Hong Kong's divisive Beijing-backed leader, Chief Executive Leung Chun-ying, said Friday he won't run again for the job after his current term ends next year, citing unspecified family reasons. In a surprise announcement, Leung, who was chosen by a panel ... ( read original story ...)
Hong Kong leader CY Leung not to seek re-election
Hong Kong chief executive CY Leung has said he will not seek re-election in March, citing family reasons for the surprise announcement. Speaking at a news conference, Mr Leung said: "If I run my family will suffer an intolerable stress." Mr Leung has often ... ( read original story ...)
Hong Kong's growing garbage epidemic
Plastic and junk are piling up on Hong Kong's beaches as the city earns the unwelcome label of being one of the biggest litter creators in the world. As Tara Joseph reports, the government has been slow to respond. Reuters is the news and media division of ... ( read original story ...)
Fishy business? Hong Kong supermarkets found to be selling mislabelled frozen seafood
Major supermarkets in Hong Kong were found selling mislabelled seafood products and in one case possibly overcharging customers as the wrong species of fish was identified, according to a global conservation body. The WWF published results of a local ... ( read original story ...)
Eclusive: Edmond de Rothschild to close Hong Kong operations – sources
HONG KONG (Reuters) - Swiss private bank Edmond de Rothschild is ... In particular, western banks, battered after the global financial crisis, have faced growing competition from emerging Asian institutions, which have grown their balance sheets and ... ( read original story ...)
Private bank Edmond De Rothschild to close Hong Kong operations
HONG KONG (Reuters) - Swiss private bank Edmond de Rothschild (RLD.S) is closing its Hong Kong operations, the bank said in a statement on Thursday, confirming a Reuters report. The Geneva-based bank and money manager, which had assets of 167 billion Swiss ... ( read original story ...)
London ETO promotes Hong Kong financial services in London
Hong Kong (HKSAR) - The Hong Kong Economic and Trade Office, London (London ETO), promoted Hong Kong's financial services in the United Kingdom (UK) by hosting a reception for the London-Hong Kong Financial Services Forum 2016 on December 6 (London time). ( read original story ...)
With Fintech Rising, Hong Kong-Singapore Rivalry Gets New Twist
(Bloomberg) -- Tax benefits, government help and easy access to regional markets led Joe Seunghyun Cho to choose Singapore as the headquarters for his six financial technology companies, rather than base them in the rival hub of Hong Kong or his native ... ( read original story ...)
HK regulator probes brokers over breach of money-laundering controls
HONG KONG Dec 8 Hong Kong's securities regulator is investigating brokers in the Asian financial hub for suspected breaches of measures to rein in money-laundering, and may levy "tough" sanctions if any are confirmed, it said on Thursday. The Securities ... ( read original story ...)
Hong Kong leadership race unlikely to be ‘gentlemen’s fight’, Rita Fan says amid rift at top of government
The apparent dispute between Chief Executive Leung Chun-ying and finance chief John Tsang Chun-wah over how to handle lawmakers facing disqualification proceedings has affected the government’s image, a pro-establishment heavyweight said on Wednesday. ( read original story ...)
FCA and Hong Kong Monetary Authority sign cooperation agreement
The UK’s Financial Conduct Authority (FCA) and the Hong Kong Monetary Authority (HKMA) have entered into a Co-operation Agreement (Agreement) to foster collaboration between the two regulatory authorities in promoting financial innovation. According to ... ( read original story ...)
The best banking jobs for 30-somethings in Hong Kong
But in reality your scope for making a mid-career move in the current market depends a lot on which part of Hong Kong financial services you’re working in. To help you decide whether your job search will be worth the effort, we compared the amount of ... ( read original story ...)
Exclusive: Edmond de Rothschild to close Hong Kong operations – sources
HONG KONG (Reuters) - Swiss private bank Edmond de Rothschild is closing its Hong Kong operations, according to three people familiar with the matter, more than two decades after it opened shop in the former British territory and as costs in the wealth ... ( read original story ...)
Cocktail party Brits who faced down evil: Their decadent expat lives in Hong Kong ended overnight with Japan's unspeakably savage invasion. Now, 75 years on, the survivors …
Up in the hills towering behind Hong Kong’s skyscrapers, the past occasionally creeps into the present. Rusting Japanese Imperial Army helmets, empty British shell cartridges and belt buckles found nestling in the red clay soil are a poignant reminder of ... ( read original story ...)