Thursday 29 January 2015
 
»
Tag
 
»
Hong Kong

StanChart to close equities business, axe 4,000 jobs

Standard Chartered will close its global equities business and axe around 4,000 jobs worldwide at its retail banking division in a push to achieve the cost cuts, according to an internal memo seen by Reuters on Thursday, as chief executive Peter

More…

StanChart to axe 4,000 retail bank jobs

Standard Chartered will axe around 4,000 jobs worldwide at its retail banking division in a push to achieve the cost cuts that chief executive Peter Sands hopes will return the bank to past glory. Standard Chartered will axe aroun

More…

Growthgate sells majority stake in Able Logistics

Growthgate Capital, a Gulf-based investment firm, has exited from its investment in Dubai-headquartered Able Logistics Group by selling its 70 per cent equity stake in the company to Kerry Freight Services (South Asia), a wholly owned subsidiary

More…

UAE, Hong Kong in deal to avoid double taxation on income

The UAE signed a deal for the avoidance of double taxation on income with Hong Kong, during a meeting between businessmen and commercial banks from both parties in Dubai, UAE. The agreement was signed by Obaid Humaid Al Tayer, Min

More…

Cathay Pacific offers HK getaway for UAE residents

Cathay Pacific Airways, the flag carrier of Hong Kong, is offering UAE residents a chance to win a three-day trip to Hong Kong, China. In partnership with Hong Kong Tourism Board, a radio contest is being aired on Business Breakfast &nd

More…

Qatar to buy $616m stake in HK retail operator

Qatar's sovereign wealth fund has agreed to buy a HK$4.78 billion ($616 million) stake in Lifestyle International Holdings, operator of the SOGO department stores in Hong Kong and mainland China, Lifestyle said on Monday. A un

More…

Abu Dhabi in group bidding to buy Reebok

An investor group that includes funds affiliated with the Abu Dhabi government and a Hong Kong-based private equity firm is launching a bid to buy Reebok from Adidas AG for about $2.2 billion, the Wall Street Journal reported on Sunday.

More…

Anonymous threatens China, Hong Kong authorities

Anonymous, the nebulous online activist group that uses hacking to further causes it supports, has threatened a major blackout of Chinese and Hong Kong government websites, and to leak tens of thousands of government email address details.

More…

Hong Kong returns to work after protesters clash

Hong Kong started to return to work on Monday after more than a week of pro-democracy protests disrupted the Chinese-controlled city, with the protest movement facing a test of its stamina after more clashes with police and pro-Beijing opponents

More…

StanChart suspends certain Hong Kong ops

Standard Chartered Plc has suspended some of its Hong Kong banking operations, including over-the-counter services and cheque deposits, until further notice due to "situations in certain areas", the Asia-focused lender said on Monday.

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads