Hong Kong's financial watchdog is set to finalize new rules on so-called "dark pools" within the next few days, a source familiar with the regulator's thinking said on Thursday.
Tags: Hong Kong
In China's Pearl River Delta, HSBC faces a risky voyage
Every day hundreds of garment traders alight at the newly-built Humen station to ply their wares in the southern Chinese city of Dongguan, arriving on high speed trains that whoosh through the terminal every ten minutes.
Facebook earns 51 percent of ad revenue overseas - executives
Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters.
HSBC to cut 50,000 jobs in quest for higher dividends
HSBC (HSBA.L) pledged a new era of higher dividends on Tuesday, laying out plans to slash nearly one in five jobs and shrink its investment bank by a third to combat sluggish growth across its sprawling empire.
Hong Kong markets watchdog to boost cooperation with foreign counterparts
Hong Kong's securities regulator said on Friday it will propose laws boosting cooperation with its foreign counterparts, at a time when the emergence of a number of cross-border fraud and corruption scandals make such collaboration vital.
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World stock markets and the dollar remained in a sharp sell-off mode on Thursday, having been jolted sharply lower by weak U.S. growth data and cautious comments from the Federal Reserve.
Gold buying in the world's top two gold consuming countries remained slow this week as premiums in China improved only slightly and those in India slipped as the global benchmark stabilised at $1,200 an ounce.
LG will dole out 4,000 G4 devices across South Korea, USA, Canada, and other regions soon. Consequently, a leak was recently discovered revealing the G4’s specs and features like IPS Quantum Display, f/1.8 aperture lens camera, removable 3,000mAh Battery and SD Card Slot, and many more.
A phone with a model number LG-VS999 reportedly had an "eye-popping screen resolution of 2880 x 1620 pixels." It was also assumed that it could be the LG G4 and Google's Nexus 2015 phone. The G4 sports features such as a Quad HD resolution, and many more. Further, LG company recently decided to dole out 4,000 G4 smartphones in US, UK, and other regions.
Tag Heuer, French luxury group LVMH's (LVMH.PA) biggest watch maker, said it will launch a smartwatch later this year using Google Inc's (GOOGL.O) Android operating system in a venture with Intel Corp (INTC.O) to compete head-on with the Apple Watch.
China's long-awaited international payment system to process cross-border yuan transactions is ready, and may be launched as early as September or October, three sources with direct knowledge of the matter told Reuters.
Diamond company De Beers, once a niche business for global miner Anglo American, is rapidly rising to become the jewel in its crown - with a brighter outlook than many of its metals.
Foreign direct investment (FDI) in China grew at its strongest pace in nearly four years in January, surging 29.4 percent from a year earlier to $13.9 billion as investors largely shunned the troubled manufacturing sector and focused on the more resilient services industry.
Investors are rushing into China's booming healthcare business, helping M&A deal values surpass those of the hot Internet sector, as the country prepares to cater to hundreds of millions of elderly patients.
