Tag: banking

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 ...)

Hong Kong has seen two months of anti-government demonstrations that have increasingly impacted day-to-day operations in the financial hub. 10:30 a.m. Hong Kong leader Carrie Lam has defended law ... ( read original story ...)

HONG KONG — Shares in mainland China fell on Tuesday after data showed banks gave out fewer new loans than expected in July to support slowing economic growth, while escalating protests in Hong ... ( read original story ...)

HONG KONG — Chinese shares fell on Tuesday after ... according to data released by the People’s Bank of China on Monday. ** Analysts expect Beijing to allow more easing to energize growth. ( read original story ...)

Hong Kong’s stock market is going through its worst summer since 2012, as fundraising activity dwindled to a single initial public offering (IPO) in August, while a worsening US-China trade war and ... ( read original story ...)

The shock exit of two high-level HSBC executives within a week, including its top executive and the head of key China business, has put the 150-year-old, London-based banking giant under public ... ( read original story ...)

The Hang Seng Index .HSI fell 2.1% to 25,281.30 points ... Local interbank rates HIBOR= have not moved much but a key gauge of cash levels in Hong Kong, banks’ aggregate balances held with the central ... ( read original story ...)

The Hong Kong stock market on Tuesday fell to its lowest level in over seven months, as escalating anti-government protests left the city’s airport in a gridlock on Monday. ** At the close of trade, ... ( read original story ...)

Bank, developer and casino ... Profits for members of the Hang Seng Index are forecast to drop the most since the global financial crisis this year, data compiled by Bloomberg show. Read: Hong Kong ... ( read original story ...)

Hong Kong’s Hang Seng Index HSI, -1.74% fell 1.7% ... but braced for a stumble,” said Vishnu Varathan of Mizuho Bank in a report. On Wall Street, the benchmark S&P 500 had its biggest decline in a ... ( read original story ...)

As she spoke to reporters, her voice cracking with emotion at one point, Hong Kong’s Hang Seng index fell by more than 1 per cent to its lowest level since Jan. 4. The index was down around 1.5 per ... ( read original story ...)

Anheuser-Busch InBev said on Friday it will not proceed with the planned listing in Hong Kong of its Asia Pacific unit, Budweiser Brewing Company APAC Ltd, in what would have been the world’s biggest ... ( read original story ...)

And, that's not all. Despite the unrest in Hong Kong, all eyes in the financial market are glued on the upcoming IPO of e-commerce behemoth Alibaba Group Holding. Experts said that the online ... ( read original story ...)

“Instability in Hong Kong could have ripple effects very easily into China,” Eurasia Group Director for China Michael Hirson told Yahoo Finance’s On The Move. “What we need to watch for is a real ... ( read original story ...)