Financial Services

End of an era as Hong Kong stock trading floor set to close

Oct 20, 2017

End of an era for Hong Kong's last remaining stock market floor traders as exchange prepares to shut its trading hall, joining other world exchanges in going fully automated

World stocks mixed as momentum fades after Wall St record

Oct 11, 2017

World stocks mixed ahead of the release of the latest Fed meeting minutes, Chinese communist party meeting next week

World Bank raises Asia growth forecast, warns of NKorea risk

Oct 4, 2017

World Bank raises growth for developing economies of East Asia and the Pacific but warns risks to outlook include rising protectionism, geopolitical tensions over North Korea

Graft accusations made against Chinese insurance regulator

Sep 25, 2017

China's top anti-corruption body says the country's former insurance regulator has been turned over to prosecutors to face criminal charges accusing him of bribery and other offenses

Asian markets rise ahead of Trump speech, Fed meeting

Sep 18, 2017

Asian stock markets have risen ahead of this week's U.S. Federal Reserve policy meeting and President Donald Trump's speech at the United Nations

World stocks fall on NKorea launch, central banks outlook

Sep 15, 2017

World stocks mixed as investors brush off North Korea launch, turn focus to next Fed meeting

Chinese bitcoin exchange announces it is ending trading

Sep 15, 2017

One of China's biggest bitcoin exchanges says it will stop trading following reports regulators have ordered all Chinese exchanges for the digital currency to close

Founder of online Chinese lender sentenced to life for fraud

Sep 13, 2017

The founder of a Chinese online lending company was sentenced to life in prison after his company defrauded depositors of $7.7 billion in one of China's biggest financial scams

More students attend 2nd year of Schwarzman China program

Sep 8, 2017

A study program at an elite Chinese university that was inspired by the Rhodes Scholarship is entering its second year with an endowment of more than $500 million and more participants

Asian shares mixed ahead of Korean drills, banker meeting

Aug 21, 2017

Asian stocks are mixed as investors monitored joint military drills between U.S. and South Korean forces and awaited a key meeting of central bankers later this week

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