An estimated P11.5 million worth of undeclared agricultural products loaded in six container vans were seized at the Manila International Container Port (MICP), the Bureau ...
Hong Kong’s exports set to drop 6 per cent for 2022, but bounce back by 5 per cent next year
Hong Kong Trade Development Council points exporters to opportunities in Asean and mainland China markets against backdrop of a sluggish global economy Middle East and Asean were the only two export ...
Major local banks lift interest rates
HSBC, Standard Chartered and Bank of China (Hong Kong) on Thursday announced raising their best lending rates by 25 basis points following interest ...
ESG reporting: Hang Seng companies have transparency shortcomings
Companies in the Hang Seng Index rank in the midrange internationally in terms of the quality of their ESG reporting. This is the finding of the Global ESG Monitor 2022 (GEM), Regional Report ...
HSBC’s disgruntled HK retail shareholders campaign for spinoff
A small group of HSBC's Hong Kong-based retail investors are seeking support to put a resolution to the bank's 2023 annual meeting calling on it to restore its pre-pandemic dividend and set a plan to ...
Alibaba, Nio Fall Over 2%: Hang Seng Weakens After Fed Sees Rate Hikes Through Next Year
Hong Kong stocks witnessed a sell-off on Thursday despite the Federal Reserve’s 50 basis points rate hike being on anticipated lines as central bank officials projected rate increases through next ...
HSBC’s disgruntled shareholders launch new campaign for spinoff
A small group of HSBC's Hong Kong-based retail investors are seeking support to put a resolution to the bank's 2023 annual meeting calling on it to restore its pre-pandemic dividend and set a plan to ...
Hong Kong Central Bank Hikes Rate By 50 Bps
The Hong Kong Monetary Authority lifted its benchmark rate by 50 basis points on Thursday, following the policy announcement of the ...
HSBC, under pressure on climate policies, to stop funding new oil and gas projects
The bank says it will still provide financing and advisory services to energy sector clients at the corporate level, if consistent with its net-zero goals.
HSBC updates climate policy to stop funding new oil and gas
British banking giant HSBC announced Wednesday it will no longer finance new oil and gas fields as part of its updated climate strategy.
HSBC to stop funding new oil and gas fields
A logo of HSBC is displayed at the financial Central district in Hong Kong, China November 23, 2017. REUTERS/Bobby Yip/Files ...
Fresh ideas promised as new faces make up most of the hopefuls aiming for spots in Hong Kong delegation to China’s legislature
Observers call on new representatives to the National People's Congress to be more outspoken in local politics to safeguard Beijing's interests 21 out of the 36 current Hong Kong deputies will not be ...
Why Hong Kong Is Pushing for Its Own Central Bank Digital Currency
As a global financial hub, Hong Kong has a vested interest in shaping the development of CBDCs and especially the systems in which they will transact across borders. But the U.S. should be concerned ...
Financial confidence of Hong Kong’s ‘rising affluents’ takes a hit from inflation, market volatility: Charles Schwab
The proportion of affluent Hongkongers investing in overseas markets has nearly doubled this year, but inflation and market volatility are weighing on overall financial confidence, according to ...