Hong Kong dollar funding cost drops in FX intervention aftermath

Hong Kong dollar funding cost drops in FX intervention aftermath

[ad_1] Hibor extended its drop as it fell below 1% on Tuesday (May 20) for the first time since 2022 Published Tue, May 20, 2025 · 03:23 PM [HONG KONG] Hong Kong’s key interbank borrowing cost slumped following foreign-exchange intervention by the city’s authorities, fuelling bearish bets against the local dollar. The one-month Hong Kong…

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Conan O’Brien Joins ‘Toy Story 5’

Conan O’Brien Joins ‘Toy Story 5’

[ad_1] Conan O’Brien is set for the role of Smarty Pants in Toy Story 5, Disney and Pixar announced on Monday, during the Consumer Products section of Disney’s Licensing Expo presentation. “Isn’t that crazy? Legendary franchise,” said O’Brien in a video Instagram message celebrating the news. “These films are amazing. I can’t believe this!” Admittedly,…

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Shemar Moore Addresses ‘S.W.A.T.’ Spinoff & Moving Ahead Without Former Castmates: “I’m The Quarterback”

Shemar Moore Addresses ‘S.W.A.T.’ Spinoff & Moving Ahead Without Former Castmates: “I’m The Quarterback”

[ad_1] While recognizing he may “catch some flack” from the industry and fans, Shemar Moore on Monday spoke out about his upcoming S.W.A.T. spinoff while using a Tom Brady analogy to explain why he’s going it alone this time. In a lengthy Instagram post, Moore acknowledged that “nobody likes change” and “you can’t win without…

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‘The Daily Show’s Jon Stewart Mocks Media Praising Trump For “Not Taking Cancer’s Side” In Biden Statement

‘The Daily Show’s Jon Stewart Mocks Media Praising Trump For “Not Taking Cancer’s Side” In Biden Statement

[ad_1] As Jon Stewart returned to The Daily Show, he took aim at the media’s recent coverage of Joe Biden‘s cancer diagnosis. On Monday’s episode, the comedian expressed skepticism that President Donald Trump wrote his own Truth Social statement wishing his predecessor a “fast and successful recovery” as it didn’t sound like his usual online…

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Asia: Markets rebound to track Wall Street up as China cuts rates

Asia: Markets rebound to track Wall Street up as China cuts rates

[ad_1] [HONG KONG] Asian markets rose on Tuesday as investor sentiment returned following the previous day’s US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic lows. The rally tracked advances on Wall Street, where the initial selloff sparked by Moody’s removal of Washington’s triple-A grade soon gave way to a…

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China EV battery giant CATL’s Hong Kong IPO positive for mainland listings: Morningstar

China EV battery giant CATL’s Hong Kong IPO positive for mainland listings: Morningstar

[ad_1] [SINGAPORE] Chinese electric vehicle battery maker Contemporary Amperex Technology Company Limited (CATL) seemed poised for a winning start in its Hong Kong IPO (initial public offering) on Tuesday (May 20). In the world’s largest listing this year, CATL shares jumped in its Hong Kong trading debut, raising HK$35.7 billion (S$5.9 billion) despite being blacklisted…

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