Hong Kong’s benchmark Hang Seng Index slumped 2.7 per cent; the Shanghai Composite Index lost about 0.5 per cent.
BoC confiscates ‘smuggled’ sugar
SUBIC BAY FREEPORT: The Bureau of Customs (BoC) Port of Subic on Wednesday, March 15, seized P86-million smuggled sugar from Hong Kong. The apprehension was made by the BoC Intelligence Group headed ...
BOC and DA joint operations yield smuggled sugar, fishery products
A joint operation between the Bureau of Customs (BOC) and Department of Agriculture (DA) has resulted in the seizure of P86 million worth of smuggled sugar from Hong Kong. In a separate joint ...
Bank Contagion Keeps Buyers Sidelined, Pinduoduo’s “Investment” Leaves Investors Wanting
Asian equities were all lower as financial contagion fears kept buyers on the sidelines despite the weekend announcement around Credit Suisse and UBS.
HSBC Slumps in Hong Kong as AT1 Debt Selloff Weighs on Banks
Shares of European banks traded in Asia tumbled Monday, as investors weighed a collapse in the value of additional tier 1 bonds issued by lenders following the terms of the Credit Suisse Group AG’s ...
Hong Kong Monetary Authority says Credit Suisse business in city open as usual
Hong Kong's Monetary Authority and the city's Securities and Futures Commission (SFC) said on Monday that Credit Suisse's operations in the financial hub would be open for business as normal with ...
House with Abby Choi’s remains now on list of Hong Kong’s ‘haunted’ homes where history of murder, grisly crime and death keep prices down
Properties with links to murder, suicide and tragedy can also impact prices of neighbouring flats, as grisly reputations hard to forget in Hong Kong ...
Hong Kong: Stocks hit 3-month low on bank contagion fears; China ends down
HONG Kong shares dropped to a three-month low on Monday (Mar 20), led by banking stocks, as a government-orchestrated acquisition of Credit Suisse by UBS failed to ease market concerns of risk ...
Deel Speed: The inside story of a $12 billion HR startup’s breakneck growth
Deel is the fastest growing SaaS startup ever — but that might also be its 'Achilles Heel.' ...
Hong Kong reopens: New and shiny, nostalgic and timeless, the city is back
Here are seven immersive experiences for travellers who can explore Hong Kong afresh. Read more at straitstimes.com.
Credit Suisse opens as usual in Hong Kong after US$3.25 billion takeover by UBS, in a sign that Europe’s banking rout is under control
Credit Suisse opened for business as usual in Hong Kong on Monday, after being taken over by its Swiss rival UBS in a US$3.25 billion weekend buyout brokered by the Swiss central bank to prevent a ...
HSBC to pilot weekend opening at three branches
HSBC said on Monday that it would start opening three of its branches at weekends to cope with a surge in customers from outside Hong Kong since ...
Hong Kong Stocks End With Big Losses
Hong Kong stocks closed sharply lower on Monday as banks were hammered by worries over the sector, even as UBS took over troubled Credit Suisse and central banks pledged to provide liquidity to the ...
Hong Kong Banking Shares Dip Amidst UBS’s Takeover Of Credit Suisse
Banking shares in Hong Kong tumbled in early trade on Monday, even as the city's monetary authority said the sector had "insignificant" exposure to troubled Swiss banking giant Credit Suisse.