{
Hong Kong Monetary Authority

Companies

}
001122334455554433221100
001122334455554433221100

hong kong cuts interest rates to support struggling economy

The Hong Kong Monetary Authority has reduced its base interest rate by a quarter-percentage point to 5%, following the US Federal Reserve's policy easing. This decision aims to bolster an economy facing challenges from weak consumer spending, reflecting the city's currency peg to the US dollar.
bloomberg.com
Hong Kong Dollar United States Dollar Federal Reserve Bank of Boston N.A. Hong Kong Monetary Authority Apple Inc. USA HKG Show more
Finance & Economy, Market Report
00:31 08.11.2024

hong kong underwater mortgages reach highest level in over two decades

Hong Kong's property market is facing significant challenges, with the value of underwater mortgages reaching HK$207.5 billion ($27 billion) by the end of September, the highest level in over 22 years. This marks a sharp increase from HK$155 billion in June, as reported by the Hong Kong Monetary Authority. The surge in negative-equity loans highlights the ongoing struggles within the city's real estate sector.
bloomberg.com
Hong Kong Dollar Hong Kong Monetary Authority HKG
Finance & Economy, Market Report
11:47 31.10.2024
Trending
Subcategory
Corporate News Industry Trends Stock Market Updates Retail and Consumer Goods Startups & Entrepreneurship Finance Mergers & Acquisitions Global Financial Events CEO Changes Financial Scams and Security Market Analysis and Predictions Banking Regulations Hedge Funds & Private Equity AI Innovations Central Bank Actions Global Trade Developments Industry Mergers & Acquisitions Government Policies Workplace Trends Supply Chain Management Government Economic Policies
Countries:
USA CHN IND GBR JPN SAU ARE CHE SGP DEU IDN KWT QAT CAN JOR MYS KOR VNM THA NGA
Companies:
Tesla, Inc. Wells Fargo & Company Barclays PLC Apple Inc. Bank of America Corporation The Goldman Sachs Group, Inc. NatWest Group plc NVIDIA Corporation JPMorgan Chase & Co. Lloyds Banking Group plc HSBC Holdings plc Mastercard Inc Visa Inc. Santander UK plc Citigroup Inc. Morgan Stanley Nintendo Co., Ltd. Berkshire Hathaway Inc. Rolls-Royce Holdings plc Mercedes-Benz Group AG
Currencies:
United States Dollar Chinese Yuan Euro British Pound Sterling Swiss Franc Japanese Yen Indonesian Rupiah Indian Rupee United Arab Emirates Dirham Offshore Chinese Yuan Singapore Dollar Qatari Riyal South Korean Won Jordanian Dinar Brazilian Real Saudi Riyal
People:
Donald Trump Elon Musk Warren Buffett Rachel Reeves Jamie Dimon Scott Bessent Joe Biden Charlie Nunn Georges Elhedery Mike Regnier Paul Thwaite Hidenori Tanaka Nat Malkus Andrew Bailey Jean Du Boullay Adey Salamin Nasir Alsharif Saygin Yalcin Khaldoon Tabaza Raoul Pal

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.