City Hong Kong Financial News

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Asian stocks are mixed after U.S. stocks rallied close to their records on the expectation the Federal Reserve will start cutting interest rates soon to help the economy

Allu Sirish, is set to make waves on the OTT platform with his latest film, Buddy. Directed by Sam Anton, this Indian Telugu-language fantasy action film premiered in theaters on August 2, 2024, and will soon be available for streaming on Netflix. When and where to watch Buddy will be available for streaming on Netflix starting August 30, 2024, just four weeks after its theatrical release. The film will be offered in Telugu, Tamil, Malayalam, and Kannada. However, as of now, there is no update on a Hindi version.

Two major hedge funds have cut portfolio managers in Asia. 

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

inter-ministerial panel has cleared five-six investment proposals in the electronics manufacturing sector, which include some pure-play Chinese companies and others with connections to the neighbouring country, people familiar with the matter said. The development is significant as these are among the first such approvals in recent times given border tensions and the scrutiny that investments from China have been attracting in India. Prominent names that have recently got approval include Chinese electronics major Luxshare, which is also a vendor for Apple, and a joint venture (JV) between Bhagwati Products (Micromax) and Huaqin Technology, in which the Chinese company will own a minority stake. Other proposals cleared include some Taiwan-based firms listed in Hong Kong or having investments from there.

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Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Crypto custody platform Bitgo is planning to move the wrapped bitcoin (WBTC) product to its joint venture with Hong Kong-based BiT Global which is triggering a backlash due to Justin Sun’s involvement.

Avengers ride. Disney has revealed details about Avengers: Infinity Defense project which will feature Thanos, as per a Collider report. On the all-new Avengers: Infinity Defense ride, where guests will journey through legendary Marvel landscapes, battling the formidable King Thanos. This immersive experience promises heart-pounding excitement as you team up with your favorite heroes, navigating through stunningly recreated scenes straight out of the Marvel Universe.

Here is the list of award money athletes get for finishing on the podium in Olympics. Hong Kong and Singapore top the list for the highest cash payouts for Olympic victories.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Hong Kong-based Mox, a Standard-Charted backed virtual bank, said Wednesday that it expanded its investment options to include cryptocurrency exchange-traded funds (ETFs). This move positions Mox as the first virtual bank in Hong Kong to offer crypto-related investment products.

Futu Securities International, Hong Kong’s largest online brokerage, has entered the cryptocurrency market by enabling retail cryptocurrency trading.

In the midst of fluctuating global policies and influential endorsements, Bitcoin’s future is drawing intense speculation and interest.

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, started the week on a bullish note, remaining above $69,000.

Hong Kong legislator Johnny Ng has proposed that Bitcoin be used as an official financial reserve for the region.

Interpol has issued a “red notice” for two Hong Kong citizens who promoted cryptocurrency investments and sold crypto mining machines.

Bitcoin (BTC) has struggled to maintain its upward momentum. Recently, it lost traction around the $66,560 level, hitting an intra-day low of $66,416. However, an upward trendline suggests a Bitcoin price prediction.

Hong Kong is introducing a new Bitcoin exchange-traded fund that allows investors to bet against the cryptocurrency, even as the market reaches near 6-week highs.

Hong Kong's CSOP Asset Management said it will launch the CSOP Bitcoin Futures Daily (-1x) Inverse Product on the city's stock exchange on Tuesday morning.