Tag: finance

HONG KONG, December 12 (Reuters) - Hong Kong's Financial Secretary John Tsang has resigned his post pending an announcement he will run for the city's top job next March, Cable TV news reported on Monday. The resignation ends months of speculation on ... ( read original story ...)

Hong Kong Financial Secretary John Tsang Chun-wah, a potential contender for the city’s top job, has said he “will not fear challenges lying ahead” as long as Hongkongers support him, dropping yet another hint of his aspiration even though he may ... ( read original story ...)

Hong Kong stocks were lower on Friday ... Late in the morning session the Hang Seng Index was down 0.42 per cent, while the Hang Seng China Enterprises Index nudged up 0.2 per cent. Andrew Sullivan, a sales traders with Haitong International Securities ... ( read original story ...)

Hong Kong stocks fell in the morning session on Friday, with casino operators battered by a report saying officials had halved the amount of cash mainland gamblers were allowed to withdraw from ATMs in Macau. The Hang Seng Index shed 0.3 percent ... ( read original story ...)

HONG KONG: Hong Kong stocks ended the morning session on a high, taking the lead from another record close on Wall Street and as investors look ahead to a European Central Bank meeting later in the day. The Hang Seng Index climbed 0.65 percent, or 147.46 ... ( read original story ...)

Dec 9 Hong Kong stocks snapped a three-day winning streak on Friday, with casino shares leading broad market losses following reports that Beijing would put additional limits on ATM cash withdrawals in the gambling haven of Macau. The benchmark Hang Seng ... ( read original story ...)

The win streak has hit three sessions for the Hong Kong stock ... European Central Bank's highly anticipated monetary policy announcement. The European and U.S. markets were up and the Asian markets figure to follow suit. The Hang Seng finished modestly ... ( read original story ...)

and Hong Kong’s Hang Seng 0.6 per cent. In Europe, London’s FTSE 100, Germany’s DAX and the Paris CAC 40 were up by between 0.9 and 1.5 per cent by about 8 a.m. ET, buoyed by reports of a pending rescue plan for an ailing Italian bank. New York ... ( read original story ...)

Chinese stocks traded in Hong Kong rose to a two-month high, riding a global rally on optimism Europe’s central bank will prolong its stimulus program. The Hang Seng China Enterprises Index climbed 0.7 percent to 9,896.82, its highest close since Oct. 7. ( read original story ...)

HONG KONG - Hong Kong stocks ended lower on Friday after a three ... cash mainland Chinese gamblers could withdraw from ATMs in the gaming city of Macau. The Hang Seng Index fell 0.44 percent, or 100.86 points, to 22,760.98. The benchmark Shanghai ... ( read original story ...)

HONG KONG (Reuters) - Swiss private bank Edmond de Rothschild is ... In particular, western banks, battered after the global financial crisis, have faced growing competition from emerging Asian institutions, which have grown their balance sheets and ... ( read original story ...)

HONG KONG (Reuters) - Swiss private bank Edmond de Rothschild (RLD.S) is closing its Hong Kong operations, the bank said in a statement on Thursday, confirming a Reuters report. The Geneva-based bank and money manager, which had assets of 167 billion Swiss ... ( read original story ...)

Hong Kong (HKSAR) - The Hong Kong Economic and Trade Office, London (London ETO), promoted Hong Kong's financial services in the United Kingdom (UK) by hosting a reception for the London-Hong Kong Financial Services Forum 2016 on December 6 (London time). ( read original story ...)

(Bloomberg) -- Tax benefits, government help and easy access to regional markets led Joe Seunghyun Cho to choose Singapore as the headquarters for his six financial technology companies, rather than base them in the rival hub of Hong Kong or his native ... ( read original story ...)