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

South African Reserve Bank Maintains Main Repo Rate at 8.25%

The South African Reserve Bank on Thursday maintained its main repo rate at 8.25% in an effort to keep inflation in check amid disappointing economic performance.

WSJJul 18 09:27 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

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