Exclusive-South Korea asks banks to prepare $4 billion to support credit union - sources
By Seunggyu Lim SEOUL South Korea's financial services regulator has asked major commercial banks to prepare around $4
2023-07-10 16:23
Hong Kong Mortgage Easing Is Cold Comfort to Buyers With High Rates
Hong Kong’s relaxation of residential mortgage rules may do little to spur demand from homebuyers who remain deterred
2023-07-10 10:47
Singapore Hedge Fund Files Wind-Up Case Against China’s Kaisa
A Singapore-based hedge fund has filed a winding-up petition in Hong Kong against Kaisa Group Holdings Ltd., potentially
2023-07-10 10:21
Ant to Buy Back Shares at 70% Lower Valuation Than at IPO
Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an
2023-07-08 10:56
China Ends Probe of Jack Ma-Backed Ant With $984 Million Fine
Chinese regulators imposed a 7.12 billion yuan ($984 million) fine on Ant Group Co., according to a statement
2023-07-07 20:48
Hong Kong Relaxes Mortgage Rules to Support Property Sector
The Hong Kong government relaxed its residential mortgage rules for the first time since 2009 in a bid
2023-07-07 20:21
Alibaba Surges on Report China to Unshackle Ant With Fine
Alibaba Group Holding Ltd. shares jumped in Hong Kong trading after Reuters reported that China is likely to
2023-07-07 14:55
Hedge Fund Dymon Hires Yu From Goldman, Aims to Raise $1 Billion
Singapore hedge fund Dymon Asia Capital has hired 24 portfolio managers over the past year including ex-Goldman Sachs
2023-07-07 13:49
Goldman Called Out by China State Media for Bearish Bank Report
A state-owned Chinese newspaper issued a rare rebuttal of Goldman Sachs Group Inc. research after the securities firm’s
2023-07-07 10:50
UBS Wealth Boss Khan Pushes ‘Net New Money’ Mantra in Asia Tour
UBS Group AG’s global wealth chief Iqbal Khan is back in Asia — this time to rally his
2023-07-07 10:46
Tesla and Chinese Rivals Signal Truce After Brutal EV Price War
Tesla Inc. and China’s top electric-vehicle makers including BYD Co. pledged to maintain fair competition and avoid “abnormal
2023-07-06 13:24
Huabao Tumbles After Official Arrested in HK Corruption Probe
Huabao International Holdings Ltd. shares sank the most in almost a year after one of the company’s financial
2023-07-06 10:53