China's yuan inched higher against the dollar on Thursday, to reflect some weakness in the greenback in global markets, but gains were capped by a slightly weaker-than-expected second quarter growth ... ( read original story ...)
Hong Kong, Macao Banks to Lead Recovery in Mainland China Exposure
Fitch Ratings expects the recoveries in APAC economies in 2021 to support better growth prospects for banks' mainl ... ( read original story ...)
YC-backed Deskimo, an on-demand coworking space app, launches in Singapore and Hong Kong
Part of Y Combinator’s current batch, Deskimo wants to make finding coworking spaces easier. Its on-demand booking app is currently available in Singapore and Hong Kong, with plans to enter more ... ( read original story ...)
Hong Kong customs arrest four in first crypto laundering bust
Hong Kong customs officials said Thursday they had dismantled a money laundering syndicate that used cryptocurrency to process some HK$1.2 billion ($155 million) in illegal funds, in what they said ... ( read original story ...)
TSX Awaits BoC Word
Futures for Canada's main stock index slipped on Wednesday, with investors expecting the central bank to announce a further tapering of its asset purchases later in the day. TSX Composite index ... ( read original story ...)
Hong Kong Property Investors Should Fear the Fed
Movements in two key measures of financial-market liquidity — the Hong Kong Monetary Authority’s aggregate balance and the one-month interbank rate — show how dramatically conditions shifted as the ... ( read original story ...)
Hong Kong’s Booming IPO Market Poised for Lift From China Curbs
The tailwinds lifting the Hong Kong bourse’s prospects are blowing from east and west: China is applying heavy scrutiny on overseas listings as well as its homegrown exchanges, sending companies to ... ( read original story ...)
Hong Kong Easing Travel; Grim Argentine Landmark: Virus Update
Hong Kong next month will allow vaccinated residents and workers to return from the U.K., Brazil, India and other countries it labeled as extremely high-risk areas, according to the South China ... ( read original story ...)
Hong Kong’s cruises to nowhere ready to start at end of July, as company learns lessons from coronavirus infection on Singapore ship
Crew members on Genting Dream receive second dose of BioNTech vaccine ahead of cruises launching from city on July 30. ( read original story ...)
Evening Update: Hong Kong’s Democratic Party tried to reach a middle ground with Beijing. Now, it’s out in the cold
Hong Kong’s Democratic Party tried to reach a middle ground with Beijing. Now, it’s out in the cold Lo Kin-hei was something of a rarity when he first entered politics after university graduation. ( read original story ...)
Lalamove considers shifting planned US$1 billion IPO to Hong Kong amid heightened scrutiny by Beijing
Hong Kong logistics start-up Lalamove is considering moving its planned US$1 billion initial public offering to Hong Kong as a crackdown on technology firms and a series of new rules on overseas ... ( read original story ...)
European Central Bank Launches Digital Euro Project
As central bank digital currency trials pick up globally, the European Central Bank is accelerating its efforts to launch a digital euro. ( read original story ...)
Asia’s best bank 2021: DBS
DBS retains the award for Asia’s best bank for its outstanding response to the Covid-19 crisis. Many banks demonstrated admirable resilience to the pandemic and generally the strongest got stronger. ( read original story ...)
Hong Kong’s cruises to nowhere ready to start at end of July, as company learns lessons from Covid-19 infection on Singapore ship
Crew members on Genting Dream receive second dose of BioNTech vaccine ahead of cruises launching from city on July 30. ( read original story ...)