Hong Kong Financial News

29.09 / 19:15

CBDC Adoption Digital Currency Europe European Union Euro Georgia preparing limited live CBDC pilot, considering Ripple among tech providers

The National Bank of Georgia (NBG) has announced that it will advance its research on a digital lari central bank digital currency (CBDC) in a limited-access live pilot environment. Nine companies, including Ripple Labs, will take part in the project, and one of them will be selected to move forward to the next stage of testing.

29.09 / 12:11

regulation Fraud fraud case Hong Kong and Macau police seize over $2.8M related to JPEX fraud case

Authorities in Hong Kong and Macau have recently revealed arrests connected to the JPEX crypto exchange fraud case and highlighted that they are currently tracking down several other suspected figures.

29.09 / 12:05

UPS DOW economy DAX reports Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday

Shares are higher in Europe after a mixed day of sparse trading in Asia, where many markets were closed for public holidays

29.09 / 12:05

Citi Booking economy pandemic country travelers Millions take to China's railways, roads, air for autumn holiday

Many millions of Chinese tourists are expected to travel within their country, splurging on hotels, tours, attractions and meals in a boost to the economy during the 8-day autumn holiday period that began Friday

29.09 / 11:01

Airlines Cathay Cathay Pacific buys 32 Airbus A321-200neo aircraft for $4.66 billion

(Reuters) -Hong Kong's Cathay Pacific Airways (OTC:CPCAY) said on Friday it had purchased 32 Airbus A321-200neo aircraft from Airbus for a basic price of $4.66 billion.

29.09 / 05:07

Citi Provident Metro hospital Mumbai IHG Hotels & Resorts & K Raheja sign two hotels in Powai, Mumbai

IHG Hotels & Resorts is expanding its portfolio in Mumbai with the signing of new hotels with Nikhil K. Raheja and Vijayta Raheja. With this partnership, IHG will launch its new five-star brand voco in Mumbai, along with a new Holiday Inn Express & Suites property.

29.09 / 03:11

UPS Lowe's MSCI Nikkei show performer Low Asian stocks Asian stocks inch away from 10-month low, rate jitters linger

Asian shares eased away from their lowest levels in 10 months but were on course to clock their worst quarterly performance in a year as worries over elevated interest rates dragged on sentiment, while the dollar held strong. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.59% higher but not far off the 10-month low it touched on Thursday.

29.09 / 02:27

Action WhatsApp President information Evergrande's billionaire chairman Hui Ka Yan is accused of crimes; stocks remain suspended: What we know so far

real estate magnate, whose heavily indebted conglomerate has caused significant financial losses for investors, homeowners and suppliers. Authorities notified Evergrande that Hui had been subject to “mandatory measures" due to “suspicion of illegal crimes". On September 28, the company made an official announcement to the Hong Kong Stock Exchange.

29.09 / 02:03

Target NIFTY Accenture Nike show reports 10 things that changed for the stock market overnight - Gift Nifty, US GDP to Accenture’s muted earnings forecast

domestic equity benchmarks settled around a percent lower amid volatility due to the monthly F&O expiry and dragged by weak global cues. Going ahead, the weakness in the market is likely to extend till the worry over the elevated oil prices and higher interest rates remains, posing a risk to the earnings growth trajectory. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd Asian markets traded higher on Friday following overnight gains on Wall Street and release of key economic data in Japan.

28.09 / 21:47

markets business Sustainability Interest rates Bitmain Bitcoin NOT 3 reasons why Bitcoin miners are selling BTC — and why it’s not capitulation

Crypto analysts, traders and anonymous influencer Bitcoin pundits on X (formerly known as Twitter) frequently interpret what Bitcoin miners do with their block rewards as a sentiment gauge for where BTC price might go.

28.09 / 19:03

UPS JPMorgan HSBC Fitch JPMorgan puts finishing touches on MinRes’ $1.3b high-yield bond deal

JPMorgan’s debt capital bankers were expected to price a $US850 million ($1.3 billion) high-yield bond deal for Chris Ellison’s Mineral Resources overnight, after running a multi-country roadshow earlier this week.

28.09 / 17:07

UPS Manufacturing Continental country electronic Solar CDIL to make silicon carbide devices for EVs, solar panels

₹30 crore, taking the total production scale to 600 million devices. CDIL started making silicon chips and devices in 1964 in collaboration with Continental Device Corp. of Hawthorne, California, which was later called Teledyne Semiconductor Co.

28.09 / 14:53

Reuters economy Remark show country reports prevention Evergrande says chairman under investigation over suspected 'illegal crimes'

By Scott Murdoch and Ziyi Tang

28.09 / 14:41

Citi economy Southern information 2020 Trading of shares of heavily indebted property developer China Evergrande suspended in Hong Kong

The Hong Kong stock exchange says trading of shares of heavily indebted Chinese property developer China Evergrande Group has been suspended

28.09 / 09:25

AXY NIFTY SENSEX show Department 500 Bloodbath on D-Street! Sensex crashes 500 points, Nifty below 19,550

Meanwhile, the market capitalisation of all listed companies on BSE declined by Rs 1.82 lakh crore to Rs 317.79 lakh crore. Among Sensex stocks, Tech Mahindra, Asian Paints and M&M were the top laggards, falling 3-4%. ITC Titan, Wipro, HUL, and Infosys also declined.

28.09 / 09:11

CBDC Adoption BIS Cross-border France, Singapore and Switzerland test cross-border CBDCs

The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland concluded a joint test of the cross-border trading and settlement of wholesale central bank digital currencies (CBDCs). Banque de France issued the report on Sept. 28.

28.09 / 07:39

Provident Gap Compilation Fighting show cover Centre place Financial New York remains top financial centre, London clings to second place - survey

LONDON (Reuters) — New York has easily remained the world's top financial centre with London still second and gaining some ground, but also facing a tougher fight with Singapore and Hong Kong, the Global Financial Centres index showed on Thursday.

28.09 / 06:45

OTC License JPEX Police Make 12 Arrests, Seize $1 Million in Cash and $9.8 Million in Assets in JPEX Case

On Tuesday, Hong Kong police announced the arrest of 12 suspects in connection with the JPEX cryptocurrency exchange platform scandal.

28.09 / 03:53

Citi economy Citigroup HSBC country Exclusive-HSBC to acquire Citigroup China consumer wealth business -sources

By Selena Li

28.09 / 03:53

UPS COMPOSITE NIFTY Nikkei performer reports Asian stocks Asian stocks sink amid rate hike jitters, China property market woes

Investing.com-- Most Asian stocks drifted lower on Thursday, extending recent declines amid persistent fears of higher U.S. interest rates, while Chinese stocks fell on renewed concerns over the country’s beleaguered property market.

28.09 / 02:09

ETH Provident BLOCK Binance Platform Huobi Bitcoin network Bug Bounty Mixin Network Urges Hacker to Return Funds, Offers $20M Bug Bounty

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