The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady.

The Hong Kong Monetary Authority (HKMA) maintained its base rate at 4.75% on Thursday, aligning with the U.S. Federal Reserves decision to hold rates steady. Hong Kongs monetary policy follows U.S. interest rate moves

HSBC and other major banks will only announce their interest-rate decisions on Monday, the first working day of the Lunar New Year.

Asian stocks advanced Wednesday in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek faded.

Owners registered 47,917 mortgages on various properties in 2024, the least since Centaline Property began tracking the data in 2000.

Chinese risk-free rates are at 20 year lows. This coupled with new policy moves may buoy the Hong Kong and Chinese markets.

The firm said only $5.6 million was spent developing the model. The programme's arrival has sparked competition fears, as tech titans -- including Nvidia, Meta and Alphabet -- have made huge investments worth hundreds of billions of dollars into AI products and sent their valuations soaring.

Massachusetts Senator Peter Durant wants the state to establish a strategic Bitcoin reserve amid global clamor for the coin.

HONG KONG, Jan 28, 2025 (BSS/AFP) - Japanese tech firms sank Tuesday after a sell-off in US titans following news of China's DeepSeek chatbot, while the dollar rallied on a report saying Washington was considering universal tariffs on a range of goods.

LIVE: Markets in Indian are poised to open on a flat note with a positive bias, following a lower close on Wall Street overnight after the US Fed held interest rates steady on Wednesday

The BSE Sensex and NSE Nifty are expected to open a tad higher on Thursday, following positive trend at Gift Nifty.

Tokyo's Nikkei 225 index gained 0.3% to 40,074.87 after the central bank raised its benchmark rate to about 0.5% from 0.25%, as widely expected. It is the highest level for the rate since 2008, as the Bank of Japan shifts out of a long spell of extreme low interest rates meant to spur more borrowing and spending.