The hiring makes Kevin Sneader Goldman’s most prominent outside hire for Asia ever, arriving as it moves beyond the Malaysia’s 1MDB investment fund scandal. ( read original story ...)
Goldman recruits ousted McKinsey boss Kevin Sneader to top Asia role
Goldman Sachs has hired ex-McKinsey executive Kevin Sneader to serve as the bank’s co-president in Asia-Pacific, months after he was ousted from the global consulting firm. “As the region continues to ... ( read original story ...)
MOVES-Goldman Sachs hires McKinsey partner as co-head of Asia region
Goldman Sachs Group Inc hired a partner from McKinsey & Company to co-lead its operations in the Asia Pacific region outside of Japan, according to a memo sent to staff on Wednesday that was seen by ... ( read original story ...)
TikTok parent ByteDance is reportedly in talks for $4 billion worth of loans as IPO faces regulatory headwinds
The bank loans come as a regulatory crackdown on China's technology sector casts a shadow over ByteDance's hotly anticipated IPO. ( read original story ...)
USD/CAD reaches two-week high at 1.2762, on dovish BoC
USD/CAD is rallying during the American session. The pair is trading at 1.2735, up some 0.72% on the day at the time of writing. The main driver of the price action is the Bank of Canada’s monetary ... ( read original story ...)
Hong Kong, mainland Chinese police arrest 22 in cross-border crackdown on money-laundering syndicate
Police in Hong Kong and mainland China have arrested 22 people in a joint operation against a cross-border syndicate suspected of using 85 local bank accounts to launder HK$740 million (US$95.2 ... ( read original story ...)
Hong Kong steps in to protect buyers of Grand Homm flats, letting customers rip up contracts with refunds and interest
The move opens the way for buyers of Grand Homm’s luxury apartments to back out of property magnate Pan Sutong’s private project and underscores how cost overruns are putting the squeeze on the ... ( read original story ...)
Hong Kong lawmakers take financial services chief to task over fund that supported anti-government protesters
Hong Kong's financial services chief has dismissed lawmakers' suggestions he did not act quickly enough against a fund set up to help anti-government protesters. Secretary for Financial Services and ... ( read original story ...)
Hong Kong arrests 4 pro-democracy leaders behind Tiananmen vigil
It's the latest major blow for the beleaguered pro-democracy movement in the Chinese city which, until recently, enjoyed a large degree of autonomy from Beijing. ( read original story ...)
Coronavirus: Hong Kong leader lobbies Beijing for border reopening, asks for meeting of local, mainland medical experts
Carrie Lam touts city’s zero-case streak, tough border measures in meeting with lawmakers, but concedes she does not know what is needed for cross-border travel. ( read original story ...)
No place like home: Hong Kong lucky draw winner claims HK$10.8 million flat offered to boost coronavirus vaccination rates
Put up by real estate giants Sino Group and Chinese Estate Holdings, the 449 sq ft Kwun Tong flat was the centrepiece of an unprecedented multimillion-dollar giveaway. ( read original story ...)
Hong Kong pro-democracy movement dealt another blow as organizers of Tiananmen Square vigil arrested
It's the latest major blow for the beleaguered pro-democracy movement in the Chinese city which, until recently, enjoyed a large degree of autonomy from Beijing. ( read original story ...)
Hong Kong shares edge lower as financials fall
Hong Kong shares edged lower on Wednesday, dragged down by financials, while tech giants rose after state media said regulations related to the country's industries were to promote their development. ( read original story ...)
Next Food Frontier: Fish Made From Plants, or in a Lab
Sophisticated, plant-based alternatives that mimic seafood are cropping up at restaurants and grocery stores around the world. And “cultivated” seafood, grown in labs from real cells, is on the ... ( read original story ...)