Taiwan's central bank is holding yuan in its foreign exchange reserves portfolio, governor Perng Fai-nan said yesterday in recognition of the growing globalisation of the yuan and the importance...
- Thu
- Oct 3, 2013
- Updated: 2:12am
A US securities industry watchdog has proposed new rules to monitor transactions in “dark pools” run on alternative trading systems (ATSs).
Critics blame the growth of these rivals to...
1:51PM
Qianhai first, Hong Kong next? While Hong Kong officials have been concerned about the impact of Shanghai's free-trade zone, it seems it is already stealing business from Qianhai.
10:58AM
The year so far in bonds could be described this way: busy, busy, dead, busy. The first five months of the year were highly active, only for issuance volumes to get shoved off a cliff in late May...
3:02AM
CMB acquired Wing Lung for HK$19.3 billion at a 2.9 price-book ratio. Five years on, and after meeting internal management and external economic challenges, Wing Lung has 44 branches in Hong Kong...
4:00AM
The European Union is weighing up whether a €50 billion (HK$524 billion) rescue fund can be turned into a backstop for banks in member states outside the single-currency bloc, two EU officials...
5:04AM
A commission price war raging among brokerages prompted Sun Hung Kai Financial's move into wealth management, but the diversification strategy is opening up new battles for one of the oldest names...
4:00AM
Singapore's United Overseas Bank and Australia & New Zealand Banking Group are believed to be considering a bid for Hong Kong's Wing Hang Bank. Wing Hang, which has a market capitalisation of...
5:21AM
Some activities of asset managers could pose risks to the broader marketplace, according to a study released by the US Treasury Department on Monday that boosted the likelihood the largest such...
10:54AM
2:27PM
In Case You Missed It
23 Sep 2013
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