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Currency News

EXPLAINER-Why is the Hong Kong dollar probing the weak end of its band?

09 Mar 2018 00:11Reuters
SINGAPORE, March 9 (Reuters) - The Hong Kong dollar has been losing ground steadily to the U.S. dollar since the start of 2017 and is near its weakest in 33 years, a milestone it has now touched for six consecutive sessions. more

Walmart and tech stocks lead Wall Street lower

19 Feb 2018 21:33Financial Times
The Dow retreated 1 per cent, while the tech-heavy Nasdaq Composite outperformed with a dip of 0.1 per cent, having earlier risen 0.8 per cent. more

Market exchange rates in China -- Jan. 19

18 Jan 2018 19:41Xinhua
BEIJING, Jan. 19 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Friday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan ... more

Hong Kong stock market hits record on upbeat China data

18 Jan 2018 05:03Nikkei Asian Review
"Investors are inclined to invest in shares with lower valuations when the market is on a rising trend," said Linus Yip, chief strategist at First Shanghai Securities in Hong Kong. The Hang Seng China Enterprises Index of large mainland companies ... more

Doctor jailed over death at Hong Kong beauty clinic

18 Dec 2017 03:11The Tribune
The doctor at the helm of a Hong Kong beauty clinic that administered a deadly experimental cancer therapy was jailed for 12 years on Monday, reports said. more

China breaks up gang that moved $3 billion abroad

24 Nov 2017 22:52The Philadelphia Tribune
It said they made unspecified “huge profits” by trading on the difference in exchange rates between Hong Kong dollars and the mainland's yuan. more

Lululemon shorts sold online for $480: What currency is it anyway?

20 Nov 2017 22:52Marketing Interactive
However, the brand was later clarified by another netizen that the price was stated in Hong Kong dollars, not Singapore dollars. more

Market exchange rates in China -- Nov. 21

20 Nov 2017 19:41Xinhua
The central parity rate of the yuan against the Hong Kong dollar is based on the central parity rate of the yuan against the U.S. more
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