HSBC has implemented a raft of people changes within its global trade and receivables finance (GTRF) business, including the appointment of a chief operating officer (COO) and changes to its Asia and ...
‘Heavenly banking’: religious racketeers dupe Hong Kong woman to deposit US$25,000 into ‘account on the other side’
A brainwashing Hong Kong religious racket has lured a woman from the city into “depositing” US$25,000 into a “bank in Heaven”.
Hong Kong’s economy could face ‘some difficulties’ in first quarter, but recovery in sight, finance chief says
I think as we enter the second quarter, the strength of recovery should be much more obvious,’ Financial Secretary Paul Chan says.
Zambales fishers seek damages after HK ship ‘hit’ artificial reefs
Local fishermen on Monday called on authorities to help them seek at least P900,000 in compensation from a foreign vessel that reportedly destroyed their ...
China Pumps Up The ‘Panda Bond’ Market
With interest rates rising in the West, China hopes its falling interest rates will attract multinationals to its domestic bond market.
Hong Kong, mainland China restaurants bank on first Lunar New Year in 3 years without Covid-19 dining restrictions to boost business
Business picked up over Christmas and New Year in Hong Kong, raising hopes that activity will soon reach pre-pandemic levels, says operator of Japanese restaurants and retailers In Beijing, ...
Banking on virtual success
Leading companies in the financial, tech and telecom sectors have expressed interest in developing a virtual bank business, with the aim of exploring greater opportunities in the digital era.
Hong Kong’s economy could face ‘some difficulties’ in first quarter, but recovery in sight for city, finance chief says
Economy performing much better now compared with November, Financial Secretary Paul Chan says 'I think as we enter the second quarter, the strength of recovery should be much more obvious,' Chan says ...
Year of the Rabbit 2023: demand for crisp bills and fancy lai-see envelopes grows in Hong Kong as in-person celebrations return
All three note-issuing banks - HSBC, Standard Chartered and Bank of China - report stronger demand for new banknotes this year Demand for luxury lai-see envelopes is also higher during the first lunar ...
Hong Kong Finance Minister offers green investment financing
Hong Kong Finance Minister Paul Chan Mo-Po offered opportunities for green or environment-friendly investment financing to Indonesia at a meeting with ...
Chinese Liquor Distiller ZJLD Gives Hong Kong Listing a Shot
Seven years after China’s A-share market got its last liquor listing, distiller ZJLD has decided to take a Hong Kong route to an IPO, which could encourage other producers to follow suit ...
Hong Kong Inflation Rises To 2%
Hong Kong's consumer price inflation increased at the end of the year amid rising vegetable and energy prices, data released by the ...
Hong Kong needs artificial islands as land bank to avoid supply shortage in the future, government says
Authorities say 'land reserve' vital to allow city to avoid 'pain' in future and to grab opportunities when they present themselves Town Planning Board hears Singapore reclaims land for use when ...
DBS Hong Kong offers two-in-one instant loan and credit card combo
DBS Hong Kong has recently unveiled its first fully digitalised Card Loans experience, offering application, approval, and disbursement in as fast as just minutes. “We found that many customers who ...