International Finance

Tag : Hong Kong

Banking

Location, location, location: Why the HSBC headquarters stayed in London

Moving to a more economically dynamic Hong Kong would subject it to China’s not-yet-ready-for-prime-time economic institutions Richard S. Grossman March 27, 2017: In February this year, HSBC, one of the world’s largest banks, decided not to move its headquarters from London to Hong Kong. The revelation that a company is staying put is usually not...
Wealth Management

Japan scores low in financial literacy

Aversion to risk poses challenge to reversing the prolonged deflation in the economy Suparna Goswami Bhattacharya November 22, 2016: Despite being among the most industrialised and developed nations in the world, Japan surprisingly scores very low on financial literacy. According to a survey by the Central Council of Financial Services Information, Japanese are averse to...
Economy

Things are finally looking up for Asia

Asia has managed to stabilise itself thanks to China’s improved economic performance Suparna Goswami Bhattacharya October 20, 2016: It is the last quarter of the year and things have changed drastically since January for the global economy. Asia, in particular, has witnessed a change in outlook by economists. Back in January, things looked shaky. Chinese...
Economy

Companies optimistic over next 12 to 18 months

International Finance Desk
However, few firms are preparing for the worst, says research by Willis Towers Watson September 23, 2016: Companies are hoping for the best, but preparing for the worst in the coming year. Findings from Willis Towers Watson’s Hong Kong and Macau Severance Practices Surveyindicate that the majority of surveyed companies in Hong Kong and Macau...
Economy

Vietjet opens Hong Kong – Ho Chi Minh City route

International Finance Desk
The route will commence operations from 9 December, 2016 September 15, 2016: Vietnam’s new-age carrier Vietjet announced the opening of a new international route linking Hong Kong with Ho Chi Minh City (Vietnam). The route will commence operations on 9 December, 2016. His Excellency, Mr. Nguyen Xuan Phuc, Vietnam Prime Minister and Her Excellency, Mrs....
Banking

‘BNU is growing along with Macau’

Interview with Pedro Cardoso, Chief Executive Officer of BNU, which has been a century-old pillar of Macau’s economy March 14, 2016: Banco Nacional Ultramarino, S.A. (BNU) was awarded the ‘Best Socially Responsible Bank Macau 2015’ and ‘Best Retail Bank Macau 2015’ by International Finance Magazine Awards 2015 on its long-standing and unwavering commitment to its...
Finance Wealth Management

‘East Asia is a very important market for deVere Group’

Interview with the CEO Nigel Green March 10, 2016 Congratulations on winning International Finance Magazine’s ‘Best International Advisory Company – EAST ASIA’ award. Thank you. It’s an honour to receive it. This award – our seventh in as many months – is a reflection of the unbridled energy and commitment of our deVere Group teams...
Finance Wealth Management

HNWIs wealth to reach $1.4 trillion by 2019 in Hong Kong

International Finance Desk
Though world market conditions aren’t good, Hong Kong is attractive to local developers as well as foreign institutions September 30, 2015: The Hong Kong Wealth Report 2015 wealth management market research says number of Hong Kong HNWIs is forecast to grow by 15.6%, to reach 231,186 in 2019, while HNWI wealth is projected to grow...