A director at the Bank of England has said Britain’s central bank is “open minded” on the use of stablecoins in wholesale ...

Escalating protests this year have led to about $5 billion being pulled from investment funds in Hong Kong -- raising the risk that strain in the Asian financial hub could spread to other parts of ...

LONDON (BLOOMBERG) - About US$5 billion (S$6.77 billion) has been pulled from investment funds in Hong Kong amid escalating political protests in the Chinese territory, according to the Bank of ...

[HONG KONG] The unrest in Hong Kong has led to as much as US$5 billion of capital outflow from investment funds in the Asian financial hub since April, the Bank of England (BOE) said. The flight of ...

The bank, which still operates its Hong Kong offices out of its Norman Foster-designed tower overlooking Victoria Harbor, was criticized in China for cooperating with U.S. investigators in the ...

Hong Kong Plans to Raise Bank Deposit Protection From 2025 Deposit cap will increase to HK$800,000 from HK$500,000 More than 92% of depositors will be covered after change: HKMA ...

Hong Kong's de-facto central bank stepped into the foreign exchange market on Tuesday as the currency hit the top end of its band for a fourth time this month, spurred by a broader selloff in the ...