Page 18 - Hong Kong

Hong Kong fines Goldman unit $350 million for its role in 1MDB scandal

The Securities and Futures Commission said the Goldman Sachs GS.N unit had made serious lapses and there were deficiencies in its management controls

Asia defies dire predictions of a massive spike in corporate bankruptcies

Lockdowns worldwide prompted by the coronavirus outbreak have wrecked economic growth and led to bankruptcies of firms

Hong Kong's July-Sept unemployment at near 16-year high, pressure remains

The figure was the highest in close to 16 years and compared with 6.1% for the period from June to August

Cathay Pacific to cut 6k jobs, axe Cathay Dragon brand amid Covid: Report

(Reuters) - Hong Kong's Cathay Pacific Airways Ltd <0293.HK> will cut around 6,000 jobs or 18% of its workforce, and axe regional brand Cathay Dragon to help it weather the coronavirus pandemic, the South China Morning Post reported on Tuesday, citing sources.

China's Ant wins Hong Kong nod for $35 billion dual listing: Report

The move comes one month after Ant won approval from the Shanghai Stock Exchange for the domestic leg of the dual listing

China's Ant Group wins Hong Kong nod for $35 billion dual listing: Report

Backed by Chinese e-commerce giant Alibaba Group Holding Ltd , Ant passed the hearing with the exchange's Listing Committee on Monday

World Coronavirus Dispatch: China finds infection risk in frozen food packs

Brazil's weekly cases lowest in 5 months, New Zealand has first community case in three weeks, Israel eases curbs and other pandemic-related news across the globe

Hong Kong bars Air India, Vistara flights till October 30 after Covid cases

Hong Kong has banned Air India and Vistara flights from October 17 to 30 after a few passengers on their flights tested positive for Covid-19 post arrival, a senior government official said on Friday.

China justifies warning to Canada to not grant asylum to Hong Kongers

China on Friday justified a warning by its envoy to the Canadian government to not to grant asylum to Hong Kong residents fleeing abroad, saying that the ambassador was stating Beijing's just position

Covid-19: Singapore and Hong Kong agree on bilateral travel bubble

To avail the flights, travellers will have to test negative in the polymerase chain reaction (PCR) test for Covid-19, Singapore's Ministry of Transport (MOT) on Thursday

Covid-19: Singapore and Hong Kong agree on bilateral travel bubble

Singapore and Hong Kong have agreed on a bilateral air travel bubble, which will exempt travellers from the mandatory quarantine upon arrival, as the rate of infection declines in both cities

Hong Kong's foreign exchange intervention highest since 2009 crisis

The Hong Kong Monetary Authority (HKMA) sold HK$10.9 billion ($1.41 billion) in interventions in Hong Kong and US trading hours

World Coronavirus Dispatch: Researchers working on inhaled vaccines

European leaders impose targeted curbs, Jakarta eases social distancing norms, why jokes at work make more sense than ever, and other pandemic-related news across the globe

SMIC's Hong Kong shares tumble after US tightens export restrictions

SMIC's shares fell as much as 7.9% to HK$17.12 ($2.21), the lowest since May 29, and were last down 6.7%.

Singapore, HK top destinations for suspect funds; China and India follow

Banks involved in suspec transactions are among global firms that profited from 'powerful and dangerous players', says report.

Hong Kong bars Air India till Oct 3 after flyers test positive for Covid

Passengers from India can arrive in Hong Kong only if they have a Covid-19 negative certificate from a test done within 72 hours prior to the journey

ByteDance rival Kuaishou aims to raise up to $5 billion in HK IPO: Report

Kuaishou has hired Bank of America, China Renaissance and Morgan Stanley to work on the IPO and is looking to file for the float as soon as the end of October

Hong Kong formally objects to US demand for 'Made in China' export label

Commerce Secretary Edward Yau said he formally asked the US consulate to relay Hong Kong's request for withdrawal of the new regulations to US trade officials

Hong Kong completes mass coronavirus screening, 1.78 million tested

Hong Kong has completed its mass Covid-19 screening program launched two weeks ago, with the participation of some 1.78 million people

China announces restrictions on US diplomats' activities in mainland, HK

China has announced new restrictions on the activities of US diplomats working in mainland China and Hong Kong