Search Results for: Hong Kong
China’s manufacturing activity picks up
June 2nd, 2014
China’s factory activity grew in May at its fastest pace this year, according to government figures, a positive sign amid the wider economic slowdown. The official purchasing managers index (PMI) hit 50.8 in the month, up from 50.4 in ...
Gold nears worst week since March as stocks climb, demand falls
May 30th, 2014
Gold steady above $1,250/oz, heads for 3 pct weekly loss * Improved appetite for risk pushes stock markets higher * Premiums fall in India; demand soft across Asia-traders (Updates throughout, changes dateline, pvs SINGAPORE) Gold steadied on Friday ...
Asia stocks decline while Europe shares rise
May 27th, 2014
Asian stock markets were muted Tuesday as tensions flared between China and Vietnam over a territorial dispute while hopes of easier monetary policy continued to boost European shares. Germany’s DAX rose 0.4 percent to 9,927.85, extending the previous day’s ...
The under-fire Asian finance function where jobs face a serious new threat
May 27th, 2014
If you’re an accountant at the Big Four in Hong Kong, now is a good time to start planning how you might move to the banking sector or transfer to mainland China. China’s Ministry of Finance announced a draft ...
HKEx censures “Titan Petrochemicals Group Limited”
May 26th, 2014
The Stock Exchange of Hong Kong Limited (“Listing Committee”) has issued a press release and censures the following company and directors: (1) Titan Petrochemicals Group Limited (“Company”) (Stock Code: 1192) for breaching: (a) the then Rule 13.09(1) of the Rules Governing ...
Thai stocks decline after martial law
May 23rd, 2014
Thailand’s stock market sank Friday, a day after the country’s military seized power in a bloodless coup. Other Asian stock markets were mostly higher, with Japan boosted by weakness in the yen. Bangkok’s SET index fell more than 2 ...
Asian stocks rise as China manufacturing improves
May 22nd, 2014
Japan’s Nikkei led gains in Asian stock markets Thursday after a manufacturing survey suggested the slowdown in China’s economy is flattening out and Fed minutes reinforced expectations the U.S. central bank won’t rush to raise interest rates. HSBC’s manufacturing ...
Simmons and HSF join list of firms eyeing ventures in Shanghai Free Trade Zone
May 22nd, 2014
Simmons & Simmons and Herbert Smith Freehills (HSF) are the latest UK law firms to have expressed an interest in the Shanghai Free Trade Zone (SFTZ) after recent reports that the scheme would allow tie-ups between international and PRC ...
JPMorgan’s Problem of “Sons and Daughters” program is widely practice
May 22nd, 2014
The long investigation of JPMorgan’s hiring practices in China has reached a milestone: A Hong Kong anti-corruption organization has formally arrested Fang Fang, the bank’s former vice president of investment banking in Asia. Fang Fang, who has been released ...
SFC reprimands and fines ICBC International Capital Limited and ICBC International Securities Limited
May 21st, 2014
The Securities and Futures Commission (SFC) has reprimanded ICBC International Capital Limited (ICBCI Capital) and ICBC International Securities Limited (ICBCI Securities) (collectively ICBCI) and fined them $12.5 million respectively in relation to their role in the initial public offering ...
