With the government facing a budget shortfall of almost HK$100 billion, all eyes will be on how the financial secretary plans ...

Hong Kong's financial chief Paul Chan is set to deliver the annual budget speech on Feb 26. The city is facing its toughest fiscal test in three decades following a painful run of deficits. CNA's May ...

Hong Kong is facing a projected deficit of almost HKD$100 billion (US$13 billion) – double the city’s target – for the ...

Hong Kong authorities should consider gradually raising some service charges to a cost-recovery level for the government’s ...

Hong Kong is expected to focus on steps to curb spending in its annual budget on Wednesday, as it seeks to tackle a fiscal ...

Hong Kong is aiming to curb spending in its annual budget to address a fiscal deficit expected to double the city's target.

Hong Kong is considering legalizing basketball betting to tap into an estimated HK$52.5 billion ($6.7 billion) market, as the ...

Kirkland & Ellis has lost two of its partners in Hong Kong. Mergers and acquisitions, and private equity lawyer Raymond Wong ...

HONG KONG -- The Hong Kong Special Administrative Region (HKSAR) government will double down on its fiscal consolidation strategy in the budget for the new financial year to be released on Wednesday, ...

Hong Kong has recorded annual deficits exceeding $20 billion in three of the past four years, according to official figures.

Hong Kong is mulling over the approval of new cryptocurrency and virtual assets products, including derivatives and margin lending, for select investors, as ...

Once again, Hong Kong is working to introduce basketball wagering within its borders in a bid to curtail illegal gambling ...