dollar firms on fed rate hike talk eyes on trump

Dollar firms on Fed rate hike talk, eyes on Trump

HONG KONG: The dollar firmed in Asia Wednesday (Mar 1) after two top Federal Reserve officials suggested US interest rates could rise this month, while Donald Trump's speech to Congress received a mixed response.
asia must spend us 26 trillion on infrastructure by 2030 adb

Asia must spend US$26 trillion on infrastructure by 2030: ADB

HONG KONG: Asian nations must spend US$26 trillion by 2030 on infrastructure to battle poverty, boost economic growth and fight climate change, the Asian Development Bank warned on Tuesday (Feb 28).
huawei staff fear cuts as smartphone profits disappoint

Huawei staff fear cuts as smartphone profits disappoint

HONG KONG/BARCELONA: Staff at China's Huawei Technologies Co Ltd are bracing for possible jobs cuts after internal memos highlighted intense pressure to improve earnings and an executive said the flagship smartphone business had missed internal profit targets.
dollar equities stutter in asia after trump rally

Dollar, equities stutter in Asia after Trump rally

HONG KONG: The dollar dipped on Thursday (Feb 16) in Asia as investors brushed off another record Wall Street close and upbeat US data while the rally in stock markets stuttered.
dollar asia markets boosted as trump pledges tax move

Dollar, Asia markets boosted as Trump pledges tax move

HONG KONG: The dollar extended a rally on Friday (Feb 10) after Donald Trump said he would release details of a "phenomenal" tax-cut plan, sending Asian stock markets soaring on hopes it will ramp up the US economy.
aag cable snaps again

AAG cable snaps again

The Asia-America Gateway (AAG) submarine cable broke once again, causing bandwidth loss from Viet Nam to Hong Kong, Singapore and the US.
hong kong records winters first bird flu death

Hong Kong records winter's first bird flu death

HONG KONG: An elderly man has died of bird flu in Hong Kong in the city's first human case of the disease this winter, authorities said Tuesday (Dec 27).
hong kong company to build first waste to energy project in can tho

Hong Kong company to build first waste-to-energy project in Can Tho

Hong Kong-based China Everbright International Limited (Everbright) has received the investment certificate to develop the first waste-to-energy plant in the Mekong Delta in general and the Mekong Delta city of Can Tho in particular.
vietjet test listing on homeground in february 2017

Vietjet test listing on homeground in February 2017

Vietnam’s only private airline Vietjet will list its shares on the Ho Chi Minh Stock Exchange (HoSE) in late February 2017, before moving to list in Hong Kong or Singapore, according to newswire Vietnambiz.
hong kong fintech group acquires local tech company

Hong Kong fintech group acquires local tech company

Leading integrated fintech service provider Credit China Fintech Holding Limited has spent $12.73 million on acquiring a large stake volume in Vietnamese Amigo Technologies Joint Stock Company as part of its plans to expand overseas operations.
asia markets extend global rally on trump hopes

Asia markets extend global rally on Trump hopes

HONG KONG: Asian equities rallied Thursday (Nov 10), joining a goldrush across world markets as the initial shock of Donald Trump's election win was replaced by hopes his plan to kickstart the US economy will succeed.
asian markets rattled by trump poll lead

Asian markets rattled by Trump poll lead

HONG KONG: Asian equities tumbled on Wednesday (Nov 2), extending a global sell-off, and the Mexican peso fell after a poll showed Donald Trump overtaking market favourite Hillary Clinton in the race for the White House.
anzs operations in vietnam remain unchanged

ANZ’s operations in Vietnam remain unchanged

ANZ recently announced it would strengthen its focus on running a world class Institutional Bank in a number of countries in Asia following an agreement to sell its Retail and Wealth business units in Singapore, Hong Kong, China, Taiwan and Indonesia to Singapore’s DBS Bank.
sunwah sam pour 100m into joint venture

Sunwah, SAM pour $100m into joint venture

Hong Kong-based Sunwah Group's Sunwah Kingway and Saigon Asset Management have set up a joint venture to provide inbound and outbound investment solutions for companies operating in Viet Nam.
typhoon kills 12 destroys rice fields in philippines takes aim at hong kong

Typhoon kills 12, destroys rice fields in Philippines, takes aim at Hong Kong

BENGUET, Philippines/HONG KONG: Typhoon Haima, the strongest storm to hit the Philippines in three years, killed at least 12 people and inundated vast tracts of rice and corn fields, officials in Manila said on Friday, before it took aim at Hong Kong.