(Bloomberg) -- Hong Kong authorities have never failed to keep the local dollar at its peg, or since 2005 within a set band against the dollar, yet that hasn’t stopped someone from writing options on ... ( read original story ...)
Why Hong Kong and Singapore should tax wealth more
In recent weeks, the finance ministers of Hong Kong and Singapore delivered their budget statements for the coming financial year. Both statements were notably silent on wealth taxes, an issue that ha... ( read original story ...)
Meet the men and women who’ve just made MD at HSBC in Hong Kong and Singapore
HSBC, which made almost 90% of its profits from Asia last year, has just announced a new batch of 83 managing directors (MDs). While many of them are based in its London headquarters (and ... ( read original story ...)
HSBC chases Asia’s wealthiest with new ultra-high net worth team
A logo sits on a bank branch of HSBC in London, UK. (Bloomberg pic) HONG KONG: HSBC is taking aim at the very richest clients in the world’s fastest-growing region for wealth. The London-based bank is ... ( read original story ...)
Reviewing Boc Hong Kong (BHKLY) and ING Groep (ING)
BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, Mainland China, and internationally ... ( read original story ...)
2019 Corenet Global Summit in Hong Kong will Demonstrate How Corporate Real Estate Enables Business Success
(MENAFN - ACN NewWire) HONG KONG, Mar 11, 2019-(ACN Newswire)-CoreNet ... influence talent acquisition and retention. According to McKinsey, millennials currently represent 30 percent of the ... ( read original story ...)
How can Hong Kong make up lost ground with Shenzhen? Start by treating women better
A replica of New York’s “Fearless Girl” statue stands at Federation Square in Melbourne, Australia. The replica was unveiled by artist Kristen Visbal ahead of International Women’s Day on March 8. Pho... ( read original story ...)
UBS, StanChart agree to settle 2009 Hong Kong IPO misconduct case: regulator’s counsel
HONG KONG (Reuters) - UBS Group AG and Standard Chartered PLC have agreed to settle a case of alleged misconduct related to a 2009 initial public offering (IPO) in Hong Kong, a counsel for the ... ( read original story ...)
Hong Kong Tightens Liquidity With $192 Million Peg Defense
(Bloomberg) -- Hong Kong faces the likelihood of rising borrowing costs after the city’s de facto central bank intervened to defend its currency peg for the first time since August. The Hong Kong Mone... ( read original story ...)
Hong Kong’s MTR Corp under fire for post-retirement plan that ‘makes senior staff feel like cheap labour’
The MTR control room at Tsing Yi Station. Under a new plan, rail supervisors reaching retirement age could be hired back in lower positions with a 30 per cent pay cut. Photo: Bruce Yan READ FULL ARTIC... ( read original story ...)
Hong Kong Tightens Liquidity With $192 Million Currency Defense
(Bloomberg) -- Hong Kong faces the likelihood of rising borrowing costs after the city’s de facto central bank intervened to defend its currency peg for the first time since August. The Hong ... ( read original story ...)
Stocks Face Mixed Start After 2019’s Worst Week: Markets Wrap
Sign up here. Stocks in Asia looked set to start mixed Monday following the worst week for global equities since mid-December. The yen climbed. Futures indicated Japan could eke out small gains when t... ( read original story ...)
Formula E news: Lotterer hits out at Bird after Hong Kong ePrix clash and stewards enquiry
Bird picked up his second win of the season in Formula E’s milestone 50th race after fighting through from seventh on the grid. However, the Brit was investigated by the stewards after the chequered f... ( read original story ...)
ABB and Formula E celebrate partnership at 50th race in Hong Kong
As ABB FIA Formula E Championship marks up 50 races, ABB CEO Ulrich Spiesshofer and Formula E founder Alejandro Agag hail spirit of successful partnership and collaboration HONG KONG — ABB CEO ... ( read original story ...)