Similar Stories to What The Hong Kong Dollar Peg Is And Why It Matters on Bing News

Pegged to the U.S. dollar since 1983, the Hong Kong dollar is usually a dull currency. Except when it isn’t. Heightened tension between the U.S. and China over the city’s autonomy has focused attention on it yet again.

Topics:  hong kong   china   u.s    peg   
BING NEWS:
  • Don’t discount the millions of Hongkongers who voted with their feet – by staying
    Many Hongkongers who are eligible to live elsewhere have not moved, a testament to their confidence in the city. And a disappointing stock market performance is no indicator of poor economic prospects ...
    04/28/2024 - 12:26 am | View Link
  • New World Development puts 18 units up for sale at its recently completed Cheung Sha Wan office tower
    The first 18 units have been priced from HK$7.2 million to HK$22.7 million, or around HK$12,000 to HK$14,000 per square foot, NWD says Wing Hong Street in Cheung Sha Wan is a former industrial area ...
    04/25/2024 - 12:45 am | View Link
  • Why a stronger dollar is dangerous
    A strong dollar tends to raise the price of American exports and lower the price of imports, which would widen the country’s persistent trade deficit—a bugbear of Mr Trump’s for many decades. Robert ...
    04/23/2024 - 5:00 am | View Link
  • Live news: Thames Water pushes up spending promise by £1.1bn
    Troubled UK utility Thames Water has pushed up the amount it plans to spend on its network in its latest business plan by £1.1bn to £19.8bn. The company, which supplies 16mn people — or about 25 per ...
    04/21/2024 - 7:17 pm | View Link
  • Hong Kong’s homebuyers set aside high-rate concerns as they snap up Wheelock’s Park Seasons flats after discounts
    Some analysts have expressed concern that buyers may hesitate to purchase homes should the rate cut not materialise this year.
    04/20/2024 - 10:35 am | View Link
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