Owners registered 47,917 mortgages on various properties in 2024, the least since Centaline Property began tracking the data in 2000.
Hong Kong stocks rose to an almost two-week high as slower growth in US consumer prices bolstered the case for the Federal Reserve to cut interest rates, while investors wait for fourth-quarter economic data that may show a stronger recovery in China.
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.
HONG KONG — Equities fell Friday as traders prepared for the release of US jobs data that could play a key role in the Federal Reserve's decision-making on interest rates, with several officials indicating the cutting has finished for now. Markets have ...
Hong Kong was among the best performing markets in Asia after ... The inflation figures tempered worries that the Federal Reserve might not cut rates this year -- or possibly even hike them -- following a blockbuster jobs report on Friday.
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.
On the supply side, Trump's national energy emergency declaration and his push for energy independence are significant drivers of bearish momentum, as the policies could likely turn the U.S. into a net energy exporter, which might have lasting implications for global oil prices.
The central bank's pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city's financial hub status China's central bank chief Pan Gongsheng promised to park more of the country's US$3.
Asian shares rise and bitcoin hits a record high ahead of Trump's inauguration. European markets gain, while U.S. markets close for a holiday. Investors eye U.S.-China relations and central bank moves.
U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.