SINGAPORE: A 73-year-old Singaporean man was charged in Hong Kong on Saturday (Apr 16) for allegedly robbing a bank in Kowloon, escaping with HK$14,000 (S$2,400) in cash. According to Hong Kong police ... ( read original story ...)
Hong Kong stocks hit one-week low as PBOC tempers easing bets, China Merchants Bank sinks
Stocks slide as trading resumes after a two-day holiday. Bad news comes in the form of weak easing signals from the People’s Bank of China and a slump in China Merchants Bank. ( read original story ...)
Asian stocks in defensive mood on China and rate worries
Asian shares traded cautiously on Tuesday, with investors weighing China's measures to cushion an economic slowdown and the prospect of aggressive Federal Reserve monetary policy tightening. ( read original story ...)
China Merchants Bank sinks by most in 11 years as damage to shareholders snowballs to US$34 billion in two days
Losses snowball over two days as shareholders remain in the dark on board decision to remove Tian Huiyu as president. ( read original story ...)
Hang Seng Expected To Return To The Downside On Tuesday
The Hang Seng now rests just shy of the 21,520-point plateau although investors figure to cash in on Tuesday. The global forecast for the Asian markets is mixed and flat to lower ahead of the start of ... ( read original story ...)
Hong Kong stocks tumble to three-week low as PBOC dents easing bets, China Merchants Bank sinks on executive removal
China's central bank issues guidelines on its approach to support the Covid-hit economy, avoids any mention of reserve requirement ratio China Merchants Bank shares sink in Hong Kong after the ... The ... ( read original story ...)
BOC Aviation names new head of treasury
BOC Aviation has announced the appointment of Chan Mui Sin as Head of Treasury, with effect from 18 April 2022. ( read original story ...)
HSBC: The Cheapest Bank For Big Gains
HSBC is poised to benefit from the rising interest rate environment across the globe. Read more to find out why we rate HSBC a buy at its current price. ( read original story ...)
Elderly S’porean Allegedly Robs HK Bank With Toy Gun, Gets Arrested After 7-Hour Manhunt
An elderly Singaporean man allegedly robbed a bank in Hong Kong with a toy gun and was arrested after a 7-hour manhunt. ( read original story ...)
China Merchants Bank suffers US$11 billion sell-off on news report top executive is assisting with unspecified probe
China’s third-largest lender fell by the most since August 2015 amid a local media report that a top executive is assisting with an unspecified government probe. ( read original story ...)
China’s economy had a good first quarter. Lockdowns leave it ‘in distress’
China's economy made a solid start to the year, recording first quarter growth that surpassed expectations. But a recent slump in consumer spending and rising unemployment suggest much tougher months ... ( read original story ...)
S’porean man, 73, arrested for robbing bank with toy gun in Hong Kong
The man had reportedly robbed a bank along Nathan Road in Hong Kong on Apr. 14 at around 3:30pm, and made away with about HK$14,000 (S$2,429) in cash, according to ... ( read original story ...)
China Merchants Bank suffers US$11 billion sell-off on news report top executive is assisting unspecified probe
China’s third-largest lender fell by the most since August 2015 amid a local media report that a top executive is assisting with an unspecified government probe. ( read original story ...)
Hong Kong landlords offer deep discounts on short-term retail leases, hope to raise rents in the next market rebound
Leasing terms suggest individual retail landlords are banking on recovery in sales once Hong Kong reopens its border Retail sales shrank 14.6 per cent in February, the worst since a 23 per cent slump ... ( read original story ...)