Tag: banking

As demonstrations in Hong Kong enter their 11th week, a political crisis triggered by opposition to an extradition bill is threatening to become an economic one for Asia’s financial hub. Since ... ( read original story ...)

Chinese paramilitary forces conducted exercises across the border from Hong Kong on Thursday, raising fears that Beijing may be preparing to act against mass demonstrations in the Asian financial ... ( read original story ...)

HONG KONG (Reuters) - Standard Chartered (STAN.L) is targeting growing its private banking assets by 50% to about $100 billion in three to five years and hire dozens of bankers in Hong Kong and ... ( read original story ...)

Chinese e-commerce platform Alibaba is weighing a delay to its listing on the Hong Kong Stock Exchange due to massive anti-China protests that have shuttered the airport and captivated the world. ( read original story ...)

(Bloomberg) -- Several Chinese companies are rethinking fundraising plans in Hong Kong as anti-government protests rock the city, an ominous sign for its future as a financial gateway between Asia’s ... ( read original story ...)

So, Hong Kong is doing well. All of Asia is doing well, too. Japan is a really strong market for us,” Canada Goose CEO Dani Reiss tells Yahoo Finance. As part of its new global retail store push, ... ( read original story ...)

Hang Seng Bank (0011) followed Hongkong and Shanghai Banking Corp to cut the cash rebate rate of residential mortgages by 100 basis points to 1 percent for loans below HK$10 million, and by 50 basis ... ( read original story ...)

Aug.14 -- Carol Cheung, financial services and commerce finance director at Robert Walters Hong Kong, discusses the protests in Hong Kong and their impact on people living and working in the city. She ... ( read original story ...)

HONG KONG (Reuters) - Hong Kong’s airport resumed ... have plunged the Asian financial hub into its worst crisis since it reverted from British to Chinese rule in 1997. About 30 protesters ... ( read original story ...)

In an acknowledgement of the looming competition, HSBC said in June it would waive fees on accounts without a certain minimum balance. The British bank said the move was to promote financial inclusion ... ( read original story ...)

Hong Kong leader Carrie Lam defended law enforcement actions Tuesday after protesters prompted an airport shutdown with calls to investigate alleged police brutality. At one of the world's busiest ... ( read original story ...)

In the first half of 2019, its throughput was down 8.1% versus the same period last year. A hit to Hong Kong’s status as a financial and trade hub would reverberate around a region already showing ... ( read original story ...)

HONG KONG — Hong Kong’s Airport Authority said ... Increasingly violent protests have plunged the Asian finance hub into its most serious political crisis in decades, posing a challenge ... ( read original story ...)

In Hong Kong, pro-democracy protesters on Monday managed ... is seen as a relatively safe investment in times of political and financial uncertainty. The yen rose to a seven-month high against ... ( read original story ...)