Hong Kong Financial News
20.03 / 02:55
Citi
Citizens
Action
security
Bill
President
rights
Hong Kong lawmakers unanimously approve security law giving government more power to curb dissent
Hong Kong’s lawmakers unanimously passed a new national security law that grants the government more power to quash dissent in the southern Chinese city
20.03 / 02:55
19.03 / 21:25
Blockchain
ETF
Bitcoin
CoinShares Report: Investors Remain Bullish on Bitcoin Despite Market Downturn
A report by CoinShares on the performance of Bitcoin investment products sheds new light on how the recently launched spot Bitcoin ETFs, together with bullish investment, have helped the products post all-time high inflows last week.
19.03 / 14:55
markets
UPS
security
country
2020
reports
China's stock watchdog fines property developer Evergrande, slaps lifetime ban on its chairman
Troubled property developer China Evergrande Holding says Beijing's stock watchdog has fined it 4.2 billion yuan ($333.4 million) for allegedly falsifying its revenue, among other allegations
19.03 / 13:09
markets
UPS
Citi
Aware
country
Department
SBI to shift global back office from Kolkata to Mumbai
State Bank of India is likely to shift its centralised global back office and some other foreign exchange related departments from Kolkata to Mumbai, the country's financial capital, in yet another move to centralize operations. The back office was set up in 2015 in the City of Joy when Anundhati Bhattacharya was the chairperson of the bank. The back office works 22x7 to cater to customers in Sydney, Bahrain, Hong Kong, London and New York. The bank has not formally announced the move but started preparing grounds for it, three people aware of the development said.
19.03 / 02:45
19.03 / 02:29
markets
Apple
Tesla
NVIDIA
Trade
reports
recommendations
Indian stock market: 7 key things that changed for market overnight - Gift Nifty, US tech stocks rally to oil prices
Sensex gained 104.99 points, or 0.14%, to close at 72,748.42, while the Nifty 50 settled 32.35 points, or 0.15%, higher at 22,055.70. “We expect the markets to consolidate over the next few days while the broader market may continue to remain subdued," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — March 19 Here are key global market cues for Sensex today: Asian markets traded lower on Tuesday ahead of the monetary policy decision from the Bank of Japan which is expected to end its negative interest rate policy after 17 years.
18.03 / 22:13
18.03 / 15:57
markets
UPS
Tesla
NVIDIA
Nikkei
Micron
World markets today: US stocks rally, megacaps lift Nasdaq higher
ALSO READ: Wall Street week ahead: All eyes on Federal Reserve’s interest rate decision Tesla jumped 2.8 per cent after the electric carmaker announced that it would raise the price of its Model Y EVs in Europe. Nvidia advanced 3.8 per cent as the chipmaker kicked off its annual developer conference on Monday. Micron Technology and Intel rose 2.3 per cent and 1.1 per cent, respectively.
18.03 / 10:23
markets
UPS
Manufacturing
economy
pandemic
show
reports
China's economy shows signs of improvement, but its property sector is still in the doldrums
China has reported its manufacturing and investment improved in the first two months of the year, while weakness in the property sector weighed on the economy
18.03 / 10:23
markets
UPS
economy
Trade
show
reports
Asian stocks
Stock market today: Asian stocks gain ahead of US and Japan rate decisions
Asian stocks are higher ahead of policy decisions this week by Japan's central bank and the Federal Reserve
18.03 / 10:23
17.03 / 23:25
17.03 / 23:25
UPS
Target
Action
economy
country
electronic
'No time to waste': Japan Inc set to step up outbound M&A
By Makiko Yamazaki, Scott Murdoch and Kane Wu
16.03 / 22:45
15.03 / 19:31
markets
Provident
Platform
security
Trade
MEXC
MEXC is Operating Without License in Hong Kong, Regulator Warns
The Securities and Futures Commission (SFC) of Hong Kong has issued a warning regarding the illegal activities of crypto exchange MEXC, which does not comply with current Hong Kong crypto regulations and operates without a license.
15.03 / 14:05
Man
WhatsApp
Research
stage
track
reports
testing
Chinese satellites heading to moon fail to reach orbit after rocket falters
Chinese satellites failed to reach a planned orbit on their way to the moon after experiencing abnormalities, a rare setback for Beijing's high-profile space programme. The satellites, known as DRO-A and DRO-B, were launched on Wednesday evening from the Xichang Satellite Launch Centre in the Sichuan Province, the launch centre said in a press release on Thursday. They were carried by A Yuanzheng-1S (Expedition-1S) upper-stage aircraft, attached to a Long March-2C carrier rocket, it said.
15.03 / 10:13
15.03 / 10:13
15.03 / 09:53
HKMA
e-HKD
Hong Kong Gears Up for e-HKD: Phase Two Pilot Seeks CBDC Use Cases
Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), announced today the launch of the second phase of its e-HKD pilot program.
15.03 / 02:29
markets
Reuters
Trade
track
reports
recommendations
Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US producer prices to oil price rally
Sensex gained 335.39 points, or 0.46%, to close at 73,097.28, while the Nifty 50 settled 148.95 points, or 0.7%, higher at 22,146.65. “We expect broader market volatility to continue in the near term, thus, retail investors should take this correction as an opportunity to accumulate quality names in 3-4 tranches. We suggest to make a higher allocation towards largecaps as valuations are comfortable along with steady growth prospects," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
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