02-07-2018 10:00
Vietnam has witnessed a condensed fluctuation in its exchange rate over the past few weeks as a result of the strengthened greenback, but the ongoing trade tension between the US and China does not look likely to harm the country’s economy - in fact, signs show the opposite.
29-06-2018 21:22
SINGAPORE: A former senior vice-president of HSBC Bank was sentenced to 10-and-a-half years' jail on Friday (Jun 29) for cheating five female victims, who are her relatives and their friends, out of S$5.2 million over a period of 12 years.
08-06-2018 19:18
Market-opening international trade policy reform tends to yield positive results. When trade flows increase, nations on both ends tend to benefit. At the enterprise level, in a trade transaction both parties usually perceive a benefit, otherwise the transaction would not take place.
04-06-2018 12:06
On May 29 the State Bank of Vietnam adjusted the đồng-US dollar exchange rate, weakening the Vietnamese currency by VND9 to VND22,605 per dollar, which represented the greenback’s biggest rise so far this year.
26-05-2018 10:07
Firms are potentially missing out on key opportunities available beyond their immediate borders by focusing on trade policy developments on a regional scale, and showing lack of awareness when it comes to the broader global trade policy environment, according to an HSBC report.
15-05-2018 21:37
Banking giants HSBC and ING on Monday said they had carried out a landmark blockchain transaction aimed at speeding up payment processes and making them more secure.
08-05-2018 09:30
Encouraging investment in infrastructure in the form of public-private-partnership (PPP) is necessary to tap into domestic and foreign capital sources and technology, said Deputy Minister of Planning and Investment Vu Dai Thang.
27-04-2018 09:28
The former global head of cash currency trading at the British banking giant HSBC was sentenced Thursday to two years in prison for defrauding a client out of millions of dollars, the Justice Department said.
06-04-2018 12:53
Although rising protectionism is a concern to businesses worldwide, they are optimistic about international business prospects, a new report from HSBC called ‘Navigator: Now, next and how for business’ shows.
10-03-2018 10:59
As the TPP-11 countries has signed the CPTPP, it is well expected that the revised trade pact will give a big boost to the regional trade integration and open to new members in the future, including the US and Thailand, HSBC Global Research said in its latest report.
10-03-2018 07:00
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has just been inked by ministers of the 11 member countries in Chile. All businesses expressed delight at this global milestone.
09-03-2018 14:02
63 per cent of businesses in Vietnam believe the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed today will have a positive impact on their operations, according to HSBC’s comprehensive survey of global businesses.
05-03-2018 10:31
Techcombank on March 3 announced at its annual general meeting (AGM) that it has lifted its foreign ownership limit (FOL) to 8.54 per cent in a quest to offload its treasury shares bought back last year from HSBC to foreign investors potentially from the US or the EU.
01-03-2018 09:42
Former world number one Lydia Ko brushed off concerns on Wednesday (Feb 28) about changes to her backroom team and insisted she was poised to return to the top of her game.
16-02-2018 09:00
Managing the wealth of well-off people could be a pleasantly profitable business for banks this year, as the number of the rich is growing alongside the strong performance of the local economy. The development of this segment depends on legal backup from the central bank, banks’ competency and capability, and further market expansion.