08/12/2020
The worst-hit sectors were construction (-59.3 percent y-o-y), transportation and storage (-39.2 percent y-o-y), accommodation and food services (41.4 percent y-o-y) and business services (-20.2 percent y-o-y).
08/12/2020
Jeneration oversees $2.5 billion of asset for families, funds
08/12/2020
That view has been reinforced by signs of tacit support from Beijing, including record purchases of Hong Kong stocks by Chinese funds and a spate of high-profile listings by the nation’s technology giants.
08/12/2020
Overall workforce confidence has fallen over the past fortnight, driven by Victoria being placed back into lockdown.
08/12/2020
The report on personal budgeting apps found that banks have the upper hand over app providers in terms of access to account information.
08/11/2020
Elsewhere, high-frequency indicators from purchasing mangers’ surveys to fuel sales show growth plateauing in July. And that’s not all.
08/10/2020
Turning to rebuilding manufacturing sectors, Mr Khor said the best way to minimize supply chain disruptions was to diversify and become more resilient.
08/07/2020
Fitch rates more Islamic banks than any other global credit rating agency, covering more than 35 Islamic finance-based issuers worldwide and more than 140 outstanding Islamic finance instruments.
08/07/2020
According to Steve Tsang, director of the China Institute at London-based SOAS university, the risks in Hong Kong will not be limited to just HSBC.
08/07/2020
Despite the uptrend in inflation, expectations of subdued domestic demand due to high unemployment, falling overseas remittances
08/07/2020
But most platforms are products.
08/06/2020
The Kwoks’ shrinking fortune underscores growing doubts about Hong Kong’s future.
08/06/2020
The foreign ministry spokesperson notably made a decision in his comments to spotlight Switzerland’s financial sector and specifically name one bank, in particular, as a beneficiary.
08/06/2020
“After weeks of research, we believe there is currently a strong case for investing in Asian high yield bonds.
08/06/2020
These efforts have been generally well supported by a robust and consistent approach from the regulators.
08/05/2020
Weakening profits (65 percent pre-tax profit plunge in the first half) and rapidly worsening U.S.-China relations are further ensuring that the bank increasingly cannot afford the buffer to always simultaneously appease both sides.
08/05/2020
Junior BDMs can expect to be paid anything from $95,000 to $170,000, depending on where they sit in the sector.
07/31/2020
That’s as regional banks’ profitability is expected to take a hit in the next few years from low interest rates, rising credit costs and operating expenses.
07/31/2020
The comments from Standard Chartered come days before rival lender HSBC is due to publish its own half-year earnings.
07/31/2020
"The government doesn't give people lectures about how they should spend their money that is not the sort of government we are."