Falling bank stocks drove Asian markets lower on Friday, while bonds rallied and expectations for U.S. interest rate rises were reduced after a surprise capital raising at a Silicon Valley startup ...
US sanctions 39 entities over alleged ‘shadow banking’ for Iran
The United States has imposed sanctions on 39 entities, including many based in the United Arab Emirates and Hong Kong, that Washington said facilitate Iran’s access to the global financial system, ...
Hong Kong Stocks Open Sharply Lower
Hong Kong stocks tanked at the open Friday morning following a rout on Wall Street fuelled by worries over the banking sector, while traders awaited the release of US jobs data later in the day.
China, Hong Kong stocks fall as recovery doubts, U.S. data curb risk appetite
China and Hong Kong stocks fell on Friday, led by automobile stocks and selected internet stocks in Hong Kong, as investors' concern about China's recovery resurfaced after weaker-than-expected data ...
Asian markets tumble as bank worries spread from Wall Street
Asian markets sank again Friday following a rout on Wall Street as signs of trouble at a regional US lender sparked concerns about the wider sector as the Federal Reserve ramps up interest rates.
U.S. targets ‘shadow banking’ network helping Iran evade sanctions
The United States on Thursday imposed sanctions on 39 entities, including many based in the United Arab Emirates and Hong Kong, that Washington said facilitate Iran's access to the global financial ...
National security law enables Hong Kong to move from chaos to stability, prosperity: youth from HK
The youth from the Hong Kong Special Administrative Region made the remarks online at the 52nd session of the UN Human Rights Council, saying the national security law has played a pivotal role in ...
US applies sanctions over Iran shadow banking, drone network
The United States on Thursday announced more sanctions against people and firms associated with Iran and with what it said was an illicit banking network used to conceal transactions.
US Targets ‘Shadow Banking’ Network Helping Iran Evade Sanctions
"Iran cultivates complex sanctions evasion networks where foreign buyers, exchange houses, and dozens of front companies cooperatively help sanctioned Iranian companies to continue to trade," said ...
Fintech summit: young blood, fresh ideas are key to Hong Kong’s digital finance future, say industry leaders
Financial Secretary Paul Chan said the city's access to the Greater Bay Area provides a huge advantage for fintech companies Hong Kong is becoming a 'Silicon Valley and Wall Street all in one', HKEX ...
HSBC GLOBAL PRIVATE BANKING WOMEN’S FORUM 2023
HSBC Global Private Banking ("HSBC GPB") hosted its annual "Women's Forum 2023". Themed "Championing Tomorrow. Amplifying Voices", the event honours women's role as champions of enablement and ...
Australia politics live: NAB passes on full rate hike; pre-departure Covid testing to end for China, Hong Kong, Macau travellers
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Hong Kong stocks slide for third day, dipping below 20,000-point mark amid impending restrictions on chip-making machines
Tech stocks lead the decline as the Netherlands proposes curbing exports of machines that are critical to producing advanced chips The new rules add to investor concerns about China stepping up ...
Analysis: China’s financial regulatory revamp raises hope, some concern over control
A new Chinese financial watchdog will help bridge regulatory gaps but analysts and investors say the agency will consolidate power at the top and could introduce more state and party intervention.