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Results 1 - 10 of 296565 for hong kong monetary authority

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  1. HKMA sold HK$7.4 billion in 3 interventions on Thursday

    Posted Nov 02nd 2012, 08:12am by Reuters in Hong Kong

    ... The Hong Kong Monetary Authority (HKMA) stepped into the currency market during New York hours on Thursday, its third intervention for the day, as the local currency repeatedly hit the strong end of its trading range. It sold HK$2.751 billion ($355 million) in Hong Kong dollars in the latest move, bringing the total injection for the day to HK$7.4 billion, data showed. ...

    http://www.scmp.com/article/1074491/hkma-sold-hk74-billion-3-interventions-thursday
  2. News - Hong Kong

    Hong Kong govt silent on Snowden’s fate as lawmakers call for China to decide

    Posted Jun 22nd 2013, 12:33pm by Agencies in Hong Kong

    ... Hong Kong authorities were silent on Saturday on the fate of a former US National Security Agency (NSA) contractor ahead of an expected extradition request by the United States where he ... already approached prominent human rights lawyers in preparation for a protracted extradition battle. If Hong Kong authorities don’t charge him with an equivalent criminal act, authorities cannot ...

    http://www.scmp.com/news/hong-kong/article/1266580/hong-kong-govt-silent-snowdens-fate-lawmakers-call-china-decide
  3. Business - Money

    Asian markets slump due to fears over central bank stimulus

    Posted Jun 13th 2013, 05:39pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Asian markets dived Thursday, with Tokyo’s Nikkei losing more than six per cent, while the dollar hit 10-week lows against the yen on expectations ... cent since hitting its peak last month, putting it in a bear market. Hong Kong shed 2.19 per cent, or 467.62 points, to end at 20,887.04 while Sydney ended 0.61 per cent lower, giving up 28.7 ...

    http://www.scmp.com/business/money/market-snapshot/article/1260001/asian-markets-slump-due-fears-over-central-bank
  4. Business - Economy

    Monetary authority on guard over capital outflows from Hong Kong

    Posted Jul 28th 2014, 04:26am by Reuters

    ... Reuters HKMA on guard over outflows from city Hong Kong must stay alert to the possibility of large capital outflows even as its currency has had unusual strength recently due to inflows for acquisitions, share-dividends and related transactions, an official at the Hong Kong Monetary Authority (HKMA) said. Since July 1, the Hong Kong dollar has repeatedly hit the strong end of the currency ...

    http://www.scmp.com/business/economy/article/1560727/monetary-authority-guard-over-capital-outflows-hong-kong
  5. Business - Banking & Finance - REGULATION

    Hong Kong Monetary Authority's lack of independence queried in IMF study

    Posted Jul 18th 2014, 02:57am by DON WEINLAND

    ... queries key pointof HKMA independence The IMF has called into question the independence of the Hong Kong Monetary Authority (HKMA) from the chief executive at a time of growing concern over the city's exposure to mainland borrowers. In a financial sector assessment aimed at gauging the Hong Kong banking system's compliance with Basel III rules, the International Monetary Fund said ...

    http://www.scmp.com/business/banking-finance/article/1555923/hong-kong-monetary-authoritys-lack-independence-queried-imf
  6. News - Hong Kong - AUCTIONS

    Sotheby’s sets record with HK$4.2bn at Hong Kong autumn sales

    Posted Oct 09th 2013, 12:46pm by Reuters in Hong Kong

    ... Reuters in Hong Kong Sales in Hong Kong considered a barometer of demand from China for expensive artworks and luxury goods Sotheby’s celebrated its 40 years of business in Asia by raising a better-than-expected HK$4.2 billion ($542 million) in Hong Kong, a record for the global auction house’s autumn sales in the city. Sotheby’s biannual sales in Hong Kong are considered a barometer of demand ...

    http://www.scmp.com/news/hong-kong/article/1327827/sothebys-sets-record-hk42bn-hong-kong-autumn-sales
  7. Business - Banking & Finance - FINANCE

    Hong Kong Monetary Authority chief pledges support for US dollar peg

    Posted Jul 07th 2014, 11:27pm by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com HKMA chief pledges support for US dollar peg Hong Kong Monetary Authority chief executive Norman Chan Tak-lam said yesterday that he would continue to support ... central banker- came a week after the authority spent US$2.1 billion to defend the Hong Kong dollar by intervening in the foreign exchange market. Chan rejected calls to abolish the peg, which ...

    http://www.scmp.com/business/banking-finance/article/1549266/hong-kong-monetary-authority-chief-pledges-support-us
  8. Business - Money

    China shares fall in sharp reversal, Hang Seng slips

    Posted Jan 24th 2013, 05:28pm by Reuters in Hong Kong

    ... Apple suppliers hit by disappointed quarterly revenue results Hong Kong shares slipped for a second-straight day on Thursday, falling further away from chart resistance that had stymied ... profit on recent outperformers, triggering a sharp intra-day reversal that left benchmark indexes vulnerable to further losses in the near term. Weakness in mainland markets dragged on Hong Kong ...

    http://www.scmp.com/business/money/markets-investing/article/1135226/china-shares-fall-sharp-reversal-hang-seng-slips
  9. Business - Companies

    Graft trial adjourns for billionaire Kwok brothers

    Posted Oct 12th 2012, 12:53pm by Reuters in Hong Kong

    ... The billionaire Kwok brothers’ corruption trial was adjourned on Friday until January to allow the prosecution more time to gather evidence in Hong Kong’s highest-profile graft case ... corruption in the government and police. Thomas and Raymond Kwok run Sun Hung Kai Properties, the world’s second-largest property developer by stock-market value. The Kwok family is Hong Kong ...

    http://www.scmp.com/business/companies/article/1059470/hong-kongs-billionaire-kwok-brothers-face-court-graft-charges
  10. Business - Banking & Finance - REGULATION

    Norman Chan reappointed as Hong Kong Monetary Authority chief

    Posted Mar 21st 2014, 04:15am by Johnny Tam, Eddie Lee

    ... Johnny Tam and Eddie Lee Monetary Authority chief reappointed Hong Kong's de facto central banker, Norman Chan Tak-lam, has been reappointed with an 8 per cent pay rise, in a move seen by bankers as a bid to sustain the city's financial stability. Chan, 59, would serve a second five-year term as Monetary Authority chief executive after his current term ends ...

    http://www.scmp.com/business/banking-finance/article/1453525/norman-chan-reappointed-hong-kong-monetary-authority-chief

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