Thursday 28 January 2016

Hong Kong Monetary Authority vows short sellers will not find it easy to mount assault on Hong Kong dollar

A more robust system for local banks to obtain liquidity and an enlarged monetary base make it near impossible for currency speculators to mount a successful attack on the Hong Kong currency, according to the Hong Kong Monetary Authority, which said there’s few parallels with conditions today and those in 1997 to 1998 which saw authorities launch a shock and awe defence of the financial system at the height of the Asian financial crisis.

Monday 25 January 2016

New F&B and clubbing options at Clarke Quay

Admittedly, the riverside nightlife stretch has seen its fair share of tenants come and go, but since November, at least six new restaurants and bars have moved in.