Pedestrians outside a branch of HSBC in Hong Kong. Agence France-Presse
HSBC would offer rebates and fee reductions for small and medium-sized companies in Hong Kong, as the city’s economy struggles. Hong Kong is on the verge of its first recession in a decade, weighed down by the prolonged US-China trade war
HSBC ousted John Flint as chief executive after just 18 months in a shock move the chairman of Europe’s biggest bank said was needed to speed up progress on priority areas such as the turnaround of its US business.
The launch of new online-only banks in Hong Kong is expected to be delayed in part due to anti-government protests in the city, people with direct knowledge of the matter said.
China’s foreign exchange reserves fell $9 billion in November to $3.096 trillion, central bank data showed on Saturday, as Washington and Beijing remained locked in negotiations over an interim trade agreement.
Dubai Silicon Oasis Authority (DSOA) the regulatory body for Dubai Silicon Oasis (DSO) an integrated free zone technology park, and Finsa, a Spanish industrial company, celebrated the inauguration of Finsa Middle East’s
Expo Centre Sharjah (ECS) reviewed the Centre’s prominent economic events. The Expo Centre Sharjah (ECS) highlighted its remarkable participation within the Sharjah Chamber of Commerce and Industry’s (SCCI)
Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, has commended the opening of a major infrastructure project - Maafaru International Airport, located on one of the islands of the Noonu Atoll in the Maldives.