The time is ripe for mid-term investors to find some bargains on the local stock market, now that a significant pullback since the beginning of this year has made shares fairly cheap, Standard...
Standard Chartered Bank
Standard Chartered is headquartered in London, but around 90 per cent of its profits come from Africa, Asia and the Middle East as of 2012. Its name is derived from the two banks from which it was formed in a merger in 1969: The Chartered Bank of India, Australia and China, and Standard Bank of British South Africa.
Shares of Hong Kong developers fell yesterday after three major banks raised mortgage rates by 25 basis points amid mounting risk in the property market.
The latest increase in mortgage rates in more than a year may offer some small banks a rare opportunity to grab a greater market share if they continue to hold their rates for some time.
Peter Sands, the chief executive of the British bank, said the mainland would be one of the drivers for the group in the coming years.
From today, HSBC's best lending rate for new home loans will rise to 2.85 to 3.15 per cent, from 2.6 to 2.9 per cent. Standard Chartered has also raised rates from today.
The Hong Kong Amateur Athletic Association said the annual showpiece had reached bursting point with room only for 2,000 more runners this year. The total entry was a record 72,000, with nearly 7,...
A former Standard Chartered Bank teller who stole over HK$2 million from depositors - after committing similar offences at another bank - was jailed for two years and eight months yesterday.
DHL and the South China Morning Post announced the winners of the 23rd Hong Kong Business Awards last night, showcasing business leaders and companies successfully coping with the still stormy...
Standard Chartered Bank plans to invest HK$1 billion to set up a "Greater China private banking hub" in Central after it agreed to lease the entire space at The Forum in Exchange Square.
Standard Chartered Bank shares fell the most in seven weeks yesterday after news that its largest shareholder, Singaporean wealth fund Temasek, is looking to divest its holding.
With Standard Chartered running into trouble over its dealings with Iran, potential poachers are circling the bank's Asia-based staff aiming to pick up talent.
Investors in Hong Kong cheered news that Standard Chartered bank had reached a settlement with New York financial regulators by sending the British bank's shares higher, in a weaker overall stock...