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Posted on 04/05/2024

Concerns over HSBC Asian business spin-off resurface at annual meeting

LONDON/HONG KONG -- Concerns by shareholders of an HSBC split with Asia resurfaced at the annual meeting on Friday after HSBC Chief Executive Noel Quinn's abrupt resignation this week.

Posted on 04/05/2024

Geopolitical tensions and Covid crisis: Noel Quinn’s five years at HSBC’s helm

CEO is making a surprise exit after successfully slimming down the global bank and winning over its tough chair ...

Posted on 04/05/2024

Hong Kong authorities urged to bar non-emergency workers from going to work amid adverse weather

Association for the Rights of Industrial Accident Victims says only a work suspension can safeguard the safety of workers effectively.

Posted on 04/05/2024

Meaningless: fewer Hong Kong employers resorting to inflated job titles to attract talent, survey finds

Less than 30 per cent of Hong Kong businesses plan to use senior job titles to attract or retain talent, though the practice is more common in certain sectors, and could be at odds with younger ...

Posted on 04/05/2024

Coinbase’s Blowout First Quarter; Could Hong Kong ETFs See $1B AUM by 2024 End?

Investor's Business Daily Carvana Father-Son Duo Make $11 Billion in 3,000% Stock Rebound (Bloomberg) -- The father-son duo behind Carvana Co. have seen their fortunes rebound as shares of the Phoenix ...

Posted on 04/05/2024

Arup, WWF to establish nature-based solutions standards for Hong Kong’s rural development

Arup and WWF released their joint research report 'Designing a Sustainable Rural Township With Nature-based Solutions' today. The research provides practical insights for integrating NbS into the ...

Posted on 03/05/2024

Hong Kong Property Deals Hit Three-Year High in April

Real estate transactions registered in Hong Kong nearly doubled in April, hitting a three-year high, just months after the government took steps to revive the market. The number of deals surged to ...

Posted on 03/05/2024

Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets

Societe Generale chief executive on Friday spoke out to defend the lender’s risk control systems against criticism from one of its former traders who was fired for making unauthorized bets in Hong ...

Posted on 03/05/2024

WSJ moves Asia operations from Hong Kong to Singapore

SINGAPORE: In a significant restructuring move, The Wall Street Journal (WSJ) announced on Thursday (2... The post WSJ moves Asia operations from Hong Kong to Singapore appeared first on The Independe ...

Posted on 03/05/2024

Hong Kong property deals double to near 3-year high as scrapping of cooling measures spurs buying demand

Hong Kong’s property transactions came close to a three-year high in April, with 9,880 units changing hands according to official data, as the removal of cooling measures continued to boost demand.

Posted on 03/05/2024

Hong Kong introduces green finance taxonomy to boost city’s fundraising credentials

The Hong Kong Monetary Authority (HKMA) has issued a “green taxonomy” framework to help banks and investors determine the sustainability of economic activities, the de facto central bank’s latest ...

Posted on 03/05/2024

Hong Kong March retail sales down 7%, snapping 15 months of growth

Hong Kong's March retail sales fell 7% from a year earlier, partly due to a high base of comparison for visitor spending and the Easter holidays, government data showed on Friday.Sales decreased to ...

Posted on 03/05/2024

Wall Street Journal moves Asia HQ from Hong Kong to Singapore

It said the move comes after other foreign firms have reconsidered their operations there. Read more at straitstimes.com.

Posted on 03/05/2024

Hong Kong centrist Third Side party plans US visit to ‘explain the situation’ in city and address any security law misunderstandings

Third Side vice-chairman Casper Wong reveals plan after the group’s leaders meet US consul general in Hong Kong and Macau Gregory May.

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