Shocking photographs have been taken of the horrifying conditions 200,000 Hong Kong residents live in. The pictures show the city's residents who live in low income apartments that have been dubbed "coffin cubicles". Figures from the Society for Community ... ( read original story ...)
Hong Kong court rejects banks’ application to intervene in gay rights case
They planned to speak about how the result of the case could affect Hong Kong’s competitiveness and ability to hire global talent. The institutions include: ABN AMRO Bank, AIG Insurance Hong Kong, Australia and New Zealand Banking Group, the Bank of New ... ( read original story ...)
Hong Kong Market Report
Hong Kong's benchmark Hang Seng Index climbed to another 23-month closing high on Thursday, as China's solid May trade data somewhat offset investor caution ahead of a slew of key global events. China stocks extended gains on Thursday, with the blue-chip ... ( read original story ...)
Shocking pictures of Hong Kong ‘coffin homes’ show chopping boards feet away from toilets in cramped apartments as narrow as a single mattress
They've been condemned by the UN as 'an insult to human dignity', but so-called 'coffin homes' still house around 200,000 people in jam-packed Hong Kong. According to the Census and Statistics Department, those people are being housed in around 88,000 ... ( read original story ...)
Hang Seng Bank CEO Rose Lee will retire in July
Hang Seng Bank vice-chairman and chief executive Rose Lee Wai-mun, 64, will retire from July after serving at the lender for five years, the bank announced on Thursday. She will be replaced by Louisa Cheang, who has served as group general manager and ... ( read original story ...)
Hong Kong puts brakes on Uber in its road map for the future
Uber must change its business model and run like existing taxi companies for a chance to be legalised, Hong Kong’s transport minister said on Wednesday as he effectively blotted out the car-hailing company’s future while unveiling a road map for the ... ( read original story ...)
Hong Kong stocks rise, aided by solid China trade data
SHANGHAI, June 8 Hong Kong's benchmark Hang Seng Index climbed to another 23-month closing high ... any surprises from Thursday's UK general elections, the European Central Bank's policy meeting and congressional testimony from ex-FBI director James ... ( read original story ...)
The big future threat to Hong Kong investment banking jobs
More investment banking jobs could eventually move from Hong Kong to China, if global banks such as J.P. Morgan gain greater control over their mainland joint-venture operations, experts warn. J.P. Morgan is working with Chinese regulators to develop a new ... ( read original story ...)
amaBhungane and Scorpio #GuptaLeaks: Guptas and associates score R5.3bn in locomotives kickbacks
CSR (Hong Kong) was a subsidiary of China South Rail (CSR), the mainland ... In December 2012, Transnet appointed a consortium led by global consultants McKinsey to advise on the 1,064 procurement. As amaBhungane previously reported, advisory firm ... ( read original story ...)
Ant Financial seen becoming world’s top consumer bank
HONG KONG -- In a world that embraces disruptive technology ... sanguine about the prospect of Ant Financial conquering the world. Vinayak HV, who leads McKinsey's digital banking practice in the Asia-Pacific, doubts if the young company, when trying ... ( read original story ...)
Skyline views, river cruise part of Windy City fun
Joanne is an executive assistant at giant consulting firm McKinsey, but also volunteers as a Choose Chicago ... Magnificent Mile rounds out the experience. The mantra of the Hong Kong-based Peninsula chain for its Chicago property is Midwestern hospitality ... ( read original story ...)
Boards Of Directors — Shaping To Today’s World
He was based in Hong Kong for 17 years, where he served as the CEO of Cerberus ... earlier in his career, he was with McKinsey & Company. He speaks Mandarin and teaches corporate governance, private equity, U.S.-China relations, and innovation at the ... ( read original story ...)
Why luxury watchmakers are targeting fashion lovers through e-commerce sites
McKinsey & Company projects that by 2025 ... is not too concerned about how his business would be greatly influenced by this development. “In places like Hong Kong, brick-and-mortar stores are so accessible,” he says. “It’s convenient for customers ... ( read original story ...)
Willis Towers Watson appoints head of investments for APAC
Ogai began his career in asset management, and before joining Willis Towers Watson worked at the management consultancy McKinsey & Company ... Pacific outside of Japan and Australia. Based in Hong Kong, Bok will start in this newly created role on July ... ( read original story ...)