Shanghai Commercial Bank

New Business

Hong Kong interbank rates forecast to drop on expected US monetary easing in 2026

The US Federal Reserve under a new chairman in 2026 is expected to press ahead with interest rate cuts of…

Read More »
New Business

Exclusive | Old lender, new twist: Shanghai Commercial Bank teams up with HashKey on credit card

One of Hong Kong’s oldest lenders is stepping up its push into digital finance, teaming up with newly listed digital…

Read More »
New Business

Breaking | Hong Kong follows US in quarter-point interest rate cut to reduce loans cost for borrowers

Hong Kong’s de facto central bank cut the base interest rate for the second time in six weeks, further reducing…

Read More »
New Business

Developing | Hong Kong cuts base rate for the first time in 2025, matching the Fed’s move amid weak US jobs

Hong Kong’s de facto central bank cut the city’s base rate for the first time this year, bringing down the…

Read More »
New Business

Hong Kong’s ‘low-rate honeymoon’ ends as HKMA’s dollar-peg defence raises Hibor

A “low-rate honeymoon” for Hong Kong borrowers has come to an end with an increase in the interest rate banks…

Read More »
New Business

Hong Kong leaves base rate unchanged at 4.75% as US Fed defies Trump’s rate-cut pressure

The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged in lockstep with the US Federal Reserve, after the…

Read More »
Back to top button