Category: Korea

Mar 07 2024

Hong Kong, Korea, Mainland, Stocks

Hong Kong slams prohibition orders on former agents

by News Desk

No Comments

Three agents committed separate crimes such as falsified accreditation and unauthorised benefit transfers. Hong Kong’s Insurance Authority (IA) has taken disciplinary actions against three former …

Mar 07 2024

Hong Kong, Korea, Mainland, Stocks

Canada Pension Cuts 10% of HK Jobs on China Stock Slump

by News Desk

No Comments

Canada Pension Plan Investment Board has eliminated about a dozen positions in its Greater China public equities team this week, representing close to 10% of its Hong Kong staff, a...

Mar 04 2024

Hong Kong, Korea, Mainland, Stocks

Hong Kong agents say property deals jump after big policy moves

by News Desk

No Comments

Hong Kong’s property market immediately celebrated the removal of decade-long curbs with a jump in transactions, property agents said on Thursday, as authorities made a concerted bid to boost the...

Mar 04 2024

Hong Kong, Korea, Mainland, Stocks

Hong Kong’s disgruntled food delivery riders seek government help settling pay, contract disputes with platform operators

by News Desk

No Comments

In latest action since Monday, over 500 riders have refused to do deliveries during lunchtime peak period Labour Department says it will set up a meeting between striking riders and...

Mar 03 2024

Hong Kong, Korea, Mainland, Stocks

120 workers axed after Hong Kong contractor goes bust as officials scramble to contain any knock-on effect at related firms

by News Desk

No Comments

Labour Department has set up a helpline for about 120 employees of prominent contractor Fung Cheung Kee, welfare chief Chris Sun says Authorities working with unions to find out if...

Mar 01 2024

Hong Kong, Korea, Mainland, Stocks

Bond schemes’ borrowing limit is set

by News Desk

No Comments

Secretary for Financial Services & the Treasury Christopher Hui said the green bond programme is instrumental in promoting green finance in Hong Kong, signifying the … and priority investment by...

Feb 28 2024

Hong Kong, Korea, Mainland, Stocks

‘Hong Kong is over’? Economist Stephen Roach defends article intended as ‘wake-up call’; Xinhua hits out at ‘so-called experts’ trying to ‘contain China’

by News Desk

No Comments

An American economist has defended an article he wrote that claimed “Hong Kong is over”, saying it was intended as a “wake-up call” given his perception of a “growing undercurrent...

Feb 20 2024

Hong Kong, Korea, Mainland, Stocks

Big Pension Bought Up NYCB Stock Right Before It Tumbled

by News Desk

No Comments

A New York pension bought up shares of New York Community Bank shortly before shares of the regional lender tumbled, and slashed investments in two Chinese companies. New York State...

Feb 14 2024

Hong Kong, Korea, Mainland, Stocks

Year of the Dragon: Hong Kong MPF members advised to diversify their investments as markets remain volatile, analysts say

by News Desk

No Comments

Markets will continue to experience volatility due to uncertainties in economic growth, interest rates and geopolitical events, analyst says The MPF gained 9.5 per cent in the last Year of...

Feb 13 2024

Hong Kong, Korea, Mainland, Stocks

How Hong Kong’s new eMPF Platform will impact employers and members

by News Desk

No Comments

Hong Kong will carry out its most important pensions reform in two decades with the introduction of eMPF Platform later this year. An electronic platform to be launched by the...