HONG KONG Citigroup has teamed up with Singapore-based ride-hailing firm Grab to launch co-branded credit cards, as it looks to boost its Asian customer base by about 13% via partnerships with digital firms, a senior Citi executive said.
WASHINGTON/HONG KONG A bipartisan group of U.S. lawmakers introduced a bill on Wednesday to force Chinese companies listed on American stock exchanges to submit to regulatory oversight, including providing access to audits or face delisting.
Huatai Securities Co Ltd effectively launched the long-awaited London-Shanghai stock connect on Tuesday with the announcement of plans to raise more than $500 million on the London Stock Exchange (LSE).
(This May 29 story fixes name of data provider in the third paragraph)
HONG KONG, May 29 Asian hedge funds are
struggling to benefit from strong investor interest in the
region in the face of patchy liquidity, country-level
restrictions and general market jitters over the U.S.-China
HONG KONG JPMorgan's former Asia investment banking vice-chair Catherine Leung has been charged with two counts of bribery by Hong Kong's anti-corruption watchdog for offering a job to the son of a potential client.
HONG KONG Asia's internet firms are challenging the region's traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed in China by tech giants Alibaba and Tencent. | Video
HONG KONG Foreign insurers including Generali and Prudential Plc are in early talks with authorities to enter China's private pensions sector, people with knowledge of the matter said, as Beijing opens up to overseas companies.