Hong Kong authorities arrest seven individuals involved in a massive money-laundering scheme worth HKD 14 billion, connected to a mobile app scam in India....
India's National Stock Exchange has surpassed Hong Kong, securing the seventh position in the global stock market hierarchy, as optimism surrounding India's economic trajectory intensifies. According to recent data from the World Federation of Exchanges, India's market capitalization stands at $3.989 ...
Shares soared more than 7% in Hong Kong on Friday after a Communist Party newspaper reported that local officials were being urged not to impose overly burdensome controls to curb coronavirus infections. The Shanghai Composite index jumped 2.6% as sentiment also ...
The US has sanctioned a United Arab Emirates-based firm and several Asian companies for facilitating the illicit sale of millions of dollars' worth of Iranian oil for shipment to East Asia. The Treasury Department's Office of Foreign Assets Control on Monday ...
Hong Kong's Fung Shing Restaurant was bustling this week as customers came for one last taste of the traditional Cantonese dim sum that has made it famous. With COVID restrictions cutting too deeply into its bottom line, the restaurant will ...
The Hong Kong Stock Exchange said it was hit by technical problems Thursday as a wave of brief internet outages appeared to hit dozens of financial institutions, airlines and other companies across the globe. At 12.53 pm (0453 GMT), the Hong ...
US banks Goldman Sachs JPMorgan and Morgan Stanley will be delisting 500 Hong Kong-listed structured products, following a US ban on investments in companies Washington deems linked to China's military. The products are linked to telecom companies China Mobile, China Telecom ...
For its wealthy clients, Julius Baer Group Ltd compiled a list that ranks 28 cities around the world to purchase luxury goods and services. The research report published on Thursday named Hong Kong as the most expensive city in the world. ...
The rupee resumed trade on Wednesday on a still weaker note declining as much as 29 paise at 71.75 in comparison to Monday's close of 71.46. Rupee in the light of positive developments on the US-China trade deal front as well ...
Gold prices are on a declining spree ever since it hit the Rs. 40000 level mark per 10 gm in India in late September. This is after influence from the global rates which are also below the key levels of $1500 ...
Affected by more than five months of relentless anti-government protests, Hong Kong has officially fallen into recession. According to the city's Financial Secretary Paul Chan, it is unlikely that Hong Kong will achieve annual economic growth this year. "The blow ...
It is only three months time since when the Hong Kong crisis deepened when the people of the country came in protest of a government proposal that would allow extraditions to mainland China, but now the bill remains suspended. While, the ...