Cairo launched two startup projects last year. Ernst & Young last year reported that the 40 largest Islamic banks had approved budgets ranging from $15 million to $50 million to expand digital business in the next three years. What is Hong Kong doing with ... ( read original story ...)
No One Makes Money by Betting Against Hong Kong
I asked several industrialists and economists, where does a startup in Shenzhen want to do its initial public offering? Their unanimous answer was, “Hong Kong, if they can meet the requirements.” Hong Kong’s “requirements,” the integrity of ... ( read original story ...)
ASIC signs agreement with UAE regulator to support fintech expansion opportunities
Under the agreement, both the FSRA and ASIC will look to connect startups in the fintech space together for ... The last agreement was formed last month with Hong Kong’s Securities and Futures Commission to help fintech companies in each expand more ... ( read original story ...)
Rune Evensen interviewed about Singapore start-up
The Norwegian Rune Evensen, the founder of an extraordinary startup in Singapore within the emerging Fintech ... since then it has been a year in Hong Kong and now 7+ years in Singapore. I established my consultancy company there back in 2013, and that ... ( read original story ...)
Tink Labs Limited : Handy launches in Ghana to revolutionize travel and hospitality sector
Tink Labs Limited, one of Hong Kong’s most successful startups that revolutionizes travel and tourism, today has announced it is partnering with Ghanaian hotels to offer its mobile travel solution called, handy, to visitors. The device, first launched in ... ( read original story ...)
Upcycling, borrowing and fair trade: 3 fashion startups focus on recycling
Here are three Canadian startups that are taking aim at textile waste ... With sales in Los Angeles, Australia, Hong Kong and Canada, the duo are optimistic. "We know that this isn't going to get rid of Zara," she says. "Fast fashion is still going ... ( read original story ...)
HSBC announces profit increase, share buyback in signs of turnaround
HONG KONG/LONDON (Reuters) - HSBC Holdings PLC on Monday said profit grew 5 percent in the six months through June and announced its third share buyback in a year, indicating continued progress in the six-year turnaround plan of Europe's biggest bank. ( read original story ...)
HSBC reports higher profit, plans $2B more in share buybacks
HONG KONG — HSBC said Monday it plans to buy back another $2 billion in shares after reporting a strong set of quarterly profits thanks to higher interest rates that helped fatten margins for its lending business. The London-based global bank ... ( read original story ...)
HSBC says first half profit rose 5 percent, announces up to $2 billion share buyback
HONG KONG/LONDON (Reuters) - HSBC Holdings PLC on Monday said profit rose 5 percent in the first half of the year, beating analyst estimates, and announced its third share buyback in the past year on the back of a growing capital base. Pretax profit ... ( read original story ...)
HK’s Leanest Startup Grana: Disrupt The Fashion Industry By Focusing On Product
In just a short two and a half years the company has not only raised well over US$10 million from the likes of Alibaba’s Entrepreneurs Fund, 500 Startups and MindWorks Ventures, they are well their way to becoming Hong Kong’s hottest e-commerce fashion ... ( read original story ...)
Hong Kong home prices climb to new peaks, but growth pace slows
HONG KONG (Reuters) - Hong Kong's red-hot home prices extended their record-breaking run in June, although the pace of growth slowed, underscoring the challenges the city's new leader faces in reining in prices in one of the world's most expensive property ... ( read original story ...)
Gap, Inc. (The) (NYSE:GPS) Stock Traded Much Higher Than Its 50 Day Average
Hong Kong, Taiwan, and Mexico. It operates Gap, Banana Republic and Old Navy stores throughout Asia, Australia, Europe, Latin America, the Middle East and Africa.. BB&T BankStandard 30 year fixed rate mortgages at BB&T Corp. (NYSE:BBT) have been listed at ... ( read original story ...)
Genesco Inc. (NYSE:GCO) Experiences Lighter than Usual Trading Volume
It sources footwear and accessory products from foreign manufacturers located in Bangladesh, Brazil, Cambodia, Canada, China, Dominican Republic, El Salvador, France, Germany, Hong Kong, India ... 30 year fixed rate mortgages at BB&T Corp. (NYSE:BBT ... ( read original story ...)
Markets Live: Big miners rally on
It also shows that low mortgage rates alone are not the driver of the much ... Ding Shuang, chief China economist at Standard Chartered in Hong Kong, said: The economy in the second half will likely slow down gradually. With the deleveraging in process ... ( read original story ...)