More than half of banks took full responsibility and refunded losses, which only 44 per cent of customers expected, FIS research says Banks in Hong Kong are doing a better job than expected at taking ...
Dow, S&P 500 close at record highs after Federal Reserve’s supersized rate cut
Stocks jumped Thursday as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut. The Dow rose 633 points, or 1.5%, on Thursday afternoon to pass 42,000. The S&P 500 gained 2 ...
Hong Kong bank sues estate of deceased man behind legal fight for same-sex rights
A Hong Kong bank is suing the estate of a deceased man behind two court challenges against discriminatory housing and inheritance policies targeting same-sex partnerships, with the latest case ...
Hang Seng Bank reduces lending rate, deposit rates
Its prime lending rate and deposit rates are now 25 basis points lower. Hang Seng Bank has reduced its Hong Kong dollar prime lending rate and Hong Kong dollar savings deposit rates. Its prime lending ...
Hong Kong banks’ fraud responses beat customer expectations, survey finds
More than half of banks took full responsibility and refunded losses, which only 44 per cent of customers expected, FIS research says.
Primega Group Holdings: Another Overvalued Chinese Micro-IPO Poised To Drop
Primega could be the next shoe to drop after the stock exhibited initial weakness earlier this week. Find out why I initiate PGHL stock with a strong sell.
Viking returns to China with a cruise from Shanghai to Hong Kong
Viking Holdings Ltd. (NYSE:VIK) announced that it returned to China after the Viking Yi Dun completed the ship's first voyage from Shanghai to Hong Kong. The cruise line operator said its new ...
Blockdaemon mulls 2026 IPO: Report
Richter reportedly told Bloomberg he prefers to list Blockdaemon in Hong Kong, rather than in the United States ... has already submitted a draft IPO registration to the US Securities and Exchange ...
Stock market today: Wall Street joins a global market rally after the Fed’s big rate cut
Wall Street is roaring toward records as a delayed reaction of jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 was 1.6% higher in early trading Thursday and above its all-time closing high set in July.
FS calls on Ministry of Finance
Mr Chan thanked the Ministry of Finance for its staunch support to Hong Kong in various areas. He then had in-depth exchanges with Mr Lan on the economic and financial situations of the Mainland, Hong ...
Hong Kong Makes First Rate Cut Since 2020, Boosting Economy
Hong Kong’s beleaguered real estate market looked set for some relief after the city cut its base interest rate for the first time since 2020, mirroring the Federal Reserve’s policy easing.Most Read ...
Midea’s Shares Jump on Hong Kong Debut After Raising $4 Billion
Shares of Chinese appliance maker Midea Group Co. rose in their debut after Hong Kong’s biggest listing in three years, reviving hopes of a turnaround for the city’s struggling market.
Two Hong Kong men jailed for seditious acts under new security law
A Hong Kong judge on Thursday jailed two men in the city's first sedition cases under a new national security law - one for wearing a shirt with a protest slogan and another for writing similar ...
India IPO frenzy continues as NTPC Green Energy plans $1.2 bn listing
The IPO boom comes as India's rapid economic expansion makes it a bright spot amid challenges facing peers such as China ...