12/30/2019
Many brokerage firms froze salaries and reduced bonuses in early 2009 after the global financial crisis hit the local economy, and the Hang Seng Index plunged.
12/30/2019
Lime Asset invested in U.S. fund halted by SEC: Korea’s FSS
12/30/2019
This has done little to discourage anti-government sentiments and, by one estimate, has led to as much as 80 percent of staff in some Hong Kong-based financial firms to participate in protests.
12/30/2019
This compares with 2-4 percent pay hikes at HSBC in recent years, the report added, while bonus payouts have not been decided.
12/30/2019
So, we welcome SMEs to come to Islamic banks and try to get accredited to this financing,” she added.
12/30/2019
Each of the parties accepted that they failed to comply with the Code on Share Buy-backs and consented to the disciplinary action taken against them.
12/30/2019
The SFC also found that FIMHK, when applying to the SFC for a new fund authorization in March 2017, submitted an incorrect information checklist based on an outdated template.
12/29/2019
Wide-ranging overhaul is ‘most significant revision of securities law in history’
12/29/2019
Collaboration between Hong Kong and Thailand is expected to help companies save costs incurred in cross-border payments
12/27/2019
Death sentence for embezzling $110m likely to be commuted at end of 2-year reprieve
12/27/2019
The country's business community voiced concerns that the NPS could unduly interfere in business operations.
12/27/2019
The move by Bank Negara Malaysia comes as regulators across Asia opening up banking sectors to new digital players using technology to offer financial services.
12/26/2019
In Singapore, the rejection rate for the regulatory sandbox project was as high as 90 per cent
12/26/2019
The income level for reducing pensions for workers aged 60 to 64 will be changed from over ¥280,000 a month to over ¥470,000. The new income threshold will be equal to the existing one for workers of 65 or older.
12/26/2019
The new equity exchange will be organised and run by the Stock Exchange of Thailand," she says in the December 22 report.
12/26/2019
This can be achieved mainly through improvements in business efficiency and a focus on well-known business segments.
12/26/2019
The three digital banks were awarded licences in July and are expected to start operating in the first have of the new year.
12/25/2019
She said that it has already been judicially established that the Marcoses have ill-gotten wealth or illegally acquired properties. But the question remains as to which assets and properties are part of such illegally-acquired wealth.
12/25/2019
The fines come as part of a continuing crackdown on trust firms’ misconduct, which includes illegally fueling off-balance-sheet lending via the so-called “channeling business
12/25/2019
Chatbots are one of the top three most popular applications among the 27 listed in HKMA survey.