Let's take a look at what this could mean for cryptocurrencies like Bitcoin (BTC) and Cardano (ADA), as well as an innovative concept with a new token called SignUp Token.
Hong Kong’s status as shopping paradise is fading. Can it bank on Cantonese food to entice tourists?
Hong Kong is losing its global reputation as a shopping paradise, but its Cantonese food still gives the city a distinct advantage over rivals in the crowded Asian tourism market, visitors from ...
Analysts tip Cainiao to be first Alibaba unit to IPO given its supporting role in e-commerce giant’s overseas growth
Despite the gloomy global economic situation and supply chain risks last year, Cainiao has been expanding its international logistics network.
How bank crisis in US may benefit Indian, other Asian banks?
Bank crisis in US: The US-led banking turmoil is driving money into Asian assets, with investors betting that China and the region’s emerging economies are in a better position to weather the fallout.
Fewer applicants, more resignations for Hong Kong’s disciplined services over past 5 financial years
Applicants shrank 55 per cent from 93,300 in financial year ending March 31, 2019, to 42,100 in 2022-23 Total of 729 people resigned in 2022-23, 44 per cent more compared with 507 in 2018-19 Fewer ...
Fewer applicants, more resignations: Hong Kong’s disciplined services reveal recruitment figures for past 5 financial years
Applicants shrank 55 per cent from 93,300 in financial year ending March 31, 2019 to 42,100 in 2022-23 A total of 729 people resigned in 2022-23, 44 per cent higher compared with 507 in 2018-19 Fewer ...
What is the Taskforce on Nature-related Financial Disclosures? Why does its draft framework matter to businesses in Hong Kong?
The final draft of the Taskforce on Nature-related Financial Disclosures (TNFD) framework is a "much-needed" tool to help companies address the challenge of global biodiversity loss and the impact of ...
China-Hong Kong Swap Connect: Authorities Pave Way for Launch with Approval of Rules, According to Reports
Authorities have reportedly approved rules for the Swap Connect, enabling overseas investors to access the Chinese interest rate swap market.
Hong Kong online brokerage TOP Financial stock sinks 26%
Shares of Hong Kong-based online brokerage TOP Financial (NASDAQ:TOP) tumbled 26% in afternoon trading Wednesday. TOP shares opened at $6.70, hitting a high of $7.20 in late morning trading before ...
Luxury villa on Hong Kong’s The Peak up for tender, could fetch as much as US$122.5 million
However, Hong Kong's major lenders did not follow suit. HSBC and Bank of China (Hong Kong) kept their best lending rates unchanged at 5.625 per cent, while Standard Chartered kept its prime rate ...
HK’s BEA shares decarbonisation and sustainable development efforts in 2022
The bank was able to cut operational emissions by 29.7%. The Bank of East Asia has reaffirmed its commitment to reach net zero emissions in its operations by 2030 and its financed activities by 2050, ...
Hong Kong central bank buys over $905m to shore up currency
HONG KONG (Reuters) -- Hong Kong's de facto central bank bought $7.104 billion Hong Kong dollars worth of U.S. dollars ($905 million) during New York's Monday trading hours to stop the local currency ...
Paper packaging maker Millennium Group stock falls 24% after $5M IPO
Millennium Group International (NASDAQ:MGIH), a maker of paper packaging products in Asia, saw its stock sink 24% in afternoon trading Tuesday after holding a $5M US initial public offering. Shares of ...
Italian financial consultant in Hong Kong duped out of HK$14 million in bogus cryptocurrency investment as part of love scam
Man, 55, had responded to Tinder message from con artist pretending to be female investment broker in Singapore.