Hong Kong central bank leaves interest rate unchanged, tracking Fed moveThe U.S. central bank held interest rates steady as expected at the end of a two-day policy meeting but projected another rate hike by year...
21 Sep, 2023, 08.13 AM IST
Hong Kong reiterates banks should support licensed crypto exchangesThe Hong Kong Monetary Authority's (HKMA) comments were in response to a Financial Times report which said lenders including HSBC and Stand...
15 Jun, 2023, 04.36 PM IST
HSBC, StanChart face pressure from Hong Kong to take on crypto clients - FTHong Kong's banking regulator has pressed lenders such as HSBC, Bank of China and Standard Chartered to consider accepting cryptocurrency e...
15 Jun, 2023, 02.22 PM IST
How sustainable are sovereign wealth funds?The world's biggest SWFs are making only patchy progress in adapting investment plans to account for environmental, social and governance f...
09 Aug, 2021, 02.10 PM IST
Some global firms consider moving treasury operations out of Hong Kong: SourcesU.S. President Donald Trump has begun the process of eliminating special U.S. treatment for Hong Kong to punish Beijing's decision to impos...
03 Jun, 2020, 03.12 PM IST
Hong Kong regulator enhances supervision of PNB's HK branchPNB said the Hong Kong Monetary Authority (HKMA) has enhanced supervision of its Hong Kong branch and has asked it "not to proactively soli...
13 Jun, 2018, 10.06 PM 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
Hong Kong central bank fine does not have material impact: SBISBI today said the fine imposed by Hong Kong Monetary Authority (HKMA) on its arm for alleged violation of local anti-money laundering and ...
12 Aug, 2015, 08.09 PM IST
- HDFC Bank gets nod for Hong Kong operations
India's largest private sector bank HDFC Bank has got approval from the Hong Kong Monetary Authority (HKMA) to commence banking operations ...
17 Sep, 2010, 02.04 AM IST
- Hong Kong tightens lending on luxury homes
Hong Kong's government has announced measures aimed at cooling the property market as low interest rates have spurred a dramatic surge in p...
25 Oct, 2009, 03.25 PM IST
- Hong Kong Monetary Authority extends loan period for banks
Hong Kong's de facto central bank on Thursday said it would extend the maximum loan period for collateralised lending to local banks in ant...
06 Nov, 2008, 10.04 AM IST
- Hong Kong c bank intervenes again to defend currency peg
The 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
- Hong Kong banks to buy back mini-bonds at market value
Hong Kong banks agreed to buy back controversial "mini-bonds" linked to failed US investment house Lehman Brothers at market value.
17 Oct, 2008, 12.40 PM IST
- Hong Kong cuts interest rates to match US
The Hong Kong Monetary Authority cut its base rate by 50 basis points on Thursday to 4.5 per cent, following a similar cut overnight by the...
31 Jan, 2008, 08.26 AM IST
- PNB's Hong Kong branch starts operations
Public sector lender Punjab National Bank said its Hong Kong branch has commenced operations from Monday.
17 Dec, 2007, 03.25 PM IST
- Hong Kong trims interest rates after Fed cut
The Hong Kong Monetary Authority trims its base rate by 25 basis points to 6.00 per cent following the Federal Reserve's rate cut.
01 Nov, 2007, 08.15 AM IST
- Allahabad Bank opens first overseas office in China
Allahabad Bank on Monday opened its first overseas office in Shenzhen, a Chinese city near Hong Kong, hoping to tap trade and commercial li...
19 Jun, 2006, 06.40 PM IST