Edition:
United States

Twinnie Siu

UPDATE 1-Taiwan c.bank holds key rates, cuts 2019 growth forecast again

Mar 21 2019

TAIPEI, March 18 Taiwan's central bank left its policy rate unchanged on Thursday, as widely expected, and again lowered its forecast for 2019 economic growth as a global electronics slowdown hurts the island's export-reliant economy.

Hong Kong Jan retail sales growth rises to 5-month high as visitors surge

Mar 05 2019

* Jan retail sales value up 7.1 pct y/y, volume up 6.9 pct y/y

Hong Kong's Nov retail sales post slowest growth in 17 months

Jan 03 2019

* Nov retail sales value up 1.4 pct y/y, volume up 1.2 pct y/y

Hong Kong retail sales growth picks up in October, headwinds cloud sentiment

Nov 30 2018

HONG KONG Hong Kong's retail sales growth picked up in October from the prior month, government data showed on Friday, but consumer sentiment could be increasingly clouded by weak asset markets and external factors like the U.S.-China trade war.

Hong Kong's growth cools; outlook clouded by trade war, rate hikes

Nov 16 2018

HONG KONG Hong Kong's economic growth slowed further in the third quarter and is expected to face additional headwinds amid trade tensions between Beijing and Washington and higher interest rates, posing broader risks to growth in the Asian financial hub next year.

Foxconn unit luring cornerstone investors for Shanghai IPO

May 14 2018

HONG KONG An internet and industrial-focused unit of Taiwanese electronics manufacturer Foxconn plans to sell 30 percent of its public share offering in Shanghai to a group of cornerstone-type investors, its prospectus showed, a rare move in China listings.

HKMA intervenes as Hong Kong dollar hits weak end of trading band

Apr 13 2018

HONG KONG Hong Kong's central bank bought the local currency on Friday, as part of its first intervention in foreign exchange markets since 2015 after the Hong Kong dollar hit the weaker end of its trading range, nudging up a key lending rate that could push borrowing costs higher.

U.S. official says support of Taiwan has never been stronger

Mar 21 2018

TAIPEI The United States' commitment to Taiwan has never been stronger and the island is an inspiration to the rest of the Indo-Pacific region, U.S. Deputy Assistant Secretary of State Alex Wong said on Wednesday, in comments certain to anger Beijing.

U.S. official says support of Taiwan has never been stronger

Mar 21 2018

TAIPEI The United States' commitment to Taiwan has never been stronger and the island is an inspiration to the rest of the Indo-Pacific region, U.S. Deputy Assistant Secretary of State Alex Wong said on Wednesday, in comments certain to anger Beijing.

Hong Kong retail sales see highest growth in nearly 3 years as tourism revives

Jan 03 2018

HONG KONG Hong Kong's retail sales rose for the ninth month in November in their best growth since February 2015 on strong consumer demand and improved tourism, in particular from mainland China.

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