HONG KONG: HSBC on Monday said its Group Chief Executive John Flint had stepped down as the bank braces for geopolitical uncertainties. The announcement came as the banking giant reported pre-tax ... ( read original story ...)
HSBC first-half profit rises 16%, announces $1 billion buyback
HONG KONG/LONDON (Reuters) - HSBC (HSBA.L) reported on Monday its first-half pretax profit rose 15.9% and announced a further buyback of $1 billion, defying some analysts’ expectations it might pause ... ( read original story ...)
HSBC first-half profit rises 16per cent, announces US$1 billion buyback
HSBC reported on Monday its first-half pretax profit rose 15.9per cent and announced a further buyback of US$1 billion, defying some analysts' expectations it might pause its strategy of returning ... ( read original story ...)
HSBC CEO John Flint steps down less than two years after taking top role
HSBC said on Monday that John Flint had abruptly stepped down ... Quinn previously served as regional head of commercial banking for Asia-Pacific out of Hong Kong. “I have agreed with the board that ... ( read original story ...)
For virtual banking to thrive in Hong Kong, regulators must encourage small players and innovation
to eight applicants. While the moves could provide momentum for the city’s financial industry, the HKMA should consider relaxing the capital requirements for virtual bank licensees and setting clear ... ( read original story ...)
Hong Kong protesters hold multiple rallies, paralyzing city neighborhoods ahead of a planned general strike
HONG KONG — Protesters in Hong Kong sent police on a chase through ... a peninsula opposite the city’s central business district. At one point, protesters briefly occupied a cross-harbor tunnel and ... ( read original story ...)
Demonstrators in Hong Kong Dodge Tear Gas in Fast-Moving Mass Protests
By early evening, many protesters had joined an unauthorized march from a western area of Hong Kong’s main island toward Sheung Wan, a dense neighborhood in the heart of the city’s central business ... ( read original story ...)
Hong Kong prepares for general strike as unrest spreads
Hong Kong is preparing for its first general strike in over 50 years on Monday as political unrest spreads following another weekend of sometimes violent protests. The planned strike, which organisers ... ( read original story ...)
How is Hong Kong’s property market affected by the protest crisis and how much can youth anger be linked to home ownership?
Hong Kong’s economy is stagnating, if it has not entered recession yet. Official figures show the city was already in negative growth for the second quarter over the previous three-month period, with ... ( read original story ...)
Hong Kong police fire tear gas protesters as unrest grows
Hong Kong on Saturday entered the second of four ... with unrest is growing in the Asian financial hub. Last week saw violent clashes downtown between riot police and demonstrators marching ... ( read original story ...)
Hong Kong protesters hurl objects at police station
HONG KONG -- Another police station in Hong Kong became the target of protesters' ire on Sunday as rallies in two different parts of the city converged into one, with participants gearing up for ... ( read original story ...)
As protests rock Hong Kong, money may flee to safer and cheaper property markets
As Hong Kong’s political crisis enters a dangerous new phase, with the protests erupting into violence , the city’s reputation among investors is taking a severe knock. The territory’s rule of law and ... ( read original story ...)
Hong Kong protests turn violent after Chinese flag tossed into iconic harbour
A 42-year-old Swedish man named Peter who was in Hong Kong on business said he could not reach his hotel just a few blocks away. "But it's a small price to pay," said Peter, who added that he supports ... ( read original story ...)
Hong Kong protesters throw Chinese flag into iconic harbour
Hong Kong protesters removed a Chinese national flag from its pole and flung it into the city's iconic Victoria Harbour on Saturday after a pro-democracy rally once again continued into the evening ... ( read original story ...)