The Hong Kong branch of the international HSBC bank is set to continue to work with the authorities on initiatives such as digital currencies for cross-border payments. HSBC Hong Kong …
The soon-to-be-launched enhancements to the cross-border Wealth Management Connect scheme are set to boost sales and capital flows between Hong Kong, Macau and the nine mainland Chinese cities in the …
By Bloomberg Published Dec 22, 2023 2024 is the Year of the Dragon, but it may not be so lucky for luxury brands. Even though Chinese consumers can now travel to …
Finance Minister Chrystia Freeland has approved RBC’s $13.5-billion takeover of HSBC Canada, despite calls from opposition politicians and other groups to block it over concerns of reduced competition. Freeland’s approval …
“As the pressure of inflation recedes, the real interest rate is rising and creating an environment that is too restrictive,” said Raymond Mok, assistant vice-president of investment strategy at KGI …
With a major deadline to repay a pandemic era loan just over a month away, one small business owner says she’s only now being told she was never eligible for …
Hong Kong has reportedly hired a group of banks to help set up a digital hub to issue green bonds using blockchain technology. According to a Bloomberg report, the city …
By Bloomberg Published Dec 16, 2023 For LVMH and other luxury-goods stocks, 2024 is shaping up to be 2023 in reverse. See catwalkLouis Vuitton – Spring-Summer2024 – Womenswear – Paris …
Fed chairman Jerome Powell said the central bank will start cutting rates well before it hits the inflation goal. Fed chairman Jerome Powell prepares to deliver remarks to the Federal …
“The meetings between Hong Kong and the leaders at the Ministry of Finance [on Wednesday] and the meeting with the PBOC governor last month reflect that the central government [in …