Hong Kong
Ten ways to crack the job market in Hong Kong and Singapore
Hong Kong and Singapore are popular places to build careers. When my company surveyed financial professionals there, about 80 per cent recommended their cities as places to live. Plenty of people from outside Asia want to break into these markets, too. Recruitment agencies, employers and job boards like mine all report a continued flow of CVs from the West into Asia.
Ten ways to crack the job market in Hong Kong and Singapore
Hong Kong and Singapore are popular places to build careers. When my company surveyed financial professionals there, about 80 per cent recommended their cities as places to live. Plenty of people from outside Asia want to break into these markets, too. Recruitment agencies, employers and job boards like mine all report a continued flow of CVs from the West into Asia.
Hong Kong banks told to toughen home mortgage requirements
Hong Kong ordered banks to toughen lending requirements for those with more than one mortgage on residential property.
SBI Cards plans to double its credit card base by March 2015
SBI Cards aims to more than double its credit cards in circulation over the next three years.
Indonesia's Bank Mandiri to fortify Hong Kong unit
Encouraged by the huge remittances in its Hong Kong branch, Bank Mandiri is aiming to strengthen its business in the said country.
Offshoring popular among Hong Kong banks
An Asia-wide survey of the financial services sector found that 63% of Hong Kong banks and financial companies believe offshoring effective.
Bank of East Asia profit jumps 10%
Bank of East Asia Ltd reported a net profit of HK$2.99 billion in the first-half.
Foreign expansion a matter of survival for Asian banks
Asian banks will continue expanding overseas to grow faster and improve yields.
Piper Jaffray to leave Hong Kong as economy sours
US investment bank Piper Jaffray & Co will exit its money-losing operations in Hong Kong this September
RMB trade settlements settled through HK
Eleven percent of China's trade in 1Q12 were RMB trade settlements that were mostly settled through Hong Kong.
The ultimate key to credible financial forecasts
How many of you can identify with the organisational environment described below?
CNH loans granted in Hong Kong reaches RMB 42b
The 3-5% CNH lending rates in Hong Kong still prove to be more attractive than CNY lending rates in China.
Loan growth in Asia slows in 1Q12
Eight of twelve banking markets across the region saw decelerating loan growth which caused improving funding gaps in Asia.
RMB liquidity facility to open in HK
A facility for providing Renminbi liquidity to authorized institutions in Hong Kong has been unveiled by the Hong Kong Monetary Authority.
Hong Kong banks' loan-to-deposit ratios remain elevated
Foreign currency LDR remained high at 53.1%, on the back of US$- and CNH-denominated loan demand, says Barclays.
Indian financial industry to spend $6.8B on IT
The Indian financial services industry will spend Rs 37,700 crore or US$6.8 billion on IT products and services in 2012.
StanChart issues RMB 1 million in ECP
A new issuance programme from Standard Chartered Bank provides a new instrument and market for investors in the renminbi.
HKMA, Bank Negara and Euroclear Bank launches joint post-trade service
They aim to process cross-border Asian debt securities transactions centrally via a single link through the Common Platform.
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