Category: FINANCE

Police arrest five executives of Apple Daily, including chief editor Ryan Law and CEO Cheung Kim-hung. Hundreds of officers raid Next Media's headquarters and search its ... ( read original story ...)

Reports of suspicious transactions, including those with suspected links to money laundering or terrorist financing, rose 10.7 per cent to 57,130 last year. ( read original story ...)

Hong Kong lenders are racing to form multiparty tie-ups with mainland peers to prepare for the impending launch of the Wealth Management Connect scheme after China eased a one-to-one partnership in a ... ( read original story ...)

With shares of Hong Kong developers clocking their best performance in four years thanks to the economic revival and renewed interest in property sales, analysts see further upside potential for the ... ( read original story ...)

Chinese technology companies are flocking to New York for initial public offerings once again, reviving a record-setting flow that had slowed after a streak of weak openings amid shaky markets. Cargo ... ( read original story ...)

Hong Kong’s pro-democracy Apple Daily newspaper is running low on funds and can only continue operating as normal for a few more weeks, after authorities used a sweeping national security law to ... ( read original story ...)

Chief Executive Carrie Lam on Sunday brushed off foreign criticism and smearing of the city's financial industry, saying its role as a global financial hub has only become stronger. Lam's comments ... ( read original story ...)

Hitendra Dave is set to take over as the Chief Executive Office of HSBC India, pending approval from the Reserve Bank of India. The 52-year-old banker was appointed interim CEO from June 7. Previously ... ( read original story ...)

Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Carrie Lam said on Sunday that in the country's financial development, Hong Kong will play a key role in promoting renminbi (RMB) ... ( read original story ...)

Taiwan said seven employees of its trade office in Hong Kong left the financial hub on Sunday after authorities there demanded they sign a pledge recognising China's sovereignty over the self-ruled ... ( read original story ...)

South Korean capital draws international art galleries as some leave Hong Kong, no longer the only place for them to be in Asia. Censorship, high rents, and an unexpected legal hurdle could sway ... ( read original story ...)

HSBC on Friday said it will incur a hefty charge of 1.9 billion euros with the sale of its French retail banking operations to French lender My Money Group. ( read original story ...)

Major South Korean banks are rushing to establish their presence in Singapore, which is replacing Hong Kong as Asias financial hub. Hana Financial Group Inc. and KB Kookmin Bank recently obtained ... ( read original story ...)

It's the first case in which authorities have cited media articles as potentially violating the contentious legislation. ( read original story ...)