DBS Group Holdings’ head of institutional banking group Hong Kong, Wallace Lam, will be leaving South-east Asia’s biggest lender, according to a spokesperson. Read more at The Business Times.
US chain Garrett Popcorn announces departure from Hong Kong in 13 years amid wave of business closures
American chain Garrett Popcorn has announced plans to close all five branches in Hong Kong, 13 years after it opened its first store in the city. “Garrett Popcorn Shops will be cooking our last ...
HSBC appoints William Chan as investment head for global insurance
He leads a team of investment specialists in Hong Kong. HSBC has appointed William Chan as global chief investment officer and head of investments for global insurance, effective immediately. Chan is ...
Should Hong Kong banks pay you back if you are the victim of a financial scam?
About HK$4.5 billion in losses have been incurred from scam and fraud cases in the city in the first six months of 2024.
Hong Kong Dollar Funding Costs Slip as Local Stock Frenzy Fades
A gauge of interbank borrowing costs in Hong Kong dropped for the first time in 13 sessions as local stocks retreated following a rally fueled by China’s stimulus blitz.
Hong Kong’s economy needs firing up. Can John Lee deliver with his policy address?
City leader should prioritise tapping into emerging markets, diversifying the economy and amplifying Hong Kong's attractiveness, observers say From serving set meals of HK$500 (US$64) per person to offering HK$58 beef rice,
Why Singapore and Hong Kong want money to serve a purpose
From rewarding environment-friendly spending and channeling government grants to deserving beneficiaries, they may be setting a global trend.
Hong Kong housing market needs more rate cuts, wealth from stock gains to end slump
Lower financing costs and greater wealth effect from stock gains are needed to overcome another year of declines in home prices, analysts say.
Spirit of Hong Kong Awards: start-up CEO creates AI-powered, stair-climbing wheelchair
A Hong Kong-based tech start-up has developed a wheelchair powered by artificial intelligence (AI) with the ability to climb stairs after designers gained inspiration from one of their team’s home ...
Transformation of historical waterfront site on Hong Kong Island marks beginning of new legacy
One Causeway Bay, overlooking Victoria Harbour, promises cutting-edge design and premium office space in heart of city.
Stock market today: Wall Street rebounds after Hong Kong stocks fall to worst day since 2008
U.S. stocks rebounded Tuesday after falling oil prices released some of the pressure that built up on the market. The S&P 500 rallied 1% to claw back all of its loss from the day before. The Dow Jones ...
‘Piecemeal’ changes to Hong Kong inheritance laws ‘undesirable’, top court told
Legal counsel for the government has warned against introducing “piecemeal” amendments to Hong Kong’s intestacy laws before authorities conclude a review on the recognition of same-sex partnerships pursuant to a court order.
Wall Street soars as Hong Kong sees biggest single-day drop since 2008
The group of tech stocks known as the “Magnificent Seven” all rose on Tuesday, with the largest gain in tech stocks going to Nvidia, up 4.1%.
Hong Kong SFC to license nearly a dozen crypto platforms by year-end
Nearly a dozen crypto platforms are under review in Hong Kong, as the Hong Kong Securities and Futures Commission (SFC) seeks to authorize more platforms by end of this year. The regulator is reportedly planning to grant licenses in batches to Virtual Asset Trading Platforms (VATPs) to enhance compliance.