The HKMA follows the Fed’s rate decision in lockstep since 1983 by design under its linked exchange rate system to preserve the local currency’s peg to the US dollar. The …
Dwindling hopes for an interest-rate cut this year could put a damper on surging Hong Kong home sales, according to analysts. As of Tuesday, 5,109 new homes have been sold …
Mergers and acquisitions (M&A) activity in the Asia-Pacific region is expected to bounce back by around 10 per cent in the second half of this year after a lacklustre 2023, …
The number of property transactions in Hong Kong surged 17 per cent in January to 4,399 deals from a month ago, with total sales rising 12.5 per cent to HK$37.79 …
In economic forecasts published alongside the last Fed decision, policymakers indicated that they expect as many as three quarter percentage-point rate cuts this year – although they did not indicate …
Yet, since the start of this year, doubts have crept in about the Fed’s ability and willingness to loosen policy significantly. The uncertainty stems from deeper concerns about a costly …
“The cooling of the economy is only happening slowly,” Bank of America’s chief US economist Michael Gapen wrote in a recent investor note. “We think most committee members believe further …