Tag: banking

By supporting the national security law, the British-based bank is pointing to an even bigger shift of its resources to China. But at what cost? ( read original story ...)

(Bloomberg) -- A multi-sector trident of companies priced shares worth over $1 billion on Thursday, showing the rebounding strength of U.S. initial public offerings even as the coronavirus pandemic ... ( read original story ...)

Hong Kong's monetary authority stepped into the financial market to rein back the local currency, which had been pushed over the top end of its trading band against the US dollar by the influx of ... ( read original story ...)

Initial public offerings in Hong Kong are set to roar back next week with the launch of two multi-billion dollar deals. ( read original story ...)

A record jump in money flowing into Singapore bank accounts from abroad underlines the city-state's safe haven appeal during the COVID-19 pandemic and political uncertainty in rival financial centre ... ( read original story ...)

Hong Kong is ready to defend the currency’s link to the U.S. dollar with the support of the mainland, and investors still retain confidence in the system, according to the city’s top financial ... ( read original story ...)

A multi-sector trident of companies is pricing shares worth about $1 billion on Thursday, showing the rebounding strength of U.S. initial public offerings even as the coronavirus pandemic continues ... ( read original story ...)

China’s central bank said it will “unswervingly” support Hong Kong’s role as an international financial center, in a statement backing the Beijing government’s controversial move to introduce a ... ( read original story ...)

We read all the news today so you wouldn't have to. Here are the highlights (and some lowlights) from the business world today. ( read original story ...)

Hong Kong wants to send a clear message to its residents and the world: its currency peg isn’t in doubt, despite the city being increasingly caught up in tensions between Beijing and Washington.Focus ... ( read original story ...)

Hong Kong wants to send a clear message to its residents and the world: its currency peg isn’t in doubt, despite the city being increasingly caught up in tensions between Beijing and Washington. ( read original story ...)

Hong Kong’s legislature approved a contentious bill Thursday that makes it illegal to insult the Chinese national anthem. ( read original story ...)

British banking giants HSBC and Standard Chartered on Thursday backed China's contentious security law proposal for Hong Kong, which critics fear will be used to stamp out dissent in the city. Beijing ... ( read original story ...)

China's planned national security law for Hong Kong will jeopardize the city's rule of law and subsequently, its global reputation as an efficient and reliable financial hub, says Jimmy Lai, founder ... ( read original story ...)