a Canadian resident of Hong Kong, told CBC News. "We're not sure whether we can still trust the police when we are walking down the street. "I think the biggest concern right now is we're not too ... ( read original story ...)
Lower fees, snazzy branches: Hong Kong banks gird for online-only onslaught
In an acknowledgement of the looming competition, HSBC said in June it would waive fees on accounts without a certain minimum balance. The British bank said the move was to promote financial inclusion ... ( read original story ...)
Hong Kong’s business reputation takes hit with airport chaos
Protests at Hong Kong's airport on Tuesday caused a second day of travel mayhem at one of the world's busiest air-transport hubs, further threatening the city's reputation as a stable place for doing ... ( read original story ...)
Hong Kong airport protests further damage city’s business reputation
Protests at Hong Kong’s airport on Tuesday caused a second day of travel mayhem at one of the world’s busiest air-transport hubs, further threatening the city’s reputation as a stable place for doing ... ( read original story ...)
HSBC cuts mortgage cash rebates in half
Hongkong and Shanghai Banking Corp has cut the cash rebate rate in connection with residential mortgages to 1 percent for loans below HK$10 million, and to 1.5 percent for those above HK$10 million, ... ( read original story ...)
Hong Kong leader defends police, dodges protesters’ demands
Hong Kong leader Carrie Lam defended law enforcement actions Tuesday after protesters prompted an airport shutdown with calls to investigate alleged police brutality. At one of the world's busiest ... ( read original story ...)
Hong Kong Risks an Economic Fate Worse Than Recession
In the first half of 2019, its throughput was down 8.1% versus the same period last year. A hit to Hong Kong’s status as a financial and trade hub would reverberate around a region already showing ... ( read original story ...)
Hong Kong airport says aiming to restore normal service but more protests planned
HONG KONG — Hong Kong’s Airport Authority said ... Increasingly violent protests have plunged the Asian finance hub into its most serious political crisis in decades, posing a challenge ... ( read original story ...)
Gold hits more than 6-year high on Hong Kong, Argentina
In Hong Kong, pro-democracy protesters on Monday managed ... is seen as a relatively safe investment in times of political and financial uncertainty. The yen rose to a seven-month high against ... ( read original story ...)
The Latest: Hong Kong airport cancels all departing flights
Hong Kong has seen two months of anti-government demonstrations that have increasingly impacted day-to-day operations in the financial hub. 10:30 a.m. Hong Kong leader Carrie Lam has defended law ... ( read original story ...)
China stocks falter as bank lending falls; Hong Kong drags
HONG KONG — Shares in mainland China fell on Tuesday after data showed banks gave out fewer new loans than expected in July to support slowing economic growth, while escalating protests in Hong ... ( read original story ...)
China stocks fall as bank lending disappoints; more easing expected
HONG KONG — Chinese shares fell on Tuesday after ... according to data released by the People’s Bank of China on Monday. ** Analysts expect Beijing to allow more easing to energize growth. ( read original story ...)
Hong Kong’s stock market has a midsummer’s nightmare as fundraising dries up in worsening trade war and street mayhem
Hong Kong’s stock market is going through its worst summer since 2012, as fundraising activity dwindled to a single initial public offering (IPO) in August, while a worsening US-China trade war and ... ( read original story ...)
HSBC at a crossroads as Huawei issue remains, Hong Kong unrest continues
The shock exit of two high-level HSBC executives within a week, including its top executive and the head of key China business, has put the 150-year-old, London-based banking giant under public ... ( read original story ...)