Chinese developers Kaisa Group Holdings Ltd. and Times China Holdings Ltd. will square off with creditors Monday, seeking to avoid liquidation before a Hong Kong court where decisions against the ...
Hong Kong stocks dip as casino, property sectors weigh; Asian markets advance
Signs of easing from China’s central bank failed to overturn the mood. The People’s Bank of China pledged to “create a favourable monetary and financial environment for achieving the full-year ...
China’s treasury market rattled as central bank squares off with bulls
Chinese government bonds fell sharply on Monday following a turbulent week in which the central bank started intervening heavily to stem a plunge in long-dated yields even as the economy is struggling ...
Hong Kong police seize HK$475 million worth of cocaine after raiding 2 flats
Police in Hong Kong have busted a drug ring, seizing HK$475 million (US$61 million) worth of cocaine in two private flats, while warning landlords to be vigilant of those rushing to rent due to the risk of such tenants using the property for drug storage ...
Cathay Pacific should not be scapegoat for Hong Kong’s aviation woes
A look at the numbers suggests Hong Kong’s flag carrier is not to blame for the airport’s slow return to pre-pandemic levels.
Hong Kong court dismisses appeal of Jimmy Lai, six other pro-democracy activists
Hong Kong's top court on Monday unanimously dismissed the final appeal of Jimmy Lai and six pro-democracy activists.
Banks want to tap into Asian wealth — StanChart is doing it
Operating income from wealth solutions rose a quarter in the first half, a record performance as net new sales more than doubled to $13bn. This is an impressive feat: it has been up against strong ...
Chip Industry Week In Review
Fraunhofer's commercial chiplet push; UCIe 2.0; SK hynix HBM funding for Indiana; IC sales up 18% QoQ; high-NA EUV ready; Infineon's new SiC fab; Arm and Cadence partner with Malaysia.
Tech stocks await AI’s real reckoning
NEW YORK, Aug 7 (Reuters Breakingviews) - The artificial intelligence boom was big on the way up, and it has already been big on the way down. A selloff in technology stocks wiped around $3 trillion ...
‘Nerds gone wild’: Inside PwC’s last party before it all blew up
It is the days-long party now described as the last hurrah before the storm of the tax leaks matter. Within six months, the tax leaks scandal would change the firm forever.
Hong Kong top court upholds Jimmy Lai’s conviction in 2019 protests case
Hong Kong's top court has upheld the conviction of media tycoon Jimmy Lai and six fellow accused for their role in the 2019 anti-government protests. Lai, the 76-year-old British citizen and founder of the now-shuttered Apple Daily newspaper, is facing the ...
HSBC’s Wealth Push Is a Good Story Only Half Told
Georges Elhedery, the incoming CEO, needs to prove that managing money can replace income from units squeezed by interest-rate declines.
Hong Kong Top Court Upholds Jimmy Lai’s Protest Conviction
Hong Kong’s highest court upheld former media mogul Jimmy Lai’s conviction for joining a banned pro-democracy protest, a move that comes as the city’s judiciary faces increased scrutiny due to a ...
Payment Asia Becomes Exclusive Payment Gateway Partner of Hong Kong FinTech Week 2024
In an exciting advancement for the fintech community, Payment Asia has become the Exclusive Payment Gateway Partner for Hong Kong FinTech Week 2024, marking its second consecutive year in this role.