Hong Kong Financial News

05.10 / 04:59

crypto regulation JPEX Hong Kong Crypto Exchange JPEX Launches DAO Stakeholder Dividend Plan Amid Scandal and Arrests

Hong Kong's troubled crypto exchange JPEX has announced plans to move forward with its DAO Stakeholder Dividend Plan.

05.10 / 03:09

Lowe's CME MSCI Nikkei track reports Asian shares come off 11-month lows as Treasuries rally

Asian shares rebounded from 11-month lows on Thursday as a plunge in oil prices and softer U.S. labour data helped pull Treasury yields off 16-year peaks, although a looming U.S. payrolls report could make or break the rally.

05.10 / 03:00

business Law regulation exchanges saga Hong Kong police, regulator form crypto task force as JPEX saga unfolds

The Hong Kong Police Force (HKPF) and the Securities and Futures Commission (SFC) have set up a crypto-focused working group to deal with illicit crypto exchange activities.

05.10 / 02:27

Reuters NIFTY WhatsApp track reports recommendations 5 things that changed for the stock market overnight - Gift Nifty to easing crude oil prices

Nifty 50 closing below 19,500 level. investors will now focus on the Reserve Bank of India (RBI) monetary policy decision to be announced on Friday and the upcoming corporate earnings season. “We expect weakness to persist in the market in the coming weeks till the headwinds recede.

04.10 / 21:51

Blockchain Provident show country innovations CMCC Global Splashes $100 Million on Blockchain Fund Focused on Asian Startups

Asia-based blockchain venture capital (VC) firm CMCC Global has announced the launch of its Titan Fund, committing $100 million to support blockchain startups in the region.

04.10 / 19:23

business Blockchain settlement Hong Kong Stock Exchange launches settlement platform powered by smart contracts

Hong Kong Exchanges and Clearing Limited (HKEX), the operator of The Stock Exchange of Hong Kong, Hong Kong Futures Exchange, and London Metal Exchange, is launching a novel equities settlement acceleration platform. Dubbed "Synapse," the platform will utilize smart contracts in the DAML programming language to streamline post-trade flows and enhance operational efficiencies, according to the October 4 announcement.

04.10 / 13:21

regulation OTC Investment Chainalysis regulatory Hong Kong Emerging as Crypto Hub Amid East Asia's Regulatory Challenges - Is China Reversing Course?

Although Eastern Asia - once a top market - has seen a decline in crypto activity over the past several years, Hong Kong may provide the region with "a potential tailwind," according to research firm Chainalysis.

04.10 / 11:11

Platform economy Adventure hospital reports travelers Department Airbnb contributed ₹1,480 crore to Goa's GDP through guests spends in 2022: Report

₹850 crore) to the gross domestic product and supporting over 11,500 local jobs in 2022 alone, said a new research from Oxford Economics. According to the research, Goa had the largest share of Airbnb guest spending, amounting to a total of $189 million (approx. ₹1,480 crore) in 2022, in areas like purchases on transportation, restaurants, retail stores, and retail stores.

04.10 / 07:27

UPS DOW economy show reports tracking Stock market today: Asian shares are sharply lower, tracking a rates-driven tumble on Wall Street

Asian markets are trading sharply lower after Wall Street tumbled as it focused on the downside of a surprisingly strong job market: the likelihood that interest rates will stay high

04.10 / 07:27

UPS economy country Inside information 2020 China Evergrande soars after property developer's stocks resume trading

Shares of debt-laden property developer China Evergrande Group have soared after they resumed trading in Hong Kong following a suspension last week

04.10 / 05:35

UPS Enterprise APA reports stake Singapore’s Temasek bankers up for $5b sale of Jemena stake

Singapore’s Temasek has hired investment bank Goldman Sachs to find a buyer for its 40 per cent of gas and electricity distribution giant Jemena.

04.10 / 02:29

Reuters NIFTY SENSEX KOSPI reports 6 things that changed for the stock market overnight - Gift Nifty to spike in US treasury yields

Sensex declined 316 points to end at 65,512, while the Nifty 50 fell 110 points to 19,529 on Tuesday. “Given the global concerns of more US rate hikes along with 16-year high US 10-year bond yield and 7-month high Dollar Index, the sentiments remain dented and thus is resulting in profit booking. In the near term, we expect this weakness to persist with stock-specific action," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

03.10 / 23:31

Lowe's Target Tencent country 2020 reports The Glassdoor post that spelt out Airwallex grief

The internal dissent within Airwallex was so intense that senior executives at the global payments giant had to acknowledge the issues in an all-staff meeting at its Melbourne office following an anonymous review that called it “the first company to make me believe suicide is the best course of action”.

03.10 / 23:21

Blockchain Provident Binance Digital economy SoftBank country Dirham-Inspired DRAM Stablecoin Listed on Uniswap, PancakeSwap

Swiss-based blockchain firm Distributed Technologies Resources (DTR) has announced the launch of a Dirham-backed stablecoin, DRAM. The token launched today, October 3, 2023.

03.10 / 20:51

CEO Compilation economy Bill country social exclusive services Financial U.S. falls in new 'financial inclusion' ranking, a global measure of access to financial services, researchers say

«Financial inclusion,» defined as individuals and businesses having access to useful and affordable financial products, has declined in the U.S., according to new industry research.

03.10 / 18:04

Sam Sam Bankman-Fried in the Dock: A Deep Dive into FTX's Bankruptcy and Alleged Crypto Fraud

Sam Bankman-Fried, the former CEO of FTX, is set to face trial in federal court in Manhattan, starting with jury selection today. The 31-year-old is accused of being the architect behind one of the largest financial crimes in U.S. history, following the bankruptcy of his crypto platform FTX.

03.10 / 18:03

Ban Chainalysis Hong Kong's Crypto Advancements Could Boost East Asian Crypto Activity, Says Chainalysis Report

A recent report from Chainalysis suggests that Hong Kong could play a significant role in reviving crypto activity in the East Asian region, which has faced challenges due to a China-wide ban on crypto trading activities since 2019.

03.10 / 15:31

Blockchain Ethereum Binance ETF Gaming Chainalysis Bitcoin Today in Crypto: Kazakh Mining Firms Stop Machines and Ask the President to Cut Energy Prices, Chainalysis Finds 'Notable' Decline in Eastern Asia’s Crypto Activity

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

03.10 / 14:15

Blockchain Stablecoin Adoption defi UAE dirham stablecoin DRAM launches on Uniswap, PancakeSwap

A former MIT alumnus and SoftBank executive has launched a Dirham-backed stablecoin that aims to give countries plagued by high inflation environments exposure to assets linked to the United Arab Emirates’ native currency.

03.10 / 11:35

Action VIX exclusive information travelers Time Arsenal Arsenal faces Lens in crucial Champions League match: Time, streaming, and lineup details

Champions League away game of the season, as Mikel Arteta's side travels to Lens on October 3. After a stellar 4-0 home victory against Dutch giants PSV Eindhoven last month, the Gunners aim to continue their impressive form in Europe's premier club competition. However, the busy match schedule poses a challenge for Arteta, as he strives to maintain a balanced squad for various competitions. Here's what you need to know ahead of this crucial match. Kickoff Time and Viewing Information The Lens vs. Arsenal clash will take place at the Stade Bollaert-Delelis in Lens, France, and is scheduled to kick off on Tuesday, October 3, at 9:00 p.m. local time. For viewers around the world, here are the corresponding kickoff times:

03.10 / 09:23

Provident Mobile Apple Tencent Huawei show Apple enforces new check on apps in China as Beijing tightens oversight

By Josh Ye

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