In Hong Kong, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special ...

HONG KONG (AP) — Asian stocks were mixed on Wednesday ahead of the Federal Reserve's final rate decision of this year. U.S. futures and oil prices rose. Japan’s benchmark Nikkei 225 dropped 0. ...

This was down from 6.5 per US dollar at the start of the year, under the floating exchange rate system. Shops began to quote prices in US dollars and refused to accept Hong Kong dollar notes.

(RTTNews) - The Hong Kong stock market has finished higher in ... Optimism about some interest rate cuts by the Federal Reserve this year, and a drop in treasury yields also contributed to ...

Tokyo's Nikkei 225 index gained 0.3% to 40,074.87 after the central bank raised its benchmark rate to about 0.5% from 0.25%, ...

Massachusetts Senator Peter Durant wants the state to establish a strategic Bitcoin reserve amid global clamor for the coin.

The last few months of 2024 have been a whirlwind, amid the artificial intelligence investing rally, the brief return of meme stock volatility, and the Federal ... Exchange, the Hong Kong Exchange ...

Asian stocks were mixed Wednesday followed Wall Street’s mostly positive performance ahead of key U.S. inflation data that ...

Hong Kong's Hang Seng Index climbed 0.7 percent ... role in shaping the global economic landscape. Similarly, the Federal Reserve's interest rate decisions later this month will provide critical ...

After the US Federal Reserve and Hong Kong Monetary Authority (HKMA) cut their key policy rate by a full percentage point in 2024, at least two more rates are possible next year, according to ...