Hong Kong

HK monetary chief takes a 10% pay cut

HONG KONG - Hong Kong monetary chief Joseph Yam, claimed by many as being over-paid, became the first senior civil servant to take a pay cut as part of the government's belt-tightening drive.

HKMA Quarterly Bulletin - February 2002

REPORT - The Quarterly Bulletin (QB) carries regular reporting and analyses on the policies of the HKMA's key activities in fulfilling its central banking functions and provides a forum for the HKMA to explain its philosophy and policies, particularly…

Singapore, Hong Kong sign agreement on regulation

SINGAPORE - The Monetary Authority of Singapore (MAS) signed a Memorandum of Understanding (MOU) Friday with the Office of the Commissioner of Insurance of Hong Kong (OCI) for cooperation in regulation of the insurance industry.

HKMA Press Release

PRESS RELEASE - Real Time Gross Settlement (RTGS) Systems in Hong Kong and Reuters Dealing 3000.

Speech by Joseph Yam of the HKMA

SPEECH - The speech by Yam titled 'Briefing to the Legislative Council Panel on Financial Affairs' was divided into four topics currency, banking, financial infrastructure, exchange fund.

Speech by David Carse of the HKMA

SPEECH - In the speech made Thursday and titled '2001 End-Year Review and Prospects and Priorities for 2002' Carse said the challenging operating environment last year will have put pressure on the earnings of Hong Kong banks.

Speech by Joseph Yam of the HKMA

SPEECH - Opening remarks by Joseph Yam, JP, Chief Executive, Hong Kong Monetary Authority to the Hong Kong Foreign Exchange and Money Market Practices Committee Conference on Challenges and Opportunities in the New Century, 22 November.

HKMA Press release on retail payment services

PRESS RELEASE - The Hong Kong Monetary Authority (HKMA) has completed a comprehensive review of retail payment services in Hong Kong ("the Review"), which was conducted by an internal task force of the HKMA set up in August 2000.

China's gold exchange launch seen on 28 Nov

CHINA - China could launch its gold exchange in Shanghai next month with about 100 domestic firms permitted to trade gold for physical settlement only, industry sources in Hong Kong said on Tuesday.

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