Ripple Labs has launched a new payment platform for a central bank digital currency (CBDC) in Hong Kong. The San Francisco-based payment protocol and exchange network will partner with Fubon Bank, a ...
R|T: The Retail Times – Alibaba logistics arm eyes up to $2 billion Hong Kong IPO
Alibaba's logistics arm aims to raise up to $2 billion via a listing in Hong Kong likely early next year, sources with knowledge of the matter said, bolstering hopes for a capital markets revival in ...
Hong Kong launches digital currency pilot: 16 firms join the program
Hong Kong, a global financial hub, has taken a major step towards embracing digital currencies as it launches a digital currency pilot.
Exclusive: US consultancy Mintz’s executives leave Hong Kong after China raid
One of the sources who has dealt with Mintz in a business capacity said several of the Hong Kong-based Mintz employees are now in Singapore, and there is no plan for them to return to Hong Kong until ...
Exclusive-US consultancy Mintz’s executives leave Hong Kong after China raid-sources
Some Hong Kong-based staff with U.S. consultancy Mintz Group have left the city after the firm's Beijing office was raided by Chinese police in March, according to two sources with direct knowledge of the matter.
FTSE 100 Live: Pound hits four-week low, Hong Kong stocks slide
Simon Hunt. Stocks fell in Hong Kong this morning after Alibaba’s fourth-quarter sales miss added to fears of a slowdown in ...
Asia expected to face headwinds despite lead in global IPO market
IPO sentiment in the APAC region will continue to be affected by high interest rates, the banking crisis and geopolitical tensions ...
Hang Seng Bank, Visa to test CBDC use cases in Hong Kong
The three will collaborate to explore the feasibility of tokenised deposits. Visa, alongside HSBC and Hang Seng Bank, has been selected as participants for the research and testing of central bank ...
Ripple, Visa join HK CBDC pilot, Huobi accusations, GameFi token up 300%: Asia Express
Mastercard and Visa join Hong Kong's CBDC pilot, new instalment in Justin Sun's Huobi soap opera, and a GameFi token pumps on no news.
Hong Kong earmarks additional HK$5 billion for ‘safeguarding national security’
The Hong Kong government allocated an extra HK$5 billion to its national security “special fund” in the last financial year, an official document published on Friday has revealed. Citing the national ...
Hong Kong court dismisses pro-democracy publisher Jimmy Lai’s legal bid to fight for UK lawyer
A Hong Kong court has dismissed a jailed pro-democracy publisher’s legal bid in his fight to use a British lawyer in his landmark national security trial ...
Hong Kong court rejects challenge by jailed media tycoon Lai over British lawyer
A Hong Kong court on Friday dismissed an attempt by jailed media tycoon Jimmy Lai to challenge a decision by security officials to effectively bar his British lawyer from representing him in a ...
Cathay Pacific’s free tickets to Hong Kong all claimed in 2.5 hours
At a splashy event in February 2023, city officials announced that some 500,000 free airline tickets would be distributed both to local residents eager for a vacation and international travelers keen ...
Should pay rise for Hong Kong civil servants be lower? Business leaders call for less pressure on private sector amid post-Covid recovery
Business leaders have urged the Hong Kong government to lower the proposed salary increases for civil servants to below 4 per cent to ease pressure on the private sector amid the early stages of ...