Floods from Black Rain in Hong Kong

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Hong Kong stocks retreat from two-year high as StanChart slides

Hong Kong stocks closed lower on Thursday ... lower because they are still waiting for opportunities to buy,” said Alex Wong, a director at Ample Finance Group. Financials were mixed on Thursday, with Standard Chartered Bank losing 8.1 per cent to ... ( read original story ...)

Six Asian banking jobs that recruiters are struggling to fill

Here’s a selection. http://news.efinancialcareers.com/sg-en/291758/job-seeker-slump-singapore/ If you’re applying for a banking job in Asia via a recruiter, spare a thought for their travails. Banks in Singapore and Hong Kong are increasingly giving ... ( read original story ...)

Why Standard Chartered Shares Tanked Today

Standard Chartered (2888.HK) shares plummeted as much as 7% in Hong Kong trading on Thursday after the banking giant delivered a not-so-impressive set of interim results results. While StanChart’s earnings were a respectable 6% higher than analyst ... ( read original story ...)

Asia Falls after Dow Hits Milestone

The Nikkei 225 fell back 50.78 points, or 0.3%, to 20,029.26 The Hang Seng Index slipped 76.37 points, or 0.3%, to 27,531.01 Standard Chartered shares listed in Hong Kong were in the spotlight after the bank reported earnings after the market close on ... ( read original story ...)

Stocks start lower as tech companies and banks slip

The British central bank left its key rate at a record low and cut its growth ... Japan's benchmark Nikkei 225 lost 0.3 per cent and the Kospi of South Korea dropped 1.7 per cent. Hong Kong's Hang Seng sank 0.3 per cent. ( read original story ...)

Nam A Bank signs bancassurance partnership with FWD

Nam A bank aims to establish itself as one of Viet Nam’s most ... an Asia-based private investment group. FWD operates in Hong Kong and Macau, Thailand, Indonesia, the Philippines, Singapore, Japan and Viet Nam, offering life, medical and general ... ( read original story ...)

Short Seller Threat Has Hong Kong Rally Skipping Small Caps

Big caps rule Hang Seng’s Asia-beating gains on mainland bids Bocom, Fidelity see small equities continuing to underperform Hong Kong stocks may be Asia’s star performers this year, but it hasn’t done much to revive the fortunes of the market’s ... ( read original story ...)

Hong Kong’s tiny flats pile up as property market dangers grow

HONG KONG: Tiny flats are flooding Hong Kong as developers rush to target first-time buyers struggling to get into the world’s priciest market. Inventories of new flats smaller than 431 square feet (40 square meters) rose to about 1,400 at the end of ... ( read original story ...)