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Hong Kong's Currency Defense Kills Fixed-Rate Mortgage Market That's because the Hong Kong Monetary Authority will be forced to keep defending its currency peg given that the gap between the Hong Kong and U.S. policy rates is still around 1 percentage point, he said. The ratio of new mortgages linked to fixed rates rose to about 28 percent in February from 1.9 ...
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Macau | One man arrested for suspected selling virtual currency - PJ Macau (MNA) – The Macau SAR Judiciary Police (PJ) revealed that they have arrested a local resident for suspected fraud of selling virtual currency in collaboration with local gaming operators and junkets. The police revealed on Wednesday that they have launched an investigation into a company ...
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Tax department seizes currency worth Rs4 crore from hoarders New Delhi: In a drive against cash hoarders, the income tax (I-T) department has seized currency worth Rs4 crore from people in states including Karnataka and Andhra Pradesh which have reported cash shortages. The drive is part of the tax department's efforts to track down currency hoarders ...
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