Banks in Hong Kong, and indeed the world, are still waiting for new global rules to be finalised, and as a result, hoarding cash rather than returning it to investors, or making use of it in more profitable ways. Last week, Standard Chartered’s board ... ( read original story ...)
Good news in jobs market sends Wall Street stocks higher
The Hang Seng in Hong Kong edged up 0.1%. The UK needs to be better prepared for a "no deal" Brexit to show Brussels there is a "credible" alternative should the negotiations fail, a former Bank of England governor has said. Blue-chip stocks pushed the ... ( read original story ...)
Hong Kong exchange operator HKEX expects 11pc rise in interim profit on higher market turnover
Hong Kong Exchanges and Clearing ... a wealth management strategist at Sun Hung Kai Financial. “The volume of derivative products trading also reach a record high level in the first half of this year which also brought in higher fee income,” Wen ... ( read original story ...)
Profit from these five investment trends over the next decade
What is it – Premium China Fund invests mostly in companies listed in Hong Kong, mainland China and Taiwan ... water rights, agribusiness finance and real property. Returns – From inception in June 2014 to June 30, 2017, 9.33 per cent. ( read original story ...)
Duterte’s ‘Build, Build, Build’ plans hit Philippine peso
Policymakers are often reminded of the Asian financial crisis 20 years ago whenever external ... Nichola Saminather and Vidya Ranganathan in SINGAPORE and Marius Zaharia in HONG KONG; Editing by Marius Zaharia and Raju Gopalakrishnan) ( read original story ...)
China Yuchai International Limi (NYSE:CYD) Trading Volume Significantly Higher
which include property-backed financial instruments and in direct property. TCL is involved in the distribution of lifestyle products, including beauty and health, and enviro-care products in China (including Hong Kong), Southeast Asia and India.. ( read original story ...)
Almost 10 Years And Still Nits To Pick
As Izabella concluded, "To us that suggests the financial plumbing of the system will become a ... timed to whatever seasonal factor (such as CNH in offshore China, meaning Hong Kong, that only for each of the past two years ahead of both semi-annual ... ( read original story ...)
Where Power Players Escape From It All
For finance titans in London in search of the perfect second ... “By July and August, people are pretty much gone.” While some of Hong Kong’s wealthiest financiers are buying second homes across the border in mainland China, many of them are staying ... ( read original story ...)
Shoppers at Hong Kong mall injured by dripping corrosive fluid
HONG KONG - Eight people were injured on Sunday (Aug 6 ... The injured were taken to Yan Chai Hospital for treatment. In i-Cable news footage, a man showed a hole in his shirt apparently caused by the liquid. "I didn't know what happened. ( read original story ...)
Hong Kong beaches closed after palm oil spill
Nearly a dozen beaches across Hong Kong were closed to the public on Sunday morning after congealed palm oil washed up on them, having spilled into the sea when two boats crashed in mainland waters. Local residents noticed clumps of oil on the sand ... ( read original story ...)
An Airbnb for cows? Hong Kong bitcoin expert creates cryptocurrency to secure higher returns for Indonesian farmers
Hong Kong bitcoin entrepreneur James Bang was on a trip with ... The result was the establishment of a start-up – named CashCow Coin – and the launch of a new form of fundraising called an initial coin offering (ICO), which allows backers to purchase ... ( read original story ...)
Hong Kong ‘smart’ ring aims to help the visually impaired
The ring, designed by Hong Kong-based start-up Origami Labs, was inspired by Peter Wong, the visually impaired father of the firm’s co-founder Kevin Wong. “As a visual-impaired person, I rely on the software on the smartphone to read the icons ... ( read original story ...)
Rover Parking tops Infiniti LAB Toronto Demo Day
From left: Grant Brigden and Tim Wootton of Rover Parking were the winners of the recent Infiniti LAB startup competition in Toronto ... and the impact we believe they can have as part of the Hong Kong program,” said Dane Fisher, General Manager of ... ( read original story ...)
Bitcoin cash and the ‘civil war’ that is disrupting digital currency
a Hong Kong-based bitcoin exchange. “But there is another camp, which is saying this is very early-stage technology. Let’s maintain the security of the bitcoin network first,” he said. One of the biggest supporters of bitcoin cash is ViaBTC ... ( read original story ...)