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Banks poised to seize more buildings in Hong Kong, PwC says
BANKS are expected to take more enforcement actions on distressed buildings amid Hong Kong’s property market downturn, according to PricewaterhouseCoopers (PwC). That’s based on the estimate of the firm’s...
MAS prioritises policyholders, competitive market in assessing Allianz-Income deal: Chee Hong Tat
THE Monetary Authority of Singapore (MAS) will prioritise the interest of policyholders when assessing Allianz’s proposed acquisition of a majority stake in Income Insurance, said Second Minister for Finance...
Hong Kong central bank keeps base rate unchanged as Fed holds steady
THE Hong Kong Monetary Authority (HKMA) left the base rate it charges through the overnight discount window at 5.75 per cent on Thursday (Aug 1), after the US Federal...
MAS appoints Transport Minister Chee Hong Tat as deputy chair of its board
MINISTER for Transport and Second Minister for Finance Chee Hong Tat has been appointed deputy chairman of the board of directors at the Monetary Authority of Singapore (MAS). MAS...
Prada to open 8,000-square-feet Hong Kong store after years of downsizing
PRADA is renting an 8,000-square-foot store in K11 Musea, a harborfront luxury shopping mall by New World Development, sources familiar with the matter said. Construction work for the two-floor...
Prada to open 8,000-square-feet Hong Kong store after years of downsizing
PRADA is renting an 8,000-square-foot store in K11 Musea, a harborfront luxury shopping mall by New World Development, sources familiar with the matter said. Construction work for the two-floor...
Hong Kong reappoints central bank chief
HONG Kong’s government reappointed Eddie Yue as its de-facto central bank chief to another five-year term to keep stability in the financial hub.Yue, 59, will get a raise in...
Hong Kong reappoints Eddie Yue as central bank chief for another 5 years
HONG Kong’s government reappointed Eddie Yue as its de-facto central bank chief to another five-year term to keep stability in the financial hub.The 59-year-old will get a raise in...
