BEIJING: China is working to expand the application scenarios of the digital yuan while paving the way for cross-border payments in the e-CNY, a process that can help facilitate the country’s economic ...
Tapering relocation moves from Hong Kong, looming slowdown threaten Singapore office rents after stellar run
An end to Hong Kong-based companies’ relocation plans and an anticipated slowdown in Singapore’s economy will weigh on the city state’s office rents, which rose 5.9 per cent last year.
HSBC CEO Accused of Pressuring Staff to Grant Loans to His Personal Friend
HSBC HOLDINGS (00005.HK)'s CEO Noel Quinn and other senior executives of the bank have been accused in London of pressuring staff to approve loans worth millions of GBP for Mar... HSBC HOLDINGS (00005 ...
Crypto World Breathes A Sigh Of Relief As Chinese Banks Turn Crypto-Friendly In Hong Kong; What Does It Mean For Upcoming Currencies Like Dogetti?
Despite being under the arms of China, Hong Kong seems to have a different take on cryptocurrencies than its administrator. Remember in 2021, the People's Bank of China issued a statement reminding ...
Luxury villa at Hong Kong’s The Peak up for tender, could fetch as much as US$122.5 million
The 7,042 sq ft property at 8 Mount Nicholson Road has been developed by Wharf Holdings and Nan Fung Group. Wheelock is the sole agent for the sale.
Hong Kong Could Become New Crypto Hub For Tokens Like Bitcoin, Cardano And Sign Up Token
Let's take a look at what this could mean for cryptocurrencies like Bitcoin (BTC) and Cardano (ADA), as well as an innovative concept with a new token called SignUp Token.
Hong Kong’s status as shopping paradise is fading. Can it bank on Cantonese food to entice tourists?
Hong Kong is losing its global reputation as a shopping paradise, but its Cantonese food still gives the city a distinct advantage over rivals in the crowded Asian tourism market, visitors from ...
Analysts tip Cainiao to be first Alibaba unit to IPO given its supporting role in e-commerce giant’s overseas growth
Despite the gloomy global economic situation and supply chain risks last year, Cainiao has been expanding its international logistics network.
How bank crisis in US may benefit Indian, other Asian banks?
Bank crisis in US: The US-led banking turmoil is driving money into Asian assets, with investors betting that China and the region’s emerging economies are in a better position to weather the fallout.
Fewer applicants, more resignations for Hong Kong’s disciplined services over past 5 financial years
Applicants shrank 55 per cent from 93,300 in financial year ending March 31, 2019, to 42,100 in 2022-23 Total of 729 people resigned in 2022-23, 44 per cent more compared with 507 in 2018-19 Fewer ...
Fewer applicants, more resignations: Hong Kong’s disciplined services reveal recruitment figures for past 5 financial years
Applicants shrank 55 per cent from 93,300 in financial year ending March 31, 2019 to 42,100 in 2022-23 A total of 729 people resigned in 2022-23, 44 per cent higher compared with 507 in 2018-19 Fewer ...
What is the Taskforce on Nature-related Financial Disclosures? Why does its draft framework matter to businesses in Hong Kong?
The final draft of the Taskforce on Nature-related Financial Disclosures (TNFD) framework is a "much-needed" tool to help companies address the challenge of global biodiversity loss and the impact of ...
China-Hong Kong Swap Connect: Authorities Pave Way for Launch with Approval of Rules, According to Reports
Authorities have reportedly approved rules for the Swap Connect, enabling overseas investors to access the Chinese interest rate swap market.
Hong Kong online brokerage TOP Financial stock sinks 26%
Shares of Hong Kong-based online brokerage TOP Financial (NASDAQ:TOP) tumbled 26% in afternoon trading Wednesday. TOP shares opened at $6.70, hitting a high of $7.20 in late morning trading before ...