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HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hub

HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hub

HONG KONG, July 27 (Reuters) - HSBC will hire more than 100 artificial intelligence specialists and 100 wealth managers in Singapore, deepening investment in two areas central to the bank's Asian growth strategy as it expands higher-fee businesses and accelerates AI adoption.
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StanChart lifts income target after wealth boom powers earnings beat; shares jump

StanChart lifts income target after wealth boom powers earnings beat; shares jump

By Selena Li and Lawrence White HONG KONG/LONDON, July 29 (Reuters) - Standard Chartered reported on Wednesday a better-than-expected 9% rise in first-half pretax profit and lifted its full-year income target, as wealth and global banking revenue surged and credit charges tied to the Iran war held
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Update: Ismael Saibari to join the Bayern Munich squad after the Asia tour

Update: Ismael Saibari to join the Bayern Munich squad after the Asia tour

The second week of August is the expected timeline for the FC Bayern star to recover from his injury.
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Bitcoin Rises Amidst Asian Market Turmoil, Highlighting Crypto Resilience

Bitcoin Rises Amidst Asian Market Turmoil, Highlighting Crypto Resilience

Bitcoin Rises Amidst Asian Market Turmoil, Highlighting Crypto Resilience
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Oil prices fall 5% to two-week low after several days without US-Iran strikes

Oil prices fall 5% to two-week low after several days without US-Iran strikes

By Scott DiSavino July 28 (Reuters) - Oil prices dropped about 5% on Tuesday to a two-week low, on cautious hopes that the pause in fighting between the United States and Iran will lead to talks to end the war, even though previous halts have proved only temporary.
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Oil prices hit one-week low after US, Iran pause fighting over weekend

Oil prices hit one-week low after US, Iran pause fighting over weekend

By Seher Dareen LONDON , July 27 (Reuters) - Oil prices tumbled 7% on Monday, hitting a one-week low, after the U.S. and Iran paused strikes over the weekend following two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the
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HSBC to Hire 200 Specialists in Singapore to Boost AI and Wealth Management

HSBC to Hire 200 Specialists in Singapore to Boost AI and Wealth Management

HSBC to Hire 200 Specialists in Singapore to Boost AI and Wealth Management
Rapid Read Rapid Read
New Subsea Cables Enhance Intra-Asia Connectivity Amid Rising Bandwidth Demand

New Subsea Cables Enhance Intra-Asia Connectivity Amid Rising Bandwidth Demand

The Southeast Asia-Hainan-Hong Kong (SEA-H2X) submarine cable system has officially commenced commercial operations, enhancing connectivity between Hong Kong, Singapore, and other Southeast Asian regions. This development comes as the region anticipates increased bandwidth demand driven by AI workloads. The SEA-H2X system, spanning 5,746 kilometers, connects key locations including Hainan in China, Songkhla in Thailand, and La Union in the Philippines. Additionally, the Sihanoukville-Hong Kong (SHV-HK) submarine cable system, Cambodia's first state-owned optical fiber cable, has been successfully landed in Hong Kong. These projects, led by China Mobile and China Unicom, aim to lower data latency and establish robust communication corridors across Asia.
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Elusive founder Sky Xu faces spotlight as Shein seeks Hong Kong listing

Elusive founder Sky Xu faces spotlight as Shein seeks Hong Kong listing

By Kane Wu, Helen Reid and Julie Zhu HONG KONG/LONDON, July 27 (Reuters) - Shein's draft prospectus for a Hong Kong listing, published on Sunday, offers rare details about the role of its reclusive founder and CEO, Sky Xu.
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HashKey Exchange Unveils Unified Crypto Trading App for Global Markets

HashKey Exchange Unveils Unified Crypto Trading App for Global Markets

HashKey Exchange Unveils Unified Crypto Trading App for Global Markets
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Shein Faces Financial Pressure Ahead of Hong Kong IPO Due to Tariff Changes

Shein Faces Financial Pressure Ahead of Hong Kong IPO Due to Tariff Changes

Shein Faces Financial Pressure Ahead of Hong Kong IPO Due to Tariff Changes
AP News AP News
A Hong Kong democracy activist's long-awaited London reunion may be cut short

A Hong Kong democracy activist's long-awaited London reunion may be cut short

Former pro-democracy lawmaker Wu Chi-wai has reunited with his family in London after more than five years in a Hong Kong prison