HONG KONG (Reuters) – Ng Goon-lau pointed at a window inside a dark, tiny bedroom. The window was small and easily sealed, Ng explained, a perfect place for carbon monoxide poisoning. A man once burned charcoal to kill himself there. Another tenant, a policewoman, also…
HONG KONG, June 14 (Reuters) – The Hong Kong Monetary Authority (HKMA) raised the base rate charged through its overnight discount window by 25 basis points on Thursday to 2.25 percent after the U.S Federal Reserve raised interest rates by a quarter of a percentage…
Homeowners in Hong Kong, who use 60 per cent of their monthly income towards mortgage repayments, will see that figure rise to 70 per cent by the end of the year as banks raise their lending rates to match the Fed rates The monthly mortgage…