Jun, 2016, 02.14 PM IST
- Hong Kong banks' yuan strategy looks bad for earningsDeposits in the Chinese currency have grown to about $100 bn from almost nothing two years ago, since the rules on China's currency were re...11 Oct, 2011, 02.02 PM IST
- Centrum Capital & HK's Commonwealth Finance Corp in JV for wealth management businessCentrum Capital has entered into a joint venture with Hong Kong-based Commonwealth Finance Corporation to start wealth management and inves...17 Aug, 2011, 02.30 AM IST
- Hong Kong c bank intervenes again to defend currency pegThe Hong Kong Monetary Authority on Monday intervened in the foreign exchange market for the third time in eight days, buying 7.75 billion ...27 Oct, 2008, 01.45 PM IST
- 2 banks could face penalties in HK Lehman probeTwo banks were referred for possible sanctions Friday in Hong Kong as part of an investigation into misleading sales tactics in connection ...17 Oct, 2008, 12.00 PM IST
- HK's Bank of East Asia rejects stability rumorsHundreds of customers descended on branches of Hong Kong's Bank of East Asia to demand their deposits back after the bank was hit by unconf...24 Sep, 2008, 02.39 PM IST
- Dream run for Alibaba on HK debutAlibaba.com, operator of China’s largest online trading site for companies, almost tripled on its first day of trading in Hong Kong, making...07 Nov, 2007, 01.57 AM IST
- Now, Hong Kong is ripe for currency attackHong Kong has a public relations problem on its hands, and it’s not about the usual suspects.12 Jun, 2007, 02.54 AM IST
- CanBank to enter HK, plans global presenceCanara Bank, which established its international division exactly three decades ago, is now gearing up to capitalise on the global banking ...13 Oct, 2006, 01.01 AM IST
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