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Global Economy
Hong Kong tightens liquidity with $260 mil currency defence
HONG KONG (Mar 11): Hong Kong faces the likelihood of rising borrowing costs after the city’s de facto central bank intervened to defend its currency peg for the first time since August.
March 11, 2019
Property
Property markets from Hong Kong to Sydney join global downturn
(Jan 7): Asia is finally succumbing to the global property slowdown that’s jolted homeowners and investors from Vancouver to London, with markets in Singapore, Hong Kong and Australia showing fresh signs of softening.
January 07, 2019
Property
Hong Kong has US$64 bil plan to build islands for new homes
HONG KONG (Jan 3): Hong Kong, the world’s least affordable property market, has a plan to tackle its housing crisis: build four artificial islands equal to about a fifth the size of Manhattan that could house more than a million people.
January 03, 2019
IPO
The world's top IPO venue for 2018 sees worst returns in decade
(Dec 19): Hong Kong is host to the world’s busiest venue for initial public offerings this year. And the worst losses in a decade.
December 19, 2018
Careers & Training
Singapore wins Asia's talent battle, but is trounced by Europe
SINGAPORE (Nov 20): Switzerland once again clinched the top spot in a global survey on fostering and attracting talent, in a top 10 list that includes Canada but not the US, and no Asian nations.
November 20, 2018
Property
Singapore ousts Hong Kong as No. 1 for luxury home-price gains
(Oct 31): Guess which city managed to top a luxury real-estate ranking despite a slew of cooling measures to tame its property market?
October 31, 2018
Property
Housing prices are through the roof in these 10 cities
SINGAPORE (Oct 4): Oh Canada! The first two words of that country’s national anthem are also what many people in Toronto and Vancouver must be saying when they pay their rent or mortgage.
October 05, 2018
Property
Hong Kong housing correction of 15% possible, Gaw Capital says
(Sept 14): A correction in Hong Kong property prices of as much as 15% in the first half of 2019 is possible as interest rates rise and the tide of money flowing in from mainland China recedes, according to Kenneth Gaw, president of Gaw Capital Partners.
September 14, 2018
Property
Hong Kong may consider further curbs on home purchases by foreigners
(Sept 4): Hong Kong could consider imposing further restrictions on home purchases by non-locals, the Hong Kong Economic Journal reported.
September 04, 2018
ST Engineering's electronics unit wins contract to test out smart lamp posts in Hong Kong
SINGAPORE (Aug 29): ST Engineering’s electronics unit has won a contract to conduct a proof of concept trial to deploy multi-purpose lamp posts (MPLP) in Hong Kong.
August 29, 2018