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Tag: finance

Posted on 09/12/2024

ANZ taps HSBC leader as new chief executive

ANZ has appointed a new chief executive following the resignation of boss Shayne Elliott. The incoming chief executive is Portuguese-born, Nuno Matos, 57, who will relocate from Hong Kong after ...

Posted on 09/12/2024

‘Too early’ to consider slashing civil servants’ pay to cut costs, finance chief says as HK$100 billion deficit looms

It is “too early” to consider pay cuts and salary freezes for civil servants as a cost-cutting measure, Hong Kong’s finance minister has said after an economist made the suggestion as the government ...

Posted on 09/12/2024

OCBC opens new office in Hong Kong as lender plans to hire up to 15% more staff

We conducted a survey and found that 70 per cent of our staff prefer to work in the office instead of working from home,' bank says Singaporean lender Oversea-Chinese Banking Corp (OCBC), the ...

Posted on 08/12/2024

Complete Guide To Investing In The Hang Seng Index

Investing in the Hang Seng Index will allow us to gain exposure to some of the biggest companies that are based in China and Hong Kong ...

Posted on 08/12/2024

How to Get a Hong Kong IP Address From Anywhere in 2024

Trying to figure out how to get Hong Kong IP Address? Learn how to do it with VPN and find the best VPNs to get Hong Kong IP Address ...

Posted on 07/12/2024

MYANMAR-YANGON-BANK OF CHINA-SCHOLARSHIPS

Chinese Ambassador to Myanmar Ma Jia speaks during the awarding ceremony of the Bank of China BOC Scholarship Progr ...

Posted on 07/12/2024

Hong Kong police arrest passenger for allegedly stealing HK$11,000 on flight from Vietnam

Traveller reported cash and bank card missing from bag he had placed in overhead bin, latest in string of similar cases.

Posted on 07/12/2024

Hong Kong’s crypto faithful see regulations as a strength, unsure of ‘unpredictable’ Trump

Hong Kong Chief Executive John Lee Ka-chiu said in opening remarks delivered via video that tokenisation - putting real-world assets on a blockchain - is growing in influence as a key technology in ...

Posted on 07/12/2024

More HSBC senior managers to go as CEO continues overhaul

By Selena Li, Lawrence White and Sinead Cruise HONG KONG/LONDON (Reuters) - HSBC announced a raft of senior management departures and appointments on Thursday, as CEO Georges Elhedery completed the ...

Posted on 07/12/2024

Hong Kong US$2.7 billion infrastructure bond offering is undersubscribed

Hong Kong’s latest offering of HK$20 billion (US$2.7 billion) worth of infrastructure bonds has been undersubscribed, a signal that investors are unimpressed by the available returns. Around 128,000 ...

Posted on 07/12/2024

Hong Kong to introduce stablecoin bill to regulate virtual token, protect stability

The government published the Stablecoins Bill in the gazette on December 6; first reading in the Legislative Council set for December 18.

Posted on 06/12/2024

Bank of China awards scholarships to university students in Myanmar

YANGON, Dec. 6 (Xinhua) -- The Bank of China (Hong Kong) Yangon Branch awarded stipends and scholarships to 100 Myanmar students from the University of Yangon for the first semester of the 2024-25 ...

Posted on 06/12/2024

1 in 6 Hongkongers are eyeing home purchase in next 5 years: HSBC survey

One in six Hongkongers is considering purchasing a home in the next five years and a third of those prospective buyers are entering the market for the first time, a survey by HSBC found.

Posted on 06/12/2024

Jefferies raises target prices, EPS forecasts on Singapore’s three banks, assumes $2 bil buybacks each next year

Jefferies analysts Sam Wong, Joseph Dickerson and Chen Shujin assume $2 billion additional buybacks for each of Singapore’s three banks in FY2025. They remain bullish on the sector's long-term ...

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