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Read MoreRequired: These cookies (e. g. for storing your IP address) cannot be rejected as they are necessary to ensure the operation of the website. These data are not evaluated further. Analytics: If you consent to this category, data such as IP address, location, device information, browser version and site visitor behaviour will be collected. These data are evaluated for the SNB's internal purposes and are kept for two years. Third-party: If you consent to this category, third-party services ...
Read MoreThe Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Hongkong and Shanghai Banking Corporation Limited relating to fraudulent websites and internet banking login screens, which have been reported to the HKMA. A hyperlink to the press release is available on the HKMA website. The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out t...
Read MoreThe Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Fubon Bank (Hong Kong) Limited relating to fraudulent websites and internet banking login screens, which have been reported to the HKMA. A hyperlink to the press release is available on the HKMA website. The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. They will ...
Read MoreThe Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (7 February) that a tender of 10-year RMB Government Bonds (Bonds) through the re-opening of existing 10-year Government Bond issue 10GB3411001 under the Infrastructure Bond Programme will be held on Thursday, 13 February 2025, for settlement on Monday, 17 February 2025. An additional amount of RMB1. 0 billion of the outstanding 10-yea...
Read MoreThe Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (7 February) that a tender of 2-year RMB Government Bonds (Bonds) through the re-opening of existing 2-year Government Bond issue 02GB2611001 under the Infrastructure Bond Programme will be held on Thursday, 13 February 2025, for settlement on Monday, 17 February 2025. An additional amount of RMB1. 5 billion of the outstanding 2-year B...
Read MoreThe Hong Kong Monetary Authority (HKMA) announced today (7 February) that the official foreign currency reserve assets of Hong Kong amounted to US$421. 5 billion as at the end of January 2025 (end-December 2024: US$421. 5 billion) (Annex). There were no unsettled foreign exchange contracts at end-January 2025 and end-December 2024. The total foreign currency reserve assets of US$421. 5 billion represent over five times the currency in circulation or about 39% of Hong Kong dollar M3. ...
Read MoreBVI FSC APPOINTS DR MICHELLE L. TODMAN SMITH AS DEPUTY REGISTRAR Tortola, British Virgin Islands – 7 February 2025 – The BVI Financial Services Commission (the Commission) is pleased to announce the appointment of Dr Michelle L. Todman Smith as Deputy Registrar of Corporate Affairs. In this new role, Dr Todman Smith will head the operations of the Registry of Corporate Affairs and support the Registrar in advancing key operational and strategic priorities. She has a background in corpor...
Read MoreThe world economy has become more and more globalized as firms have organized production along global value chains. But more recently, globalization has stalled. This paper shows that higher uncertainty, in combination with better automation technologies, has likely contributed to that trend reversal. We show that plausibly exogenous exposure to uncertainty in developing countries leads to reshoring to high-income countries, but only if industrial robots have made this economically fea...
Read MoreWASHINGTON, D. C. — The following is attributable to a Commodity Futures Trading Commission spokesperson: Allegations by unnamed sources in a Bloomberg article attempting to smear Acting Chairman Caroline D. Pham are baseless, were not fact-checked with the CFTC, and an unfortunate attempt by disgruntled individuals that are under investigation to distract from the CFTC’s important mission. Pham’s tenure has been marked by pushes for improved transparency, adherence to the law, and management ...
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