Hong Kong Monetary Authority

                   

China stock market slide a normal correction -HKMA

finanznachrichten.de     Sep 3, 2008          

HONG KONG, Sept 3 (Reuters) - The slump in China's stock market is a normal correction and government action to shore up equities is not warranted, Joseph Yam, Hong Kong's central bank chief said in a television interview...                    

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Setting goals for currency clearing

financeasia.com     Aug 24, 2008          

By Nina Mehra | 25 August 2008 In the world of currency trading, improvements are needed in the settlement of cross-regional currencies and the onshore clearing of US dollars, says Latiff at JPMorgan. To what extent has...                    

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12. HLB unveils Islamic banking window in Hong Kong

thestar.com.my     Aug 21, 2008   4 related          

KUALA LUMPUR: Hong Leong Bank (HLB) on Monday launched the first Islamc Banking Window (IBW) in Hong Kong, a platform for the bank to expand its international Islamic financial business. Through the IBW, the bank would be able...                    

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HIong Kong banks keep lending rates flat, seen unchanged in 2008

marketwatch.com     Aug 8, 2008          

HONG KONG (MarketWatch) -- Major Hong Kong banks left their prime lending rates unchanged Thursday, following the U.S. Federal Reserve's decision, and analysts don't expect the rates to rise until early next year as the banks...                    

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Hong Kong warns of downside growth risks

finanznachrichten.de     Aug 7, 2008   1 related          

HONG KONG, Aug 7 (Reuters) - Joseph Yam, head of Hong Kong's central bank, warned of downside risks to the territory's economic growth on Thursday, echoing analysts' views that the city is now vulnerable to global headwinds....                    

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GARP hosts 5th Annual Asia Pacific Convention in Hong Kong Nov 19-21

antara.co.id     Jul 28, 2008          

New York, London and Beijing, (ANTARA News/PRNewswire-AsiaNet) - "Featuring high-level presentations, discussions and panels, our 5th Annual Asia Pacific Convention is designed to comprehensively address topics and challenges...                    

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Shinhan Bank upgraded to licensed bank in HK

xinhuanet.com     Jul 25, 2008   2 related          

HONG KONG, July 25 (Xinhua) -- The Hong Kong Monetary Authority announced Friday that it has upgraded Shinhan Bank's (SHB) restricted banking license to a banking license under the Banking Ordinance. The upgrade took effect on...                    

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Moody's sees limited Asian bank losses from Fannie (at Reuters)

yahoo.com     Jul 17, 2008   13 related          

NEW YORK, July 17 (Reuters) - The threat of Asian banks suffering losses from holdings of Fannie Mae and Freddie Mac mortgage securities is "limited" and default risk is "miniscule," Moody's Investors Service said on Thursday....                    

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HK Monetary Authority grants license to Industrial Bank of Taiwan Co., Ltd

xinhuanet.com     Jul 17, 2008   2 related          

HONG KONG, July 17 (Xinhua) -- The Hong Kong Monetary Authority announced on Thursday it has granted a banking license to Industrial Bank of Taiwan Co., Ltd (IBT). The granting of the banking license took effect on July 16, the...                    

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Hong Kong shares close higher on US lead; HSBC rebounds after 3-day fall UPDATE

finanznachrichten.de     Jul 17, 2008   12 related          

HONG KONG (XFN-ASIA) - Among large-caps, China Mobile gained 2.60 hkd or 2.53 pct at 105.20 and HKEx rose 4.40 hkd or 4.25 pct to 108, while Hutchison Whampoa fell 0.30 hkd or 0.38 pct to 77.65. Among China banks, ICBC rose...                    

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