Hong Kong's Consumer Prices Rise 1.5% in June

The larger increase was due mainly to a year-over-year decline in the government's provision of electricity charges subsidy as compared to June 2023.

MT Newswires05:20 ET

Hong Kong's Unemployment Rate Remains Consistent in April-June

The unadjusted unemployment rate also stayed the same across the two periods at 1.2%.

MT NewswiresJul 18 05:16 ET

Short-term Hong Kong dollar interbank rates rise, overnight interbank rates rise to 4.48%, reaching a new high in nearly a week.

On July 16th, the short term interbank rates for Hong Kong dollars increased, but long term rates remained soft. Among them, overnight rates rose slightly by 4 basis points to a new high of 4.48131% in the past week.

Zhitong FinanceJul 16 01:37 ET

Interest rates for Hong Kong dollars vary, with a one-month borrowing rate of 4.6%.

On July 15th, individual developments occurred in the Hong Kong interbank interest rates this morning, with the overnight rate slightly down to 4.44119%, while the one-month interbank rate related to property remained at 4.6%.

Zhitong FinanceJul 15 01:35 ET

The peso depreciation is causing great pressure, Argentina plans to sell dollars in the foreign exchange market.

According to the app of Zhītōng Finance, starting from Monday, the Central Bank of Argentina will sell US dollars on the country's parallel forex market. The Argentine Minister of Economy, Luis Caputo, referred to this as "deepening the currency framework".

Zhitong FinanceJul 14 22:08 ET

Hong Kong's Q2 Growth Seen to Contract to 2%, Survey Says; PMI Shrinks to Lowest Since September

Slower domestic demand may drag Hong Kong's economic growth to 2% in the second quarter, according to estimates by the University of Hong Kong's HK Macroeconomic Forecast released Thursday.

MT NewswiresJul 8 05:22 ET