The Latest Breaking News from Hong Kong

Reds get new Asian adventure off to winning note

Adelaide United have made easy work of Hong Kong outfit Tai Po FC, running out 3-0 winners in their Asian Champions League Two debut.

AAP · Sep 17

Global Market: Hong Kong dollar hits one-month low as carry trades loom

The Hong Kong dollar weakened towards the lower end of its trading band as the widening interest-rate gap with the US increased the appeal of carry trades. The HKMA raised its base rate by 25 basis points to 4.25%, although analysts do not expect an immediate currency-market intervention.

The Economic Times · Sep 17

Global Market: China, Hong Kong markets slip as Fed signals more rate hikes

China and Hong Kong stocks fell on Thursday after the US Federal Reserve raised interest rates by 25 basis points and signalled another hike could come this year. Rate-sensitive sectors, including gold, non-ferrous metals and property stocks, came under pressure as investors reassessed the outlook for global borrowing costs and…

The Economic Times · Sep 17

Global Market: Hong Kong unveils first five-year plan, targets bigger push into technology

Hong Kong has unveiled its first Five-Year Plan through 2030, targeting higher innovation spending and greater investment in AI, robotics, microelectronics and advanced manufacturing. The strategy also focuses on the Northern Metropolis and deeper technology and economic integration with mainland China.

The Economic Times · Sep 16

Hong Kong unveils first 5-year plan to broaden the city's identity beyond finance

Hong Kong's leader has unveiled a five-year plan to broaden the city's identity beyond finance

The Independent UK · Sep 16

Global Market: China, Hong Kong shares rise as tech stocks gain ahead of Fed decision

Chinese and Hong Kong equities rose on Wednesday, led by technology stocks as investors awaited the US Federal Reserve’s interest-rate decision. The Shanghai Composite gained around 0.6%, while the Hang Seng and Hang Seng Tech Index also advanced. Rising Treasury yields, oil prices and inflation concerns kept investors cautious.

The Economic Times · Sep 16

Hong Kong unveils first five-year plan to cement position as global financial hub

Hong ⁠Kong leader ​John Lee on Wednesday unveiled the city's first five-year plan to boost its global position as a financial hub. The plan serves as a social and economic roadmap detailing the city-state's strategic priorities, including an aim to expand technology ties with mainland China.

France 24 · Sep 16

HSBC, ICICI Bank emerge as biggest FX lenders to India’s diaspora in GIFT City

HSBC and ICICI Bank led lending under a special foreign-exchange swap program. These two banks disbursed a combined $19.3 billion through the central bank's facility. The Reserve Bank of India's program boosted activity in GIFT City significantly. This success encourages lenders to expand wealth management operations and attract more diaspora…

The Economic Times · Sep 16

Suspect Infidelity? How a Private Investigator Can Help Uncover the Truth

Questions about trust in a relationship can create uncertainty that affects many parts of daily life.

inkl · Sep 16

Iran Allegedly Laundered $1.5 Billion In Oil Money Through Crypto. The U.S. Is Going After Some Of It.

Federal prosecutors say two Hong Kong companies helped convert proceeds from sanctioned Iranian petroleum sales to Chinese buyers into cryptocurrency.

International Business Times · Sep 15