The scrutiny by Hong Kong resembles that of rival wealth center Singapore, which a year ago fined four financial institutions over AML breaches, including DBS. The bank failed to continuously monitor ...
Hong Kong fines DBS over breaching anti-money laundering rules
The Hong Kong unit of DBS Group Holdings, Singapore's biggest lender, was fined HK$10 million ($1.28 million) by Hong Kong's banking regulator for violating anti-money laundering (AML) and ...
Two arrested after 30 students used fake papers to enter top HK business school
Two women were arrested for allegedly forging documents after 30 master’s students were caught using fake qualifications to enter the University of Hong Kong (HKU) Business School, Hong Kong media ...
{Block Trade}HSBC HOLDINGS: 460k shares, or HK$31.31m
The deal amounted to HK$31.31m, or at HK$68.075 per share, 1.1% lower than previous close. HSBC HOLDINGS is now trading down 1.23% to HK$68, with 12.71 million shares of ...
Hong Kong start-ups shine at China’s largest AI show amid city’s drive for Asian tech hub status
Artificial intelligence (AI) start-ups from Hong Kong grabbed some of the spotlight at the three ... AI-powered rescue drone start-up LifeSparrow, local LLM start-up Stellaris AI, data and indoor ...
BNP Paribas, UBS Show Interest in Buying HSBC’s Wealth Mgmt Unit in Germany – Report
Bloomberg, citing people familiar with the matter, reported that HSBC HOLDINGS (00005.HK) is considering to sell a number of businesses in Germany. BNP Paribas and UBS have expressed initial interest ...
Hong Kong Retailers Bank on Duty-Free Quota Hike to Boost Sales
HONG KONG (Reuters) - An increase in the duty-free quota for Chinese tourists to Hong Kong may go some way to support the city's retailers, but visitors from the mainland say prices are still ...
Hong Kong court hears mitigation pleas from Joshua Wong, other democrats
Prominent Hong Kong activist Joshua Wong should be considered an active participant in a landmark subversion case involving 47 democrats, his lawyer said on Friday, but urged a court to hand him a ...
Hong Kong activist Joshua Wong asks for a lesser sentence in landmark security case
Prominent activist Joshua Wong has asked for a lesser sentence in court after he earlier pleaded guilty in Hong Kong’s biggest national security case.
Hong Kong retailers bank on duty-free quota hike but mainland visitors say prices still high
Duty-free shopping quotas for Chinese tourists in Hong Kong were raised on July 1. Read more at straitstimes.com.
Fantasy, frills and a pink fox: Playing dress up at Hong Kong Disneyland
There are a lot of princesses at Hong Kong Disneyland, but not the ones you think. Instead of your Cinderellas, Elsas and Annas in their royal best, it’s a fuzzy pink fox that’s inspiring the princess ...
New head of Hong Kong’s social worker body named after controversial revamp to depoliticise sector
A lawyer and long-time adviser to the authorities has been named as the new head of Hong Kong’s revamped social worker regulator, two days after the passage of a bill that paved the way for the body ...
Hong Kong Disneyland’s summer festivities set to enchant visitors from across the region
After announcing a strong fiscal year in 2023 and record-breaking earnings for the January-to-March period this year, Hong Kong Disneyland Resort is determined to build on that success with a new line ...
First batch of 376 Hong Kong land leases to be renewed beyond 2047 under new mechanism
Ordinance gazetted on Friday will allow 50-year extensions to take leases beyond crucial 2047 date, in move hailed by lawmakers and industry.