LIVE BLOG: Fed Fines HSBC $175 Million in Forex Fallout

Hong Kong's Hang Seng and the Shanghai Composite both closed trading ... The Federal Reserve handed down a $175 million fine to HSBC Holdings PLC (HSBC) for "unsafe and unsound practices" in its foreign exchange trading business. HSBC was fined for failing ... ( read original story ...)

In Hong Kong, political banners reveal gulf with mainland

HONG KONG – The banners and posters were quietly hung in universities across Hong Kong, often appearing overnight, with bold white lettering calling out for change and testing the limits of the freedoms that Beijing will allow this freewheeling city. ( read original story ...)

Is an analyst worth US$75,000 or US$1m? How China decides

That compares with a 12 per cent drop in research jobs at global investment banks tracked by McKinsey & Co from 2011 through June ... change in careers and compensation,” said May Zhao, a Hong Kong-based analyst at Zhongtai Financial International ... ( read original story ...)