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HSBC fined record US$3 million for use of 'unauthorised' agents in MPF recruitment scheme
South China Morning Post via Yahoo Singapore Finance· 3 days agoHSBC, Hong Kong's biggest lender, has been hit with a record fine of HK$24 million (US$3 million) by...
Sidestepping Russia, China shores up new Caspian Sea trade route through Central Asia to Europe
South China Morning Post via Yahoo Singapore Finance· 3 days agoNavigating the waves and ripple effects of regional conflicts that have obscured traditional trade routes and weakened Russian influence in the Central Asian region, China ...
Hong Kong stocks boosted by US rate cut hopes, EV makers surge as EU divided on tariffs
South China Morning Post via Yahoo Singapore Finance· 4 days agoBYD and Li Auto rallied as EU countries hesitated on imposing additional tariffs on Chinese-made electric vehicles. The Hang Seng Index gained 0.1 per cent to 17,988.25 at local noon trading ...
US presidential debate reaction, Jilin park stabbing: 7 reads about US-China relations
South China Morning Post via Yahoo Singapore Finance· 6 days agoBeijing promises not to take Taiwan by force. Washington vows not to work towards overthrowing the Chinese Communist Party. Despite a subdued performance by the incumbent, the debate between ...
How 2 years and Russia's war in Ukraine shifted China's relationship with Central Asia
South China Morning Post via Yahoo Singapore Finance· 2 days agoXi headed back to China on Saturday after stops in Kazakhstan and Tajikistan, former Soviet states that are increasingly reliant on Beijing. Xi's trip began with the annual ...
Hong Kong firms 'cautious' to deploy AI amid challenges in data acquisition, survey says
South China Morning Post via Yahoo Singapore Finance· 4 days agoHong Kong enterprises remain "cautious" about building and deploying artificial intelligence (AI)...
Chinese government entities remain a pillar of Hong Kong IPOs, but foreign investors have not lost...
South China Morning Post via Yahoo Singapore Finance· 6 days agoLocal government entities in mainland China continued to play a significant role in Hong Kong's...
Green light for autonomous vehicles: Beijing unveils biggest regulation in 5 years
South China Morning Post via Yahoo Singapore Finance· 7 days agoBeijing's municipal government has drafted a comprehensive regulation to support and govern the...
HKMA fines DBS Hong Kong US$1.28 million after money-laundering investigation
South China Morning Post via Yahoo Singapore Finance· 3 days agoThe Hong Kong Monetary Authority (HKMA) has fined DBS Bank (Hong Kong) HK$10 million (US$1.28 million) for breaching anti-money-laundering and counterterrorist financing rules. The penalty comes ...
Firms from Middle East, Europe are eyeing Hong Kong IPO thanks to cross-border schemes: UBS
South China Morning Post via Yahoo Singapore Finance· 6 days agoMany international companies are keen to float their shares in Hong Kong as the cross-border trading links with mainland China make the city the "ideal IPO market", according ...