Hong Kong

Asian inflation may spark investor flight

If inflation continue to rise, a deterioration of investor sentiment about emerging-markets economies cannot be ruled out, said the Exchange Fund advisory committee of the Hong Kong Monetary Authority according to minutes of its June meeting.

HKMA's Yam on Asia's prospects

Asia is a region of rising global importance, particularly in terms of finance, says Joseph Yam, the chief executive of the Hong Kong Monetary Authority.

HKMA's Pang praises BIS's Asian office

Peter Pang, a deputy chief executive at the Hong Kong Monetary Authority (HKMA), has commended the Bank for International Settlements' (BIS) Representative Office in Asia.

Bahrain's governor appoints new adviser

Rasheed Al-Maraj, the governor of the Central Bank of Bahrain, has appointed Michael Taylor, a former head of banking policy at the Hong Kong Monetary Authority (HKMA), as his adviser.

HKMA's Yue on Islamic finance

Greater efforts must be made to establish a level playing-field between the conduct of Islamic finance business and conventional activities, Eddie Yue, a deputy chief executive at the Hong Kong Monetary Authority, noted.

HKMA's Yambo: we will work with Shanghai

Hong Kong and Shanghai will cooperate, rather than compete, with one another to improve the status of south-east Asia as a global hub for finance, Joseph Yam, the chief executive of the territory's monetary authority, said.

HKMA Annual Report 2007

The Hong Kong Monetary Authority's Exchange Fund achieved a record rate of return in 2007, the year's annual report reveals.

HKMA's Pang commends SMEs

Small- and medium-sized enterprises play a vital role in the economic growth of developing countries, Peter Pang, a deputy chief executive of the Hong Kong Monetary Authority, said.

Hong Kong's RTGS passes share-dealing-surge test

Optimisers in Hong Kong's high-value payments system meant it was able to cope with the explosion in initial purchase offers and lively market trading in 2007, Esmond Lee and Sara Yip, two members of the Financial Infrastructure Department at the region…

Renminbi's behaviour influences whole region

Since the exchange rate reform in July 2005, fluctuations in the renminbi have impacted the movement of other Asian currencies, research published by the Hong Kong Monetary Authority (HKMA) finds.

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