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  1. News - Hong Kong - CURRENCIES

    Monetary Authority intervenes to hold down value of the Hong Kong dollar

    Posted Oct 21st 2012, 12:00am by Yvonne Liu

    ... Yvonne Liu and Bloomberg A flow of hot money into Asian currencies and markets forces the first intervention in 3 years HKMA steps in to check HK dollar The Hong Kong Monetary Authority intervened in the currency markets for the first time in nearly three years yesterday to hold down the value of the Hong Kong dollar. The currency has been pushed close to the upper limit of its ...

  2. Top universities need to pay top salaries

    Posted Oct 22nd 2010, 12:00am by Staff Reporter

    ... Victor Fung Keung After 168 years, market forces are finally coming to our universities. It's late but late is better than never. Hong Kong universities have been delinked from ... trail-blazing policies. Other local universities should stop procrastinating and embrace this approach: let market forces decide. Hong Kong succeeds as a financial and banking centre because we know ...

  3. What's on in Hong Kong

    Posted Jan 29th 2010, 12:00am by Staff Reporter

    ... Singapore sweetheart Mando-pop singer Stefanie Sun will be in Hong Kong to perform her special brand of tunes. When: February 5 and 6, 8.15pm Where: Hong Kong Coliseum Tickets: HK$200-HK$680 from Urbtix on 2734 9009 Overseas advice There's still time to sign up for the Top Universities tour, an exhibition of tertiary institutes from around the world, and advice on living ...

  4. Rise in Chinese University graduates' average pay

    Posted Jun 01st 2007, 12:00am by Will Clem

    ... by the University of Hong Kong released last week. It found 99.8 per cent of last year's graduates were employed, earning an average monthly wage of HK$15,188, up 6.9 per cent on its survey last year. ... picture. Hong Kong Polytechnic University, Hong Kong University of Science and Technology, and Hong Kong Baptist University last month posted employment figures for 2006 graduates of 97.6 per cent, ...

  5. Business - Comment - MONITOR

    'Made in America' means added pain for Hong Kong

    Posted May 02nd 2013, 12:00am by Tom Holland

    ... added pain for Hong Kong For the past 10 years, Hong Kong's economy has been boosted by twin external superchargers. Now, both are in danger of breaking down. Part of the performance boost over recent years was provided by the rapid growth of China, which yielded a bonanza for the city's financial, trade services and retail sectors. But Hong Kong also got a propellant charge ...

  6. Business - Economy - CURRENCIES

    Pegging Hong Kong dollar against yuan 'could take years'

    Posted Apr 30th 2013, 12:00am by KANIS LI

    ... not come for years' 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 widely used before that day comes, which could take "many years". The chief economist ...

  7. HK$70,000 a month, now that's worth graduating for

    Posted May 11th 2012, 12:00am

    ... Jennifer Cheng jennifer.cheng@scmp.com Many people may be feeling the pinch. But one new University of Hong Kong graduate is having the time of their life, earning HK$70,000 a month ... and is willing to pay. HKU graduates joining the construction sector are enjoying the biggest rise in pay, up an average 26 per cent from HK$13,800 a month in 2010 to HK$17,400. 'In Hong Kong ...

  8. Comment - Letters

    Hong Kong not gaining from peg

    Posted May 06th 2013, 12:00am by LETTERS

    ... Peg is wiping out productivity gains of diligent middle class The Hong Kong dollar is pegged to the US dollar by a currency board. This obsolete arrangement is also used by other economies such as Bermuda, Antigua and Barbuda, and the Cayman Islands. The peg increases inflation, due to our inability to adjust the upward strength of the Hong Kong dollar. Whatever labour productivity gains ...

  9. The case for keeping Hong Kong's peg

    Posted Dec 11th 2007, 12:00am by Tom Holland

    ... hard think about it first. *Hong Kong's Link to the US Dollar: Origins and Evolution by John Greenwood, published by the Hong Kong University Press with the Hong Kong Institute ... of gravity sitting under an apple tree. And monetary economist John Greenwood devised Hong Kong's exchange rate link to the US dollar while lying under a coconut palm on the Micronesian island ...

  10. An insight into the workings of Hong Kong's currency peg

    Posted Sep 10th 2007, 12:00am by Jake Van Der Kamp

    ... The History, Logic and Operation of the Currency Peg, Tony Latter, Hong Kong University Press, 155 pages, 2007, p. 74) ... establish Mr Latter's credentials first. He is a career central banker from the Bank of England who was Hong Kong's Deputy Secretary for Monetary Affairs in 1983 when the peg was adopted. ...




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