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Hong Kong Bankers Expecting Higher Pay
  • February 20, 2023
  • Team Hongkong Journalist
  • Banking and Finance

Hong Kong Bankers Expecting Higher Pay This Year Over Singaporeans

Hong Kong and Singapore are in a tight position. A new salary report suggested that the job market in Asia will favor Hong Kong professionals over those in Singapore....
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Cenbank Raises Interest
  • February 3, 2023
  • Team Hongkong Journalist
  • Banking and Finance

Hong Kong’s Cenbank Raises Interest Rate After Hsbc Denied To Increase Rates

On Thursday, Hong Kong Monetary Authority (HKMA) enhanced its base rate charge, the overnight discount window, by 25 basis points to 5.0%. Hong Kong’s monetary policy is moving in...
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Hong Kong, Foreign Banks Needs To Rejig Strategies For Brighter Outlook
  • January 30, 2023
  • Team Hongkong Journalist
  • Banking and Finance

Hong Kong, Foreign Banks Needs To Rejig Strategies For Brighter Outlook

The foreign banks in mainland China look to be brighter in 2023 amid the country’s reopening and exit from strict zero Covid policies. Although, it does put pressure on...
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VanEck is putting an end to its Russia ETFs
  • December 30, 2022
  • Team Hongkong Journalist
  • Banking and Finance

VanEck is putting an end to its Russia ETFs

After the ongoing conflicts in Europe, global investment manager VanEck has plunged into liquidating its Russia-centric ETFs. This decision of VanEck has enfeebled the Russian market from Western investors....
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BOJ Kuroda shuns near-team chance of exit from easy policy
  • December 26, 2022
  • Team Hongkong Journalist
  • Banking and Finance

BOJ Kuroda shuns near-team chance of exit from easy policy

Japan, December 26 (Reuters) – Haruhiko Kuroda, governor of the Bank of Japan (BOJ), dismissed the possibility of a short-term shift away from the ultra-loose monetary policy on Monday...
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The BOJ may begin tightening, says Goldman Sachs, but others disagree
  • December 23, 2022
  • Team Hongkong Journalist
  • Banking and Finance

The BOJ may begin tightening, says Goldman Sachs, but others disagree

The Bank of Japan may belatedly follow its global peers by adopting a tightening monetary policy, according to experts at Goldman Sachs, after the central bank unexpectedly increased its...
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