Wednesday, 24 April 2024
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19:33 | 8/3/18
South China Morning Post
The Hong Kong dollar, the fourth biggest loser among Asian currencies this year against the US dollar, strengthened for the first day in six on Thursday, as it crawls its way out of the lowest end of a trading band in more than three decades.
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03:15 | 2/2/18
Konbini US
Hong Kong has just approved a Government proposal to ban the sale of ivory, in a landmark decision described by animal welfare campaigners as "a lifeline for elephants".
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The dollar also pared its gains against the yen in morning trading. It was up 0.29 percent at 109.49 yen, compared with 109.74 yen at around 6:30 a.m.
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08:52 | 18/12/17
Hong Kong Standard
The US dollar and Hong Kong dollar deposit rates have increased after the US Federal Reserve's rate hike last week and the rising cost for banks to attract deposits.
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17:52 | 25/11/17
The Philadelphia Tribune
It said they made unspecified “huge profits” by trading on the difference in exchange rates between Hong Kong dollars and the mainland's yuan.
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17:30 | 24/11/17
U.S. News & World Report
It said they made unspecified "huge profits" by trading on the difference in exchange rates between Hong Kong dollars and the mainland's yuan. Beijing allowed an informal financial industry to flourish over the past two decades to support entrepreneurs ...
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18:51 | 3/11/17
Nikkei Asian Review
Shares of garment manufacturer Crystal International Group rose as much as 8.9% as they made their debut in Hong Kong on Friday following a 3.82 billion Hong Kong dollar ($490 million) initial public offering. They were up 5.2% by the noon break ...
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The central parity rate of the yuan against the Hong Kong dollar is based on the central parity rate of the yuan against the U.S.
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Hong Kong's appeal may stem from a service it offers front companies that potentially gets around US oversight when using the dollar: the Clearing House Automated Transfer System (CHATS) for certain transactions involving US dollars for payments ...
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16:07 | 7/8/17
Financial Times
The Hong Kong dollar is nearing its lowest level in a decade against its US counterpart as the interest rate gap between the two continued to widen in favour of the US.
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