Tag: finance

Mox Bank, the virtual lender backed by Standard Chartered, expects to double its customer base this year having eclipsed 100,000 account holders in just eight months since its official debut, ... ( read original story ...)

Is turning green just a passing fad or is it an area with huge potential? To me, it's definitely the latter. Economic diversification is certainly a key component of sustainable economic development ... ( read original story ...)

DBS Bank and Contour have expanded their digital trade offerings to four new markets in the Asia-Pacific (APAC) region. As mentioned in a release, digital letter of credit capabilities will be offered ... ( read original story ...)

Hong Kong saw a jump in bookings for coronavirus vaccine appointments after eligibility was widened to all residents aged 16 and older, as the city works to boost inoculation rates seen as crucial to ... ( read original story ...)

City leader Carrie Lam has promised new legislation while police chief calls for more control, but an expert suggests education could be the answer instead. ( read original story ...)

Wells Fargo (WFC) is the latest financial institution to scale down its Hong Kong presence after the city passed a much-loathed, vaguely worded National Security Law that effectively outlaws ... ( read original story ...)

Last July, the company launched WeLab Bank -- the only stand-alone homegrown virtual bank in Hong Kong -- which offers time deposits and numberless debit-card services to local residents. ( read original story ...)

Top Glove Corp, the world’s largest rubber glove maker, cut the size of its share sale in Hong Kong by nearly half of its earlier target. The company, whose shares are traded in Kuala Lumpur and ... ( read original story ...)

Wells Fargo, America’s fourth-largest bank by assets, has been quietly working on a plan to move its Asian regional hub from Hong Kong to Singapore as part of wider restructuring efforts. The move ... ( read original story ...)

Hong Kong’s police chief warned journalists they could be investigated for reporting “fake news.” A newspaper controlled by the Chinese government called for a ban on the city’s biggest pro-democracy ... ( read original story ...)

Tencent-backed We Doctor boasts the country's first e-hospital offering online consultations and more. A mooted $12 bln valuation looks punchy next to rivals focused on lucrative drug sales. We Doctor ... ( read original story ...)

Hong Kong authorities arrested six people suspected of money laundering involving HK$2.5 billion ($322 million), in the latest case to hit the Asian financial hub. ( read original story ...)

Singapore and Hong Kong called off an announcement planned for Thursday on an air travel bubble between Asia’s two major financial hubs, according to people familiar with the matter, the second time ... ( read original story ...)

DAB chief Starry Lee says she is disappointed with the government’s handling of the pandemic and its failure to support low-income groups. ( read original story ...)