Asian shares shed some of their recent gains on Wednesday as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy. U.S. ( read original story ...)
GLOBAL MARKETS-Asian shares slip as new Hong Kong tensions rise
Asian shares slipped on Wednesday as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy. U.S. President Donald Trump ... ( read original story ...)
Israel Taps Local Desalination Firm IDE Over Hong Kong Rival
Israel on Tuesday chose local company IDE Technologies over a Chinese-linked rival to build the country's largest desalination plant to tackle water shortages in one of the driest parts of the world. ( read original story ...)
S.Korea stocks fall as Trump warns of strong Hong Kong response
KOSPI falls, foreigners net sellers * KRW trades flat against USD * S.Korea benchmark bond yield rises . SEOUL, May 27 (Reuters) - Round-up of South Korean financial markets: ** ... ( read original story ...)
USD/CAD keeps it under 1.3800 as BOC’s Poloz shows readiness for further stimulus
USD/CAD remains on the back foot near the lowest in 11 weeks. BOC’s Stephen Poloz shows readiness to use available tools if the further monetary stimulus is required to meet inflation targets. WTI ... ( read original story ...)
Hong Kong ‘hard to see’ as finance hub if China takes over: W.House
President Donald Trump is "displeased" with China's proposed crackdown in Hong Kong and has doubts over the territory's future as a global financial center if it goes ahead, the White House said ... ( read original story ...)
Hong Kong Protests May Force Bankers Back to Working From Home
Just weeks after thousands of bank staff returned to their desks in Hong Kong, lenders from HSBC Holdings Plc and UBS Group AG to Citigroup Inc. are warning of transport disruptions that may force ... ( read original story ...)
Daimler to invest in Chinese EV battery maker Farasis’ $480 million IPO: sources
Daimler AG plans to invest in Farasis Energy's planned $480 million IPO, aiming to ensure a stable supply of batteries from the Chinese firm as it ramps up electric vehicle production, three people ... ( read original story ...)
WuXi AppTec-Backed Canbridge Taps Morgan Stanley for IPO
Canbridge Pharmaceuticals Inc., a Chinese drugmaker backed by WuXi AppTec Co., is working with Morgan Stanley as it starts early preparations for a planned Hong Kong initial public offering, people ... ( read original story ...)
Is Weakness In Winson Holdings Hong Kong Limited (HKG:8421) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
It is hard to get excited after looking at Winson Holdings Hong Kong's (HKG:8421) recent performance, when its ... ( read original story ...)
How Hong Kong coronavirus testing lab plans to help Cathay Pacific, other airlines revive international travel
Prenetics, the firm testing English Premier League footballers, is now turning to the airline industry to help get travellers moving again. An uptick in air travel could give a significant fillip to ... ( read original story ...)
USD/CAD remains heavy below 1.4000 with eyes on BOC’s Poloz
BOC’s Poloz will testify before the Senate Committee on National Finance on 21:00 GMT. USD/CAD drops to the intraday low of 1.3956 amid the initial Asian session on Tuesday. In doing so, the Loonie ... ( read original story ...)
Hong Kong Finance Has a Security Blanket
China’s decision to impose a national security law on Hong Kong has spurred speculation of capital flight and an erosion of the city’s status as an international financial center. As a venue for share ... ( read original story ...)
Hong Kong Dollar Bears Are Going Up Against High Interest Rates
Fears that capital could flee Hong Kong are visible just about everywhere in the currency market, testing the local dollar’s resilience to economic recession. ( read original story ...)