Search Results for: Hong Kong
Commodities Brokers Marex Spectron reports $22.7M Operating Profit for 2015
May 25th, 2016
Marex Spectron Group Ltd (‘Marex Spectron’), the global commodities broker, has posted a record Operating Profit of $23 million for the year ended 31 December 2015, up from $15 million in 2014. EBITDA increased to $31 million from $25 ...
Barclays Unit Sued for $2.4 Million by Ex-Global Finance Chair
May 25th, 2016
Details of Jon Pratt’s claim in H.K. labor tribunal filing Pratt reported in January to have exited amid global job cuts Barclays Plc’s Asia unit is being sued for HK$18.9 million ($2.4 million) by former Asia Pacific Global Finance ...
HSI, Nikkei lead gains as most Asian markets advance
May 25th, 2016
Asia markets mostly closed higher on Wednesday, with Hong Kong leading gains and several major indexes advancing more than 1 percent each. Japan’s Nikkei 225 closed up 258.59 points, or 1.57 percent, at 16,757.35, with shares receiving an additional boost from ...
HKEX and Thomson Reuters agree for the creation a new series of Renminbi (RMB) indices
May 24th, 2016
Hong Kong Exchanges and Clearing Limited (HKEX) and Thomson Reuters today (Tuesday) signed an agreement for the creation of a new series of Renminbi (RMB) indices. The new index series will give the world benchmarks that reflect the development ...
Financial regulators from around the world warn for unauthorised financial services companies
May 24th, 2016
The Financial Conduct Authority (FCA) of UK, the Securities and Futures Commission (SFC) of Hong Kong, the Jersey Financial Services Commission (FSC), the Financial Services Authority (MFSA) of Malta and the Comision Nacional del Mercado De Valores (CNMV) of Spain issued ...
Moore Stephens Wins Key Ruling on Audit Opinions
May 24th, 2016
Moore Stephens’ Hong Kong firm won a victory in a New York federal appeals court on a case that could have a far-reaching impact on class-action lawsuits involving audit reports. The U.S. Court of Appeals for the Second Circuit ...
Next Money Announces Global Fintech Radar Challenge
May 23rd, 2016
Next Money, formerly Next Bank, announced on Friday that it is launching its first Global Fintech Radar Challenge. This event calls for Open Source developers/platforms to create and produce an aggregation tool for fintech data, news, insights, social media interactions, startups and companies, industry trends ...
Asian stocks get a lift from higher oil prices
May 20th, 2016
A bounce in oil prices supported major Asian benchmark indexes on Friday, though the prospect of higher U.S. interest rates again weighed on some markets in the region. China-related stocks were up 1.5% in Hong Kong and the Hang ...
International law firm opens office in Taipei to serve the growing demand in Taiwan
May 19th, 2016
International law firm Vinson & Elkins LLP announced the opening of an office in Taipei, to serve the growing demand of the firm’s clientele in Taiwan and the Asia Pacific. V&E partners David Tsai and Christopher Kao will oversee ...
DBS Bank enables SMEs to apply for an account via video conferencing
May 18th, 2016
DBS Bank in Hong Kong is saving small businesses the hassle of going to a bank branch to open a new account by introducing a video conferencing service for due diligence checks. The bank’s “Meet Online” Business Account Opening ...
