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...
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.
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...
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...
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...
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...
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...
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...
In Case You Missed It
Login
SCMP.com Account
or
Log in using a partner site
Log in using your Facebook account. What's this?
Don't have an SCMP.com account? Subscribe Now!


















