the country’s central bank chief said on Monday, pledging supportive monetary tools, measures to stem property market risks and tighter financial links between the mainland and Hong Kong.
China has unveiled fresh measures to strengthen Hong Kong’s role as an offshore yuan financing hub, including establishing a new yuan funding facility for banks and companies and expanding ...
Offshore RMB activities experienced a setback, however, after the People’s Bank of China changed the way it set the central parity rate in August 2015. RMB deposits in Hong Kong fell from 1.0 ...
Consensus Hong Kong chairman Michael Lau joins "Markets Daily" to discuss Hong Kong's ambitions to become a Web3 hub and trends to watch for in the Asia region. Plus, a preview into the content ...
[Photo/Agencies] The People's Bank of China will issue central bank bills worth 60 billion yuan ($8.18 billion) in Hong Kong on Jan 15, which experts said sends a policy signal of strengthening ...
The announcement came alongside others made by China's central bank Governor Pan Gongsheng at a business conference, including pledges to help Hong Kong provide cheap yuan funding in the territory ...
On Monday, Apple announced that its new savings account is open for business. The iPhone maker’s new banking product, which was announced last fall, is available to those with an Apple credit ...
RELATED: Report: Fortnite Instruments Will Also be Pickaxes Soon Alongside the introduction of Godzilla will be the legendary King Kong, though we don't yet know if they're diving onto the Island ...
A new Costco location is expected to come to a mall in Central Florida. News 6 has learned from a reliable source that Costco is set to be on-site at the Seminole Towne Center, which is forcing ...
Sales of Apple's iPhone dipped in 2024, with the tech giant losing some of its market share last year, research indicated. Preliminary results from Counterpoint Research's market pulse showed that ...
(Reuters) - Smartphone shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition from Chinese companies including Xiaomi, according to ...