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 NewswiresJul 22 05:20 ET

South Korea GDP Growth Likely Slowed in 2Q, WSJ Poll Says -- Market Talk

0036 GMT - South Korea's gross domestic product growth likely slowed in 2Q. The median forecast of five economists polled by The Wall Street Journal is for GDP to have grown 2.4% on year while shrinking 0.1% on quarter for the April-June quarter.

WSJJul 21 20:36 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

Bank of Korea Holds Firm Despite Softening Inflation

The Bank of Korea held its key policy rate steady at 3.5% on Wednesday, unchanged since January of 2023 despite the central bank declaring that "inflation has continued its slowing trend."

MT NewswiresJul 11 09:21 ET