text

Yuan records biggest weekly drop in nine months, as greenback continues to strengthen

​Chinese currency hovers around lowest level in over six years; Thai Baht rallies after losing 1.85pc this month, after King’s death

text

Underground down payment loans cast a shadow over government’s efforts to curb property lending

P2P lenders still more than willing to stump up deposit loans, at hefty rates of interest

text

76% of Filipinos happy with President Duterte at 100th-day mark

A survey has found that 76 per cent of voting-age Filipinos are satisfied with President Rodrigo Duterte's performance some 100 days after he took office, apparently happy with his ultra-hardline stance on crime and unfazed by his threats to "break up" with top ally the United States.

text

World Bank raises 2016 East Asia growth forecast, sees limited Brexit impact

The World Bank slightly raised its 2016 economic growth forecast for developing East Asia and the Pacific on Wednesday (Oct 5), saying that Brexit is unlikely to have any significant near-term impact on growth in the region.

text

Asian shares wobble on Deutsche Bank concerns, dollar firms after upbeat US data

Asian shares wobbled on Tuesday (Oct 4) after fading hopes for a reduced Deutsche Bank fine and rising expectations of a US interest rate hike pressured Wall Street.

text

Three universities in HK in top 10 of rankings of young institutions

University of Science and Technology retains spot in second place, while City University keeps fourth spot and Polytechnic University stays in sixth position in list compiled by London-based company

text

Hong Kong office space is the most expensive in the world, at nearly double New York rates

Knight Frank’s Skycraper Index places Hong Kong at the top of 31 leading cities surveyed, with office lease rates 76 per cent more expensive than runner up New York

text

Fed's Brainard warns against rush to raise US interest rates

Market analysts lower estimate of rate rise in Fed’s September 20-21 meeting

text

Sell Hong Kong property stocks on Trump win: Dutch fund manager

Investors should dump Hong Kong real estate stocks if Donald Trump wins the US presidential election in November, according to a Dutch pension fund manager who oversees almost US$13.5 billion of property equities globally.

text

Hong Kong homes to go for hefty discounts as part of pilot ownership scheme

Flats being sold as part of a ­subsidised scheme are set go for HK$940,000 when they are ­offered up to public housing ­tenants next month.

text

Room glut hobbles Singapore hotels despite tourist influx

An influx of tourists to Singapore this year has brought little joy to the city’s hoteliers, as a glut of rooms sends a key revenue measure to a six-year low.

text

Typhoon Namtheun downgraded to tropical storm after hitting Nagasaki in Japan

​Typhoon Namtheun has been downgraded to a tropical storm as it moved north over the Sea of Japan after making landfall in Nagasaki City on Japan's southwestern main island of Kyushu in the early hours of this morning, the weather agency here said Monday.

text

12 per cent of Hong Kong art academy students sexually harassed, survey says

Poll by student union also finds 18 per cent witnessed classmates being sexually harassed by professors, with most unaware of reporting mechanism

text

Hong Kong broadcaster TVB reports 30pc decline in operating profit on lower ad spending

Hong Kong broadcasting giant TVB reported a net profit decline of 74 per cent as a result of a gain on the disposal of a Taiwanese production company that was included in its 2015 earnings.

text

Mengniu Dairy's interim profit hit hard by bruising price war

Net profit tumbles 19.5pc, despite 6.6pc rise in revenue to 27.26 billion yuan. Liquid milk sales jump 8.3pc, yoghurt sales surge 31.6pc

text

Stay alert for Zika risk, Hongkongers returning from Olympics are warned

Mosquitoes that can spread the disease pose a threat at seven black spots across the city

text

HKEX set to launch circuit breaker to control volatility

Brokers says volatility control mechanism is unlikely to cause a repeat of China’s circuit breaker chaos in January