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Hong Kong rolls out stimulus package to boost economy ravaged by pro-democracy protests

The 2 billion Hong Kong dollar stimulus package targets the tourism and logistics industries......»»

Category: topSource: foxnewsOct 22nd, 2019

Hong Kong Dollar Spikes Most In 3 Months As HKMA Chief Jawbones

Having blown through almost US$7 billion in the last few days to rescue the Hong Kong Dollar from breaking the weaker-end of its .....»»

Category: blogSource: zerohedgeApr 19th, 2018

Hong Kong Intervenes, Fails To Rescue Dollar From Breaking Peg

Having broken the lower limit of its currency peg band overnight, The Hong Kong Monetary Authority bought the local currency overnight for the first time since the current peg was imposed i.....»»

Category: blogSource: zerohedgeApr 12th, 2018

Australia to block Chinese $9 billion energy takeover bid

The Australian government has warned it intends to block a Hong Kong and Chinese consortium's 13 billion Australian dollar ($9 billion) takeover bid for an energy infrastructure company because it conflicts with Australia's national interest......»»

Category: topSource: foxnewsNov 7th, 2018

Gold futures post back-to-back losses

Gold futures settled lower on Tuesday, with strength in the U.S. dollar and Treasury yields pushing prices down for a second session. "There is a degree of optimism around the vaccination rollout and the restarting of the economy,".....»»

Category: topSource: marketwatchMar 30th, 2021

What’s Pulling at the Hong Kong Dollar’s Peg

Pegged to the U.S. dollar since 1983, the Hong Kong dollar is usually a dull currency. Except when it isn’t. While its trading band of HK$7.75 to HK$7.85 per U.S. dollar, set in 2005, has ne.....»»

Category: topSource: washpostApr 24th, 2020

Yuan, Australian dollar struggle to wipe off coronavirus concerns

The yuan dipped and the Australian dollar hit a six-week low on Wednesday as investors feared the outbreak of a new coronavirus in China could create more headaches for the Chinese economy, which is already slowing because of the U.S.-China trade war......»»

Category: topSource: reutersJan 22nd, 2020

Stocks surge as rally enters year, dollar rebounds

The dollar snapped a four-day losing streak on Thursday and global equity markets jumped at the start of 2020 with a shot of Chinese stimulus, ensuring last year's record-breaking rally remained intact......»»

Category: topSource: reutersJan 2nd, 2020

Chinese defy Hong Kong"s protest gloom in hunt for bargain stocks

Chinese investors more than doubled their Hong Kong stocks purchases this year, braving market headwinds from violent street protests and the protracted Sino-U.S. trade war, which have battered the Asian financial hub's economy......»»

Category: topSource: reutersDec 5th, 2019

The Hong Kong Dollar Has Kept Up In Forex Markets Despite The Protests

The Hong Kong Dollar Has Kept Up In Forex Markets Despite The Protests.....»»

Category: topSource: seekingalphaNov 21st, 2019

Shares slide on U.S.-China spat over Hong Kong, dollar gains

Gl.....»»

Category: topSource: reutersNov 20th, 2019

Global shares slide on U.S.-China spat over Hong Kong, dollar gains

Global stock marke.....»»

Category: topSource: reutersNov 20th, 2019

Alibaba eyes multibillion-dollar Hong Kong IPO despite raging protests

The online retail giant filed an application to list its shares on the Hong Kong Stock Exchange, though it did not provide details on the amount of the new offering......»»

Category: topSource: foxnewsNov 13th, 2019

Alibaba eyes mutli-billion dollar Hong Kong IPO despite raging protests

The online retail giant filed an application to list its shares on the Hong Kong Stock Exchange, though it did not provide details on the amount of the new offering......»»

Category: topSource: foxnewsNov 13th, 2019

Alibaba poised to launch record-breaking $13.4 billion Hong Kong share sale: sources

Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to two sources with knowledge of the discussions......»»

Category: topSource: reutersNov 13th, 2019

Alibaba poised to launch record-breaking $13.4 billion HK share sale: sources

Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to two sources with knowledge of the discussions......»»

Category: topSource: reutersNov 13th, 2019

Alibaba poised to launch record-breaking $15 billion HK share sale: sources

Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $15 billion as soon as Thursday, according to two sources with knowledge of the discussions......»»

Category: topSource: reutersNov 13th, 2019

Hong Kong unrest, stronger dollar weigh on Estee Lauder"s FY forecast

Estee Lauder Cos Inc cut its full-year profit forecast on Thursday as it expects to take a hit from the ongoing unrest in Hong Kong and a stronger dollar, taking the sheen off its better-than-expected results and sending its shares down 5%......»»

Category: topSource: reutersOct 31st, 2019

Smith: Hong Kong Dollar De-Peg On The Horizon

Smith: Hong Kong Dollar De-Peg On The Horizon.....»»

Category: topSource: seekingalphaOct 24th, 2019

Cathay Pacific shelves U.S. dollar bond plans amid Hong Kong unrest

Cathay Pacific Airways Ltd has shelved plans for its first U.S. dollar debt deal in 23 years, the airline said on Friday, after sources told Reuters that global investors had baulked at the pricing due to civil unrest in Hong Kong......»»

Category: topSource: reutersOct 18th, 2019