Asia markets mixed on U.S. trade tariffs and rates jitters; Alibaba fuels Hong Kong rally
Asia-Pacific markets trade in a tight range on Friday amid persistent concerns over U.S. trade tariffs and high for longer ...
Beijing allows Hong Kong banks to issue credit cards on mainland from March 1
The new rules will benefit lenders such as HSBC, Standard Chartered, Bank of East Asia and Hang Seng Bank, analysts say.
Mainland branches of HK, Macao banks to offer cards: NFRA
Starting on March 1, bank branches of institutions from the Hong Kong and Macao special administrative regions (SARs) in the ...
Hong Kong shares hit three-year highs as investors weigh Japan inflation data, Trump tariff threats
Investors will be keeping an eye on the Japanese yen, which rose to a more than two-month high of 150.52 per U.S. dollar on ...
Hong Kong ‘crucial’ for promoting yuan’s growing role in international finance: officials
Already the world’s biggest offshore yuan hub, city’s role will increase as liquidity and uses expand, officials and experts ...
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Standard Chartered leads Hong Kong’s Stablecoin push with Animoca & HKT
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...
New World Picks Trio for Loan to Refinance $7.5 Billion of Debt
Cash-strapped Hong Kong developer New World Development Co. has picked three banks to arrange a loan to refinance HK$58.1 ...
China is likely to cut its benchmark policy rate next month, economists say, after PBOC keeps LPR steady
The PBOC has in recent months sought to defend the yuan as it faces downward pressure amid threats of higher tariffs.