Standard Chartered banker bullish on outlook for yuan assets as stars align

[ad_1] The anticipated US interest-rate cuts, the Hong Kong government’s measures to attract family offices and the coming investment migration scheme will attract investors to yuan-denominated assets this year, according…

Saudi sovereign wealth fund splashes cash in 2023

[ad_1] LONDON: Saudi Arabia’s Public Investment Fund accounted for about a quarter of the almost $124 billion spent by sovereign wealth funds worldwide last year, a report published on Jan.…

Hong Kong economy, property market eagerly await lower rates next year

[ad_1] “As the pressure of inflation recedes, the real interest rate is rising and creating an environment that is too restrictive,” said Raymond Mok, assistant vice-president of investment strategy at…

Hong Kong retail investors could deploy US$18 billion for climate action by 2030

[ad_1] Hong Kong’s retail investors could mobilise US$18 billion in capital towards investments in climate change by 2030, according to Standard Chartered’s latest sustainable banking report released on Monday. The…

HSBC leads Hong Kong’s banks in keeping prime rate unchanged

[ad_1] It was the fourth pause since the Fed began its rate-hike cycle in March 2022. The HKMA has followed the Fed in lockstep since 1983 on interest rates policy…

Hong Kong keeps base rate unchanged at 5.75% after Fed’s pause

[ad_1] Fed chairman Jerome Powell said the central bank will start cutting rates well before it hits the inflation goal. Fed chairman Jerome Powell prepares to deliver remarks to the…

China’s finance ministry meets bankers on boosting Hong Kong’s hub role

[ad_1] “The meetings between Hong Kong and the leaders at the Ministry of Finance [on Wednesday] and the meeting with the PBOC governor last month reflect that the central government…

J.P. Morgan to Reportedly Outsource Hong Kong, Taiwan Custody

[ad_1] New York-based J.P. Morgan is reportedly outsourcing its local custody business in Hong Kong and Taiwan. Citigroup, HSBC and Standard Chartered are in the race to win J.P. Morgan’s local…

London market ends November in the green as financial stocks gain

[ad_1] London market ends November in the green as financial stocks gain  Evening Standard [ad_2] Source link

European markets outperform UK’s FTSE 100 as Asia-focused shares drag

[ad_1] European markets outperform UK’s FTSE 100 as Asia-focused …  Evening Standard [ad_2] Source link