Category: FINANCE

Should it achieve the high end of its price target, it would be in a two-horse race for biggest IPO of 2022 with private equity firm PAG, which is also aiming for up to US$2 billion according to ... ( read original story ...)

JPMorgan Chase & Co. was removed as the most senior underwriter for Kingsoft Cloud Holdings Ltd.’s Hong Kong stock offering after one of the bank’s analysts cut the share-price target for the Chinese ... ( read original story ...)

Hong Kong stocks opened in the red on Wednesday ... The Reserve Bank of India (RBI) has tightened norms for non-banking finance companies (NBFCs), barring them from lending to businesses that ... ( read original story ...)

Asia-Pacific stocks were mixed in Tuesday trade, with shares in Hong Kong leading losses regionally as the Hang Seng index fell nearly 2%. The People's Bank of China announced Monday it will increase ... ( read original story ...)

There was a strong storm in NYC last night. The wind howled like a hurricane, waking me up several times. My patchy sleep was similar to Asian markets, which were mixed overnight. ( read original story ...)

The Shanghai Composite index lost less than 0.1 percent to 3,194.03, while most other regional markets advanced. Tokyo’s Nikkei 225 index rose 0.7 percent to 26,985.09 and the Kospi in Seoul added 1 ... ( read original story ...)

Faster Payment System (FPS) reached 10.1 million registrations in March The pandemic has accelerated digitisation, CEO of virtual bank Livi says Registrations for a digital payments system developed ... ( read original story ...)

Singapore-based, Hong Kong-listed BOC Aviation has appointed Chan Mui Sin as head of treasury, replacing Peter Davis, who will remain with the company until his retirement on 31 May to ensure a smooth ... ( read original story ...)

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 ...)

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 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 ...)

Losses snowball over two days as shareholders remain in the dark on board decision to remove Tian Huiyu as president. ( read original story ...)

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 ...)

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 ...)