Tag: banking

HSBC has made a number of senior hires to its Asian business. Jackie Mau has been named as head of global private banking for mainland China, while Victor Wang becomes Europe, the Middle East & Africa ... ( read original story ...)

Hong Kong stocks rose as traders weighed China's slowing economic growth momentum even as data on factory production and retail sales data beat market estimates. Alibaba Group Holding and Tencent ... ( read original story ...)

China's yuan inched higher against the dollar on Thursday, to reflect some weakness in the greenback in global markets, but gains were capped by a slightly weaker-than-expected second quarter growth ... ( read original story ...)

Fitch Ratings expects the recoveries in APAC economies in 2021 to support better growth prospects for banks' mainl ... ( read original story ...)

Futures for Canada's main stock index slipped on Wednesday, with investors expecting the central bank to announce a further tapering of its asset purchases later in the day. TSX Composite index ... ( read original story ...)

Movements in two key measures of financial-market liquidity — the Hong Kong Monetary Authority’s aggregate balance and the one-month interbank rate — show how dramatically conditions shifted as the ... ( read original story ...)

The tailwinds lifting the Hong Kong bourse’s prospects are blowing from east and west: China is applying heavy scrutiny on overseas listings as well as its homegrown exchanges, sending companies to ... ( read original story ...)

Hong Kong’s Democratic Party tried to reach a middle ground with Beijing. Now, it’s out in the cold Lo Kin-hei was something of a rarity when he first entered politics after university graduation. ( read original story ...)

As central bank digital currency trials pick up globally, the European Central Bank is accelerating its efforts to launch a digital euro. ( read original story ...)

DBS retains the award for Asia’s best bank for its outstanding response to the Covid-19 crisis. Many banks demonstrated admirable resilience to the pandemic and generally the strongest got stronger. ( read original story ...)

Hong Kong shares fell on Wednesday, as worries about slowing China growth resurface, while rising Sino-U.S. tensions also hurt sentiment. ( read original story ...)

The Hong Kong stock market has climbed higher in three straight sessions, advancing more than 810 points or 3 percent along the way. ( read original story ...)

Hong Kong stocks drop for the first time in four days before a government report later this week showing China’s economic rebound faltered last quarter. ( read original story ...)

China stocks fell on Wednesday after two consecutive days of gains, as excitement from policy easing fades, and investors shift their attention to rising Sino-U.S. tensions. ** Hong Kong stocks also ... ( read original story ...)