The working group will do roadshows and update industry players on new policies and regulatory measures in Hong Kong, association says The Hong Kong Association of Banks (HKAB) plans to form a working group this quarter to draw up measures to attract more emerging-market customers to the financial hub and support the city's role as an offshore yuan centre.
A rate divergence between the US and China erodes the city’s lure as a cheap place for companies to raise funds. It’s time to move on.
Consumer price index delivers ‘a pleasant surprise’ and suggests ‘gentle easing of persistent inflationary pressures’, investor says.
HONG KONG (AP) — Asian stocks were mixed Wednesday followed Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of market-boosting rate cuts by the Federal Reserve. U.S. futures and oil prices were little changed. Tokyo’s Nikkei 225 index edged 0.1% higher to 38,505.54.
Massachusetts Senator Peter Durant wants the state to establish a strategic Bitcoin reserve amid global clamor for the coin.
Asian markets are mostly lower after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity
The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward pressure on the yuan, analysts say.
The Hang Seng in Hong Kong added 0.2% to 19,264.46 after ... The fear is that all the strong data will convince the Federal Reserve to deliver less relief this year through lower interest rates.
Global stocks gained on Wednesday as a flurry of new policies from U.S. President Donald Trump combined with robust corporate earnings to
Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than initially feared.
The absence of any immediate imposition of broad tariffs in the wake of President Trump’s inaugural speech also provided some relief to equities.
The card earns bonus points for travel and dining-related spending, which can be redeemed for more value through Chase. It piles on the perks, too, but they come at a price. With a big sign-up ...