Bank of the Ozarks added $1.09 ... Earlier in Asia, Japan's Nikkei 225 index fell 0.5 per cent , while South Korea's Kospi sank 1.1 per cent . Hong Kong's Hang Seng index lost 0.7 per cent . Energy futures rose. Benchmark U.S. crude gained 72 cents ... ( read original story ...)
Global shares lower as investors await Fed chair's speech
U.S. jobless claims fell to the lowest level in decades last week, strengthening the belief that the central bank is moving closer to achieving ... Korea's Kospi sank 1.1 percent to 2,078.75. Hong Kong's Hang Seng index lost 0.7 percent to 23,552.72 ... ( read original story ...)
Chinese Group to Pay Record $2.2 Billion for Hong Kong Land
... increase in the Hang Seng Index. To contact the reporter on this story: Frederik Balfour in Hong Kong at fbalfour@bloomberg.net. To contact the editors responsible for this story: Sree Vidya Bhaktavatsalam at sbhaktavatsa@bloomberg.net, Darren Boey ( read original story ...)
US stocks dip as banks and energy companies fall
Wells Fargo slipped $1.10, or 1.9 per cent, to $57.39 and Bank of America fell 49 cents ... 225 lost 0.5 per cent and South Korea's Kospi fell 0.6 per cent. The Hang Seng of Hong Kong fell 0.5 per cent. ( read original story ...)
Asia stocks advance ahead of Trump speech, China congress
Hong Kong's Hang Seng slipped 0.1 percent to 23,899.76 while the Shanghai Composite index in mainland China climbed 0.2 percent to 3,235.23. Australia's S&P/ASX 200 shed 0.2 percent to 5,712.20. BIG SPEECH: Investors are hoping Trump's first speech to a ... ( read original story ...)
World stocks edge higher before Trump speech, China congress
Hong Kong's Hang Seng lost 0.8 percent to 23,740.73 while the Shanghai Composite index in mainland China climbed 0.4 percent to 3,241.73. Australia's S&P/ASX 200 shed 0.2 percent to 5,712.20. CURRENCIES: The dollar slipped to 112.31 yen from Monday's 112 ... ( read original story ...)
BOC Hong Kong : Chinese bank restructures Cambodian operations
Bank of China (BOC), one of the five biggest state-owned commercial banks in China, announced yesterday that it will restructure its Cambodia operations away from the parent company by selling the assets to BOC Hong Kong for $171 million in two separate ... ( read original story ...)
Boozing and hiking: what Hong Kong bankers really do to relax
http://news.efinancialcareers.com/hk-en/240774/banking-salaries-hong-kong-vs-singapore/ Matthew, 29, is a Hong Kong-based banker from Australia. He works in a VP role at a large investment bank and admits that Hong Kong has its hedonistic side. ( read original story ...)
Hong Kong Hang Seng Slips 0.20% On Fed Outlook, Liquidity Concerns
The Hong Kong Hang Seng Index Thursday opened higher on overnight Wall Street cues, but traded down through morning and afternoon sessions, finishing off 0.20% as traders eyed a tighter policy outlook by the U.S. Federal Reserve and a same-day decline in ... ( read original story ...)
Hong Kong stocks close lower on US rate rise concerns
Hong Kong stocks erased morning gains to close lower on Thursday after a rally in early trading shifted to a cautious investment tone with the increased potential for a US interest rate increase this month. The Hang Seng Index fell 0.2 per cent or 48.4 ... ( read original story ...)
Hong Kong retail keeps posting consistent — bad — numbers
Now, the Hong Kong dollar (pegged to the U.S. dollar) has strengthened against the Chinese yuan (Exchange: CNY=), and is hurting business as well. Dickie Wong, executive director of research at Kingston Financial Group, told CNBC that mainland Chinese ... ( read original story ...)
Fitch Rates China Everbright Bank Hong Kong Branch's USD Notes 'BBB(EXP)'
(The following statement was released by the rating agency) HONG KONG, February 28 (Fitch) Fitch Ratings has today assigned an expected 'BBB(EXP)' rating to China Everbright Bank, Hong Kong Branch's proposed long-term senior unsecured US dollar notes to be ... ( read original story ...)
Fitch: Hong Kong Tender Results Show Local Developers' Prudence
The Hong Kong property developers rated by Fitch are generally interested ... which jointly won the site in Ap Lei Chau for HKD16.9bn; a consortium led by Goldin Financial Holdings (unrated) which won the site at Ho Man Tin with a total development cost ... ( read original story ...)
BRIEF-Hong Kong SFC sanctions Yorkey Optical for late disclosure of inside information
* says Market Misconduct Tribunal sanctions Yorkey Optical, its CEO and financial controller for late disclosure of inside information Source text in English: bit.ly/2l7Fuky (Reporting by Hong Kong newsroom) Next In Financials ( read original story ...)