The working group will do roadshows and update industry players on new policies and regulatory measures in Hong Kong, association says The Hong Kong Association of Banks (HKAB) plans to form a working group this quarter to draw up measures to attract more emerging-market customers to the financial hub and support the city's role as an offshore yuan centre.

A rate divergence between the US and China erodes the city’s lure as a cheap place for companies to raise funds. It’s time to move on.

Consumer price index delivers ‘a pleasant surprise’ and suggests ‘gentle easing of persistent inflationary pressures’, investor says.

HONG KONG (AP) — Asian stocks were mixed Wednesday followed Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of market-boosting rate cuts by the Federal Reserve. U.S. futures and oil prices were little changed. Tokyo’s Nikkei 225 index edged 0.1% higher to 38,505.54.

Massachusetts Senator Peter Durant wants the state to establish a strategic Bitcoin reserve amid global clamor for the coin.

The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward pressure on the yuan, analysts say.

Asian markets are mostly lower after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity

The Hang Seng in Hong Kong added 0.2% to 19,264.46 after ... The fear is that all the strong data will convince the Federal Reserve to deliver less relief this year through lower interest rates.

SLB helped lead the market after the provider oilfield services delivered bigger profit and revenues for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.

The absence of any immediate imposition of broad tariffs in the wake of President Trump’s inaugural speech also provided some relief to equities.

Shares were mostly lower in Asia on Friday after China reported that its economy grew at a 5% annual pace last year, hitting the government’s target but slowing from the year

The dollar rallied and Asian stocks briefly erased opening gains after US President Donald Trump said he was considering enacting previously threatened tariffs on Canada and Mexico starting next month.