UBS has cut around 70% of the Hong Kong-based staff headcount at Credit Suisse's securities research unit, two sources with direct knowledge of the matter said, as the two Swiss banking giants move ...
China, Hong Kong stocks drop on hawkish US Fed stance
HONG KONG: China and Hong Kong stocks slipped on Thursday as risk sentiment took a blow after the US Federal Reserve’s hawkish policy statements signalled another rate hike by year-end and much ...
Hong Kong central bank leaves interest rate unchanged, tracking Fed
The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a decision by the U.S. Federal Reserve to keep rates ...
First Hong Kong-made satellite set to launch in November from Guangdong province, company reveals
and providing support for start-ups. How Minecraft inspired one Hong Kong student to pursue his passion for tech and develop an AI tool for public hospitals The centre, owned by Shenzhen-based New ...
Hong Kong Says It Calls the Shots, Not Beijing. Investors Are Wary.
Its close ties to Beijing are putting the city, still an international financial hub, in a bind as it lures Western investors to revive its economy.
A blow to liberty: Hong Kong is no longer No. 1 in economic freedom
After Hong Kong businessman Jimmy Lai was forced to sell his Asian clothing business because of his criticisms of Chinese leader Li Peng, Mr. Lai created the Apple Daily media company to advocate for ...
Hong Kong Central Bank Leaves Interest Rate Unchanged, Tracking Fed Move
HONG KONG (Reuters) - The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a move by the U.S. Federal ...
Singapore: Sumsub Collaborates with dtcpay to Bolster Digital Currency Transaction Security
Sumsub, an international verification platform, has entered into a partnership with dtcpay, a prominent payment service provider based in Singapore. This ...
Where are the expats? Hong Kong’s talent drive fails to bring back foreigners, and it’s worrying some experts
There has been an influx of mainland Chinese after Hong Kong pulled out the stops to woo talent, but foreigners have been slow to return. In the second of a two-part series, Laura Westbrook and Lars ...
Jimmy Lai’s son fears Hong Kong media mogul may die in detention while awaiting trial
The son of jailed Hong Kong media mogul and prominent pro-democracy activist Jimmy Lai said Wednesday he did not want to see his father die in detention, as his lawyers raised the prospect that his ...
How Hong Kong Authorities Are Using National Security Law to Target Dissidents
Three years have passed since Beijing enacted the National Security Law of Hong Kong (NSL). And throughout this period, the city’s authorities have been using the law in parallel with established laws ...
Hong Kong’s fearsome fencers tough to foil
Cheung Ka-long won gold at the pandemic-delayed Tokyo Games two years ago — Hong Kong's first Olympic fencing title and first Olympic gold in any sport after China resumed sovereignty over Hong Kong ...
A Hong Kong Property Billionaire With a Big Family Dilemma
From CK Asset Holdings Ltd.’s Li Ka-shing to Henderson Land Development Co.’s Lee Shau-Kee, Hong Kong’s fabulously wealthy tycoons have for decades dominated the city’s property and retail sectors.
HSBC Said to Suspend Remittance Services to/ from Russia/ Belarus for HK Corporate Clients
Short selling $257.02M; Ratio 35.080% will suspend its remittance services to and from Russia and Belarus for its corporate clients in Hong ...