The number of senior executives expecting a pay rise increased by 53 per cent from last year, KPMG report says "Vast sums" are on offer to poach employees from competitors, leading to substantial ... ( read original story ...)
Stock markets and oil slide as China lockdown fears rattle markets – business live
Rolling coverage of the latest economic and financial news ... ( read original story ...)
Hong Kong to reopen to non-residents
Hong Kong will reopen to non-residents on May 1, the government announced on Friday evening. The Covid-19 flight suspension mechanism, which s ... ( read original story ...)
HSBC Shareholder(s) Propose(s) to Split with Respective HK, UK HQ to Mitigate Risks: Report
With HSBC HOLDINGS (00005.HK) set to hold shareholder meeting on 29 April in London, a shareholder (or shareholders) proposed to the board of the group to split the bank into two separate units, in ... ( read original story ...)
Is the HSBC Share Price Too Cheap Ahead of Earnings
What is the outlook of the HSBC share price ahead of earnings? We explain whether the stock is too cheap and whether it is a buy or sell. ( read original story ...)
HK singer Eason Chan in panic mode after seeing ‘only’ RM21.7m left in his bank account
Hong Kong-born singer and actor Eason Chan has gone into panic mode after realising his bank account balance has shrunk to a mere US$5 million (RM21.7 million). The multi-Golden Melody Awards winner ... ( read original story ...)
WeLab Bank is Hong Kong’s 1st Virtual Bank to offer Digital Wealth Advisory Solutions
WeLab Bank (or "the Bank"), the virtual bank dedicated to curating intelligent banking experience, has become the first virtual bank in Hong Kong licensed to offer digital wealth advisory services. ( read original story ...)
Hong Kong eases foreigner ban, but quarantine, testing measures remain
Hong Kong will allow non-resident visitors to enter the city for the first time in more than two years since the coronavirus pandemic began. ( read original story ...)
Babel Finance Names Yang Song Head of Treasury as Crypto Lending Business Grows
three years in Commerzbank’s Frankfurt HQ managing EUR – the biggest risk and exposure for the bank – and most recently five years at the bank’s Hong Kong branch building up its CNH (offshore RMB) and ... ( read original story ...)
Stocks sink in Hong Kong, mainland China as Covid spreads to Beijing with district lockdown adding to cracks in economy
Stocks sink in Hong Kong and mainland China as Covid-19 outbreak hits some areas in Beijing, prompting lockdown and mass testing order. ( read original story ...)
Business leader calls for easing of more travel curbs
The president of the Chinese Manufacturers' Association, Allen Shi, on Monday urged the government to further ease travel curbs for people arriving ... ( read original story ...)
Hong Kong social scientist from pollster group Pori flees city, citing threats from ‘powerful bodies’ and fear of ‘moving red lines’
Social scientist Chung Kim-wah, who was last year questioned by police over his group’s involvement with an unofficial opposition primary, says there is ‘no room for sincere words’ in home city. ( read original story ...)
Hong Kong’s economy improves in Q2 as COVID-19 infections drop
Hong Kong’s economy is showing steady improvement in the second quarter as the fifth wave of COVID-19 infections is gradually put under control, said Paul Chan, financial secretary of the Hong Kong ... ( read original story ...)
HSBC, Standard Chartered seen reporting earnings setback on Covid, Ukraine war fallout. Can they surprise the market?
HSBC and Standard Chartered will report their first quarter results this week. Investors are keen to see the impact on profitability from Covid-19 curbs and the Ukraine war. ( read original story ...)