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  • April 17, 2014
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Results 1 - 10 of 288982 for hong kong monetary authority

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  1. Business - Economy

    Got a question about the dollar peg? We have the answers

    Posted Oct 14th 2013, 02:30pm by Hong Kong Monetary Authority

    ... Hong Kong Monetary Authority 1. What is the Linked Exchange Rate System (LERS)? The LERS was adopted in Hong Kong in October 1983. The objective of the LERS is to maintain currency ... to US$1. The structure of the monetary system is characterised by currency board arrangements, requiring the Hong Kong dollar (HKD) monetary base to be at least 100 per cent backed by the USD ...

    http://www.scmp.com/business/economy/article/1331435/got-question-about-dollar-peg-we-have-answers
  2. 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
  3. Lifestyle - Health - HEALTH

    Psoriasis patients seek subsidies for medication

    Posted Nov 26th 2012, 01:45pm by Reuters in Hong Kong

    ... A spokesman for the Hospital Authority, the body that oversees all public hospitals in Hong Kong, said it would have to make a detailed study before deciding if it will subsidise the treatment ... Reuters in Hong Kong When Gary Lai first came down with the skin disease psoriasis, he got so tired of the stigma he faced in the outside world that he would lock himself away in his ...

    http://www.scmp.com/lifestyle/health/article/1091104/psoriasis-patients-seek-subsidies-medication
  4. 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
  5. News - China

    Asia's budget airline boom bypasses China

    Posted Sep 27th 2012, 02:44pm by Associated Press in Hong Kong

    ... Associated Press in Hong Kong A budget airline boom that is sweeping Asia is leaving Chinese travellers behind. From almost none a decade ago, the region now has more than 50 low cost ... growing airline industry. That means three big state-owned carriers dominate. Aviation authorities are shielding them from competition as well as keeping the industry from growing too rapidly ...

    http://www.scmp.com/news/china/article/1048576/asias-budget-airline-boom-bypasses-china
  6. 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
  7. 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
  8. News - Hong Kong - CRIME

    Hong Kong police and monetary authority issue warning against counterfeit HK$1,000 banknote

    Posted Dec 26th 2013, 10:44am by Staff Reporter

    ... variation of counterfeit notes modelled on it. The Commercial Crime Bureau on Monday seized five pieces of these counterfeit notes from two local banks. The Hong Kong Monetary Authority described ... banks and the police,” the authority said in a statement. “We have required all banks in Hong Kong with cash-handling business to provide their staff with appropriate information and training ...

    http://www.scmp.com/news/hong-kong/article/1390068/hong-kong-police-and-monetary-authority-issue-warning-against
  9. News - Hong Kong

    Hong Kong film fest features John Woo-style cop thriller

    Posted Oct 12th 2013, 12:00pm by Associated Press in Hong Kong

    ... Associated Press in Hong Kong The 10th annual Hong Kong Asia Film Festival opens later this month with the world premiere of Benny Chan’s "The White Storm" The lineup at the Hong ... The 10th annual Hong Kong Asia Film Festival opens later this month with the world premiere of Benny Chan’s “The White Storm,” a classic cop thriller reminiscent of the days of John Woo’s “A Better ...

    http://www.scmp.com/news/hong-kong/article/1330152/hong-kong-film-fest-features-john-woo-style-cop-thriller
  10. 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

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