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.

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 ...

Asian markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year. 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.

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.

Asia-Pacific markets trade mixed on Wednesday, following Wall Street gains overnight after US President Donald Trump's less aggressive stance on tariffs. Investor sentiment soured after U.S. President Donald Trump said that his team was discussing a 10% tariff on China as early as Feb.

U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.

Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation. Japan's benchmark Nikkei 225 added 0.2% to 38,532.18.