HONG KONG: Hong Kong private home prices extended a fall in October, dipping to their lowest since March 2017, official data showed on Tuesday, weighed down by higher interest rates and weak buying sentiment. Home prices in the financial hub, one of the most expensive markets in the world, dropped […]
Day: November 27, 2023
HONG KONG: People’s Bank of China (PBOC) Governor Pan Gongsheng said monetary policy would be kept accommodative, though inflation was “bottoming out” and was likely to pick-up in coming months. China’s economy gained momentum in recent months, paving the way for achieving the official growth target, Pan told the HKMA-BIS […]