Clara Chan Ka-chai earned the monikers “goddess” and “little chilli” for deftly negotiating Cathay Pacific Airways’ HK$39 billion (US$5.2 billion) rescue plan in 2020, which catapulted her into the CEO’s …
“The US interest rate cut maybe delayed as a result of high inflation. As such, the high interest rate may last for a longer period of time,” said the de …
This comes after a loss of HK$10.5 billion in the third quarter and gains of HK$108 billion and HK$8.4 billion in the first and second quarter, respectively. Hong Kong Monetary …
“The Exchange Fund is for a long-term investment and should not worry over the short-term market volatilities,” Eddie Yue Wai-man, CEO of the HKMA, said during the financial affairs panel …
The HKMA has already taken on a bigger role at the international level; it is now actively involved in the Bank for International Settlements (BIS) and is working on introducing …