HONG KONG: Financial firms in Hong Kong are scrambling to fortify their compliance operations following US sanctions and China’s new national security law, even as the sector pushes to cut costs amid the coronavirus pandemic. This underscores the growing challenges for firms operating in the Asian …
Recent Posts
Most Popular
Bitcoin gains on MicroStrategy’s plans to issue more shares
BITCOIN rose on Thursday (Dec 26) after the digital asset’s stockpiler MicroStrategy announced a plan to issue more shares, a move that...
UOB’s Lawrence Goh joins Nets’ board of directors
He has over three decades of international experience in spearheading large-scale transformations for businesses
China avoids rate cut to keep ammunition for future pressure
CHINA refrained from cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder...
China keeps key rate steady with traders expecting cuts in 2025
CHINA kept a key interest rate unchanged – a move widely expected by economists – as it seeks to keep its powder...