Money

Battle over whether money really can buy you happiness

8 Feb 2013

Hong Kong is a world leader in economic wealth but does higher GDP mean anything when it comes to general satisfaction with life?

5 comments

Financial studies teach students the value of money

6 Jan 2013

When he was in Form Three, Samuel Weil, one of my outstanding IB biology students, advised me to buy Apple stock. Had I listened, I would have made a 400 per cent profit today.

Happiness survey shows achieving it costs more in Hong Kong

27 Nov 2012

Money can't buy happiness, so the saying goes. Yet people around the world remain obsessed with wealth and making money, so much so that the dollar sign is regarded by many as the equivalent of...

Hot money pushes up Hong Kong stocks to 15-month high

3 Nov 2012

Hong Kong stocks hit a 15-month high yesterday, breaching the 22,000 level for the first time in 15 months as investors were cheered by positive data from the US and the mainland.

The Week Explained: Amex not as helpful as the marketing suggests

22 Oct 2012

If you have a credit card you might want to pay some attention to this story. It's something of a saga, but bear with me because the bottom line is rather scary.

Opinion

Alex Lo

Relaxing maids' live-in rule means less room for conflict

Jake Van Der Kamp

Excessive caution leaves reserves going to waste

Howard Winn

HSBC pays big bonuses while admitting to money laundering

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

Yes, the HK$ peg is to blame, but the alternatives are worse

Property prices are an eternal obsession with Hong Kong's inhabitants.

Even so, Monday's Monitor column examining some of the reasons why we can expect the home prices to continue setting...

8 comments

Hong Kong mints new batch of HK$5 coins for first time in 14 years

The Hong Kong government has quietly begun issuing new HK$5 coins, for the first time in 14 years.

A newly minted HK$2 coin also will be put into circulation from December, according to the...

PERSONAL FINANCE RETIREMENT

When time is money - and you don't have any

A recent Justin Timberlake science-fiction movie called In Time had the premise that, in the future, people will only live as long as they can pay for time. If your credit expires, so do you. The...

QE3 will fuel property bubble, authorities must act to rein in prices

The failure of politicians to deal with America's economic problems has prompted the US Federal Reserve to adopt its most aggressive policy stance yet to spur recovery from recession.

CURRENCIES

China to 'allow full yuan convertibility' by 2015

China will probably take the groundbreaking step of making the yuan a fully convertible currency as early as 2015, former central bank governor Dai Xianglong said.