Their focus on cross-border trade settlements could open up the possibility of central bank digital currencies being used.
UAE Central Bank, Hong Kong Monetary Authority boost financial cooperation
The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) held a bilateral meeting in Abu Dhabi to enhance collaboration ...
Sequoia China-Backed AI Startup Xtalpi To Partner With Pharma Giant Eli Lilly In $250 Million Novel Drug Deal
S henzhen-based Xtalpi, an AI-powered drug discoverer, announced Tuesday it has partnered with U.S. pharmaceutical giant Eli Lilly in a deal worth up to $250 million to unearth potential medicines for ...
Crypto here to stay, must be regulated: Hong Kong treasury chief
Hong Kong has decided to let retail investors trade cryptocurrency under its new regulatory regime because "virtual assets are going to stay", the city's minister overseeing financial services said ...
Canada’s top spy agency warns Hong Kong-born lawmaker she is on China’s ‘evergreen’ target list
Hong Kong-born Canadian Parliament member Jenny Kwan said that the Canadian Security Intelligence Service said she is on China's "evergreen" target list.
High-powered think tank to boost Hong Kong’s socio-economic standing unveiled with aim to tap into national development
More than 50 academics and business leaders with extensive experience of China lined up for new think tank under Chief Executive's Policy Group Heavyweights recruited include academic Zheng Yongnian, ...
Hong Kong stocks slide amid cautious sentiment amid US debt-ceiling deal as Chinese shares enter bear market
Hong Kong stocks wavered as sentiment remained cautious while traders watch the fate of the US debt-ceiling deal in Congress this week.
Rights group says Uyghur student reported to be missing in Hong Kong did not travel to city
SEOUL, South Korea (AP) — Amnesty International said Tuesday that a Uyghur student who it had said was missing in Hong Kong after being interrogated did not travel to the city, easing concerns over ...
Hong Kong, United Arab Emirates central banks move to strengthen ties
The central banks of Hong Kong and United Arab Emirates (UAE) said on Tuesday they plan to boost cooperation in multiple areas as the two markets seek to strengthen financial ties.
Asia markets trade mixed ahead of U.S. vote on debt ceiling deal; Hong Kong set for new lows
In Japan, the Nikkei 225 looks to breach new highs this year, with the futures contract in Chicago at 31,310, and its counterpart in Osaka at 31,280 against its last close at 31,233.54. Japan will ...
China stocks in Hong Kong enter bear market territory
Chinese stocks in Hong Kong fell into bear market territory amid mounting doubts about the outlook for the world’s second-largest economy and rising tensions between Washington and Beijing ...
How can Hongkongers benefit from e-HKD? Consumers can draw comfort from its security, higher returns and even offline payments
Sixteen banks and payment companies have rolled out a dozen pilots of the e-HKD among small groups of customers using, as part of HKMA’s plan to introduce a central bank digital currency to the public ...
Deal of the Month: Hong Kong SAR Government’s multi-tranche, multi-currency green bonds
In January, the government of Hong Kong announced Apac’s largest US dollar green bond issuance to date. It has since made headlines with other innovative green bond deals.
Chinese stocks in Hong Kong briefly slip into bear market as nation’s recovery outlook worsens
The Hang Seng China Enterprises Index (HSCEI), which tracks Chinese companies trading in Hong Kong, briefly slipped into a bear market, as sell-offs in China assets intensified amid mounting worries ...