Three recent bank failures in the U.S. have investors on edge ... but fewer than one in five workers belongs to a union. The Hang Seng in Hong Kong jumped 1.5% to 19,539.87. The Kospi in Seoul surged ...
Bank Failure a Headache for China’s Tech Sector
It's not clear where Chinese firms will move their money now that their 'go-to' tech bank collapsed. Asian markets breathed the sigh of a relief rally on Wednesday, as the fallout from the failure of ...
Hong Kong Shares May See Renewed Support
The Hong Kong stock market turned lower again on Tuesday, one session after snapping the four-day losing streak in which it had ...
Hang Seng climbs 2%, leading gains in Asia-Pacific after Wall Street sees bank stocks rebound
Hong Kong's Hang Seng index led gains in the region and rose above 2% ... CNBC's Alex Harring and Sarah Min contributed to this report. Bank stocks in Singapore and South Korea rose across the board ...
HSBC, AIA, Country Garden lead decline in Hong Kong stocks as Hang Seng Index hits lowest level since December
HSBC falls by nearly 5 per cent after it announced on Monday it will buy Silicon Valley Bank's UK subsidiary Positive remarks about economic growth by new Chinese Premier Li Qiang do little to spur ...
Asian markets sink amid US banking woes
Asian markets sank on Tuesday, with banks bearing the brunt of the selling on fears of contagion in the sector after the collapse of two regional US lenders.The swift closure of Silicon Valley Bank ...
Livi bank opens for businesses
Hong Kong’s leading lifestyle and technology-driven virtual bank, today announced the full launch of livi Business, its game-changing service designed to empower SMEs (small and medium enterprises) to ...
European markets mixed, Asian shares fall amid bank worries
European markets are mixed after a broad retreat in Asia as investors watch to see what's next following the second- and third-largest bank failures in U.S. history ...
China’s finance minister backs Hong Kong ‘broadening international cooperation’ as he speaks highly of John Lee during Beijing meeting
Chinese finance minister Liu Kun also says Hong Kong's economic vitality has been revived under Chief Executive John Lee and hopes to 'also learn' from city leader High-level exchange marks first ...
Hang Seng Index crash: There is an ill wind blowing
The Hang Seng index sell-off gained steam on Tuesday as fears of a global contagion spread. The closely watched index plunged by almost 2% ...
HSBC, AIA, Country Garden lead decline in Hong Kong stocks as Hang Seng Index heads for lowest close since December
HSBC falls by more than 5 per cent after it announced on Monday it will buy Silicon Valley Bank's UK subsidiary Positive remarks about economic growth by new Chinese Premier Li Qiang do little to spur ...
HSBC’s share price hit amid criticism of SVB UK purchase
HSBC's Hong Kong shares fell more than 6% at one point in Tuesday morning trading, following a 0.18% drop on Monday, the day the bank announced it had agreed to purchase Silicon Valley Bank UK for 1 ...
China’s finance minister backs Hong Kong widening ‘international cooperations’ as he speaks highly of John Lee during Beijing meeting
Chinese finance minister Liu Kun also says Hong Kong's economic vitality has been revived under Chief Executive John Lee and hopes to 'also learn' from city leader High-level exchange marks first ...
Asian markets tumble as SVB fallout fears rattle banking sector
Asian stocks fell broadly on Tuesday, dragged down by banking shares, as fears over the fallout of Silicon Valley Bank's collapse gripped the market despite US government efforts to stabilize the ...