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 ...
Hong Kong retail shareholders revive HSBC spin-off call
A group of HSBC's Hong Kong-based retail investors are seeking support to demand the bank restore its pre-pandemic dividend and set a plan to spin off assets.
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 ...
Judge quashes Hong Kong activist Chow Hang-tung’s conviction over Tiananmen vigil
A High Court judge in Hong Kong has quashed the conviction of a prominent pro-democracy activist after ruling that the city’s pro-Chinese authorities failed t ...
Chinese biotech start-up 3D Medicines bucks trend with strong Hong Kong IPO thanks to cancer-drug pipeline
The company bucked a trend in its Hong Kong trading debut on Thursday, becoming one of the few biotechnology listings in recent years to post a first-day gain on the market.
Season Group’s acquisition of Pycom Ltd-a global IoT technology startup with a vision to give all connected ideas an opportunity to succeed
Season Group – an international electronics design and manufacturing services provider headquartered in Hong Kong with sites in China, Malaysia, Mexico, and the U.K. – is pleased to announce its ...
Amid crypto turmoil, Hong Kong debuts first crypto futures ETFs
Two exchange traded funds (ETF) that track U.S.-listed cryptocurrency futures have raised a combined $73.6 million ahead of their debut on the Hong Kong stock exchange on Friday in defiance of the ...
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 ...
Hong Kong central bank raises rates after Fed hike, HSBC follows
The Hong Kong Monetary Authority (HKMA) said on Thursday it would raise its base rate charged through the overnight discount window by 50 basis points to 4.75%, hours after the U.S. Federal Reserve ...
Hong Kong Star Louis Koo On Backing New Talent Through One Cool Group, Hollywood Moves & Pushing VFX Boundaries In ‘Warriors Of Future’
EXCLUSIVE: Released in August, Louis Koo’s sci-fi action thriller Warriors Of Future has become not just the highest-grossing local film in Hong Kong ever, but the highest-grossing Asian film ever ...
HKMA warns borrowers to gird against risks even as Hong Kong’s rate hike slows to half point in lockstep with Fed’s policy downshift
The HKMA increased its base rate by 50 basis points to 4.75 per cent from 4.25 per cent, taking it close to a 15-year high Commercial banks in Hong Kong are expected to increase their prime lending ...
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 ...