Metapress

Economy

Hong Kong may raise GDP forecast as growth poised for 5-year high: Paul Chan

Hong Kong may raise GDP forecast as growth poised for 5-year high: Paul Chan

Advertisement Finance chief says full-year forecast of 3.5 to 4.5 per cent growth may be revised upwards following strong export momentum 3-MIN READ3-MIN Listen Hong Kong’s economic growth this year could be the city’s strongest in five years, with potential for further upward

Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates

Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates

The pace of price increases stepped up in September, keeping inflation well above the Federal Reserve's target, while the economy grew faster than expected in the third quarter, according to Commerce Department reports Thursday. The personal consumption expenditures price index increased a seasonally adjusted 0.5% for the

European Central Bank keeps key interest rate on hold at 2.5%

European Central Bank keeps key interest rate on hold at 2.5%

The European Central Bank voted to hold interest rates steady on Thursday, meeting market expectations, despite euro zone inflation rising to a three-year high. It keeps the central bank's key rate, the deposit facility, at 2.5% following a 25 basis point hike in September. In a

Euro zone economy slows to 0.4% growth in Q3 as crisis-hit France contracts

Euro zone economy slows to 0.4% growth in Q3 as crisis-hit France contracts

Economic expansion in the euro zone slowed to 0.4% in the third quarter, statistics agency Eurostat said on Friday. The 21-nation euro area rebounded to 0.6% growth in the second quarter, following stagnation in the first three months of the year. The flash third quarter reading was

Hong Kong to be exclusive host of Vinexpo Asia trade fair for next 5 years

Hong Kong to be exclusive host of Vinexpo Asia trade fair for next 5 years

Advertisement Tourism board chair says milestone agreement will strengthen city’s position as leading wine, spirits and culinary destination 2-MIN READ2-MIN Listen Hong Kong will be the exclusive host of Vinexpo Asia from 2027 to 2031, ending a rotation with Singapore. The organiser of the fair, Vinexposium, confirmed

Bordeaux officials hail exclusive 5-year deal for Hong Kong to host Vinexpo

Bordeaux officials hail exclusive 5-year deal for Hong Kong to host Vinexpo

Advertisement Deputy mayor Fabien Robert says Hong Kong and Bordeaux ‘have a long story in the past and we have a long future’ 2-MIN READ2-MIN Listen Having a presence in Hong Kong and the rest of China is “very important” for Bordeaux, an official from the world-renowned

Shenzhen too pricey? Cost-conscious Hongkongers dig deeper into mainland China

Shenzhen too pricey? Cost-conscious Hongkongers dig deeper into mainland China

Advertisement As Hong Kong residents explore a wider range of mainland cities, businesses in Guangzhou, Zhongshan and Jiangmen are reaping rewards 2-MIN READ2-MIN Listen He Huifengin Guangdong Seventy-something Hong Kong retiree Leung Ching says a meal for four in Shenzhen, the megacity in mainland China roughly an