The Hong Kong Monetary Authority (HKMA) has released its residential mortgage survey results for January 2025, revealing a notable increase in the number of mortgage applications. According to Hong Kong Monetary Authority, mortgage applications rose by 3.3% from the previous month, totaling 6,516 applications. Mortgage Loan Approvals and Drawdowns... Read more

In January 2025, the Hong Kong Monetary Authority (HKMA) reported a notable increase in total deposits with authorized institutions, which rose by 1.4%. This growth reflects an uptick in both Hong Kong dollar deposits and foreign currency deposits, which increased by 1.3% and 1.5% respectively, according to the HKMA.... Read more

The Hong Kong Monetary Authority (HKMA) has announced the interest rate for the fifth interest payment of the Silver Bond Series due in 2025, as per their latest release. The decision impacts Issue Number 03GB2509R, part of the Government Bond Programme’s Retail Bond Issuance. Interest Rate Details As outlined... Read more

The Hong Kong Monetary Authority (HKMA) has disclosed the list of banks participating in the initial phase of the RMB Trade Financing Liquidity Facility (RMB TFLF), effective from February 28, 2025. This announcement marks a significant step in facilitating trade finance for corporate customers within the region. Details of... Read more

NVIDIA Corporation (NASDAQ: NVDA) has announced its financial results for the fourth quarter and the fiscal year ending January 26, 2025. The company reported a record quarterly revenue of $39.3 billion, marking a 12% increase from the previous quarter and a 78% increase compared to the same period last... Read more

MARA Holdings, Inc. (NASDAQ: MARA), a prominent player in the digital asset space, has announced record-breaking financial outcomes for the fourth quarter and the full year of 2024, according to a recent shareholder letter. The company attributed its success to strategic initiatives aimed at leveraging digital asset compute to... Read more

Binance, a leading cryptocurrency exchange, has announced the addition of Toncoin (TON) as the 56th project on its Launchpool platform. According to Binance, users will be able to stake their BNB and FDUSD tokens in separate pools to farm TON tokens over a twenty-day period, starting from August 15,... Read more

Bitfarms Ltd. (Nasdaq/TSX: BITF), a global vertically integrated Bitcoin data center company, has announced several key updates to its Board of Directors and Executive Team, according to GlobeNewswire. Board of Directors Updates Ben Gagnon, currently serving as the Chief Executive Officer, has been appointed to the Board of Directors... Read more