HONG KONG�China Galaxy Securities Co., a brokerage that raised more than a billion dollars in Hong Kong's biggest initial public offering this year, staged a buoyant trading debut Wednesday, further raising hopes for a pickup in the city's sluggish ...

The Hong Kong dollar's peg to the U.S. counterpart has kept borrowing costs in the city at near-record lows, underpinning a 109 percent gain in home prices since the beginning of 2009, even as the government imposed several property curbs to cool ...

With its robust links to the world's biggest and second biggest economies, Hong Kong was been awash with liquidity as the Fed slashed interest rates to counter the global downturn and began quantative easing.

Hong Kong's dollar might be inflating but its giant yellow duck sure isn't! The much-loved blowup "rubber ducky" made waves in Victoria Harbor two weeks ago, reminding locals of an innocent, happy time before the responsibilities of adulthood.

The yuan will eventually be a feasible currency for Hong Kong to peg its dollar against, in place of the US dollar, said John Greenwood, known as the "father of the Hong Kong-dollar peg". However, Greenwood said, the yuan must be fully convertible and ...

The Hong Kong authority will base the rates on contributions from at least 15 banks in a similar way to how it currently calculates the Hong Kong interbank offered rate (Hibor), which is for Hong Kong dollar-based transactions. The rates will be ...

"The relative strengthening of the Hong Kong dollar against currencies such as the British Pound and Japanese Yen have also drawn the interest of buyers and a pick-up in buying interest has also been supported by a greater number of projects being ...

Since 2002, the US dollar has lost a third of its value against a basket made up of the currencies of its trading partners and competitors (see the first chart).

The peg increases inflation, due to our inability to adjust the upward strength of the Hong Kong dollar. Whatever labour productivity gains are made by our hard-working middle class are not reflected in a stronger dollar as the Hong Kong Monetary ...

HONG KONG May 3 (Reuters) - Hong Kong's Exchange Fund, which is used to back the Hong Kong dollar, posted a HK$17.1 billion ($2.20 billion) investment income gain for the first quarter, the Hong Kong Monetary Authority (HKMA) said on Friday.