Tag: finance

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 ...)

Over the past two decades since its return to the motherland, Hong Kong has retained its previous capitalist system and way of life under the practice of “One Country, Two Systems”. The people of Hong ... ( read original story ...)

HSBC Holdings Plc is shipping senior executives from its London headquarters to Hong Kong to seal a pivot by Europe’s largest lender to Asia. The moves are also stoking some discontent. ( read original story ...)