HSBC Holdings Plc has reportedly hired a senior private banking executive from UBS Group AG where he ran a team serving wealthy Indians who live overseas. Gautam Anand was appointed Global Coordinator ...
Hong Kong Property Market Enters A Great Stagnation
A tussle over valuations between the city’s property developers and the government has resulted in a stalemate that dampens Hong Kong’s economic prospects.
Hong Kong stocks slide to near 3-week low on earnings, China economic woes while small-caps suffer 5% rout in Beijing
Hong Kong stocks fell to near a three-week low on concerns corporate earnings will disappoint investors amid China’s economic slowdown and property market slump. Reports this week may show Chinese ...
Hang Seng May See Renewed Support
The Hong Kong stock market on Friday ended the two-day winning streak in which it had collected almost 180 points or 1.1 percent. The ...
Hong Kong stocks fall, China struggles amid weak recovery, sentiment
Other Asian stocks edged higher, while the dollar was at a three-month low as investors remained convinced that the U.S. Federal Reserve was done with its rate-hike cycle and looked ahead to a crucial ...
Members of Hong Kong pro-democracy party League of Social Democrats face 26 charges over fundraising, banners
Ten members of the League of Social Democrats (LSD), one of Hong Kong’s last active pro-democracy groups, face a total of 26 charges for raising funds and displaying posters without a permit. LSD ...
The Judge behind China’s financial reckoning
Judge Linda Chan presides over an unprecedented wave of Chinese corporate defaults, holding real estate giants like Evergrande accountable. Chan's courtroom decisions, pushing for creditor recovery ...
BoE leads central bank chorus on need for restrictive policy
A top UK central banker on Tuesday emphasised that monetary policy would need to be "restrictive" for some time to defeat inflation, a message echoed by fellow policymakers from Australia and ...
RBI in discussions with US, Hong Kong, Swift on digital bank payments
Current practices involve routing funds through banks using the Swift platform. CBDCs could enable direct settlements between parties, offering advantages such as speed and cost-efficiency ...
Hong Kong October Home Prices Drop to Lowest Since March 2017
HONG KONG (Reuters) - Hong Kong private home prices extended a fall in October, dipping to their lowest since March 2017, official data showed on Tuesday, weighed down by higher interest rates and ...
Hong Kong Cash Demand Sends Local Bank Rate to 16-Year High
A gauge of bank funding costs in Hong Kong jumped to the highest in 16 years, as year-end demand for cash exacerbates an already-tight liquidity environment.Most Read from BloombergRussia Downs Drones ...
HK-linked ELS emerges as time bomb in banking sector
A 58-year-old man, surnamed Kang, recently filed a complaint with the Financial Supervisory Service (FSS) as he faces the risk of losing half of his assets after investing in equity-linked securities ...
HSBC Hires UBS’s Anand For Role Serving India’s Rich Diaspora
Gautam Anand was appointed Global Coordinator for Global India, the Middle East, North Africa and Europe from Dec. 1.
The Hong Kong judge who puts fear into China’s deadbeat builders
Find out more about subscription packages here. IN COURTROOM No. 29, a grey, musty cubbyhole of a space wedged into the heart of Hong Kong’s banking district, Judge Linda Chan presides over China’s ...