Saturday 4 July 2015
 
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Hong Kong

1,000 banks use RMB for China, Hong Kong payments

More than 1,000 financial institutions have used renminbi (RMB) for payments with China and Hong Kong in May, representing 25 per cent of all institutions exchanging payments with the latter across all currencies, according to recent data.

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TeamQuest enters Asia Pacific market

TeamQuest, a leader in IT capacity planning and management solutions, has officially entered the Asia Pacific market via Hong Kong and Singapore. This marks a significant milestone for TeamQuest, as it seeks to fuel the region&rsq

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Etihad commences daily Hong Kong service

UAE’s Etihad Airways today celebrated the start of its daily service to Hong Kong, China- one of Asia’s leading business and leisure destinations. To mark the increased frequency, the carrier’s flight to Hong Kon

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Etihad, Hong Kong Airlines expand codeshare

Etihad Airways, the national airline of the UAE, has expanded its codeshare agreement with Hong Kong Airlines to provide travellers with enhanced connections between Asia, the Middle East, and Europe. The UAE airline will commence

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Qatar buys stake in HK electricity unit for $1.2bn

Qatar Investment Authority has bought an aggregate stake of 19.9 per cent in Hong Kong electricity unit HK Electric Investments from billionaire Li Ka-shing's firms for HK$9.25 billion ($1.19 billion), as the global investor seeks investment

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Qatar buys stake in HK electricity unit for $1.2bn

Qatar Investment Authority has bought an aggregate stake of 19.9 per cent in Hong Kong electricity unit HK Electric Investments from billionaire Li Ka-shing's firms for HK$9.25 billion ($1.19 billion), as the global investor seeks investment

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Qatar buys stake in HK electricity unit for $1.2bn

Qatar Investment Authority has bought an aggregate stake of 19.9 per cent in Hong Kong electricity unit HK Electric Investments from billionaire Li Ka-shing's firms for HK$9.25 billion ($1.19 billion), as the global investor seeks investment

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Asian sukuk issues gain favour with Mideast buyers

Asian sukuk offerings are drawing more demand from the Middle East, boding well for regional hubs such as Hong Kong as they try to raise their profiles in the Islamic finance market. When the Government of Hong Kong issued a $1 bi

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HSBC looks at moving HQ away from Britain

HSBC, Europe's biggest bank, has ordered a review into whether it should move its headquarters out of Britain and potentially back to its former home in Hong Kong, threatening London's reputation as a global hub for finance and investmen

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StanChart to close equities business, axe 4,000 jobs

Standard Chartered will close its global equities business and axe around 4,000 jobs worldwide at its retail banking division in a push to achieve the cost cuts, according to an internal memo seen by Reuters on Thursday, as chief executive Peter

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