ConsenSys, a global blockchain software company, announced a partnership with the Blockchain-based Service Network (BSN), China’s national blockchain infrastructure, to make blockchain more accessible for enterprises and government organisations. As part of the partnership, ConsenSys Quorum, an open-source protocol layer that serves as a foundation for businesses to build Ethereum-based enterprise solutions, will be available in […]
2021-01-25 HKT 16:56″ title=”The Hang Seng Index opens the week with solid gains. Image: Shutterstock”> The Hang Seng Index opens the week with solid gains. Image: Shutterstock Local shares outperformed their regional peers on Monday, with the Hang Seng Index closing above 30,000 as sentiment was boosted by expectations of a massive fiscal stimulus package […]
2021-01-26 HKT 05:53″ title=”Moderna said it plans to publish data from its tests against the variants on the website bioRxiv. Photo: Reuters”> Moderna said it plans to publish data from its tests against the variants on the website bioRxiv. Photo: Reuters Moderna said on Monday it believes its Covid-19 vaccine protects against new variants found […]
2021-01-26 HKT 02:46″ title=”The tech-rich Nasdaq Composite Index finished at a record for the fourth straight session. Image: Shutterstock”> The tech-rich Nasdaq Composite Index finished at a record for the fourth straight session. Image: Shutterstock Tech shares were on top again Monday as a heavy week of corporate earnings kicked off while pharmaceutical companies offered […]
2021-01-26 HKT 02:22″ title=”A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle. File photo: Reuters”> A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle. File photo: Reuters Europe is set to lift a 22-month flight ban on the Boeing 737 Max this week […]
Hong Kong’s Office of the Government Chief Information Officer (OGCIO) has launched iAM Smart which provides all Hong Kong residents with a single digital identity and authentication to conduct government and commercial transactions online. All Hong Kong residents can apply for iAM Smart accounts, formerly known as eID, free of charge on a voluntary basis. […]
ZA Bank has been granted an Insurance Agency License from the Hong Kong Insurance Authority (IA), allowing it to act as an agent of ZA Insure, a fully digital insurer under the ZA brand. The move sees ZA Bank become Hong Kong’s first virtual bank to offer insurance products as a digital-only insurer, 10 months […]
2021-01-25 HKT 09:47″ title=”Hong Kong stocks enjoyed a positive start to the week. File image: Shutterstock”> Hong Kong stocks enjoyed a positive start to the week. File image: Shutterstock Hong Kong stocks opened with gains Monday morning following two days of losses, with investors keeping tabs on progress of a new stimulus package in the […]
2021-01-25 HKT 08:38″ title=”Factory workers in Jiangxi province. China has become the world’s leading destination for foreign direct investment. File image: Shutterstock”> Factory workers in Jiangxi province. China has become the world’s leading destination for foreign direct investment. File image: Shutterstock China was the largest recipient of foreign direct investment in 2020 as the coronavirus […]
2021-01-23 HKT 23:21″ title=”Janet Yellen broke a similar gender barrier when she became Fed chair in 2014, a role she held until 2018. Photo: AFP”> Janet Yellen broke a similar gender barrier when she became Fed chair in 2014, a role she held until 2018. Photo: AFP The US Senate Finance Committee on Friday unanimously […]
2021-01-23 HKT 05:34″ title=”Both the Dow Jones and S&P 500 slipped as investors continue to fret over Covid-19. Photo: AFP”> Both the Dow Jones and S&P 500 slipped as investors continue to fret over Covid-19. Photo: AFP Wall Street stocks finished mostly lower on Friday as investors grappled with worries over new coronavirus strains while […]
2021-01-21 HKT 17:13″ title=”Morning gains were wiped out, with the Hang Seng Index ending 0.1 percent lower. Image: Shutterstock”> Morning gains were wiped out, with the Hang Seng Index ending 0.1 percent lower. Image: Shutterstock Asian markets scaled new heights on Thursday on optimism over the new US administration, but the Hong Kong market bucked […]
2021-01-22 HKT 16:59″ title=”Local shares were down across the board on Friday afternoon. Image: Shutterstock”> Local shares were down across the board on Friday afternoon. Image: Shutterstock Local shares were down across the board on Friday afternoon, as investors reaped profits from recent highs fuelled by expectations on newly installed US president Joe Biden and […]
Hong Kong Science and Technology Parks Corporation (HKSTP) has launched the Banking, Financial Services and Insurance Accelerator 2021 (BFSI Accelerator). The BFSI Accelerator aims to bridge corporates and innovators to deliver breakthrough technologies and create a wide array of new business opportunities in the world of banking, financial services and insurance. The BFSI partners include […]
2021-01-22 HKT 08:08″ title=”Nissan’s car plant in Sunderland, UK. Photo: Reuters”> Nissan’s car plant in Sunderland, UK. Photo: Reuters Nissan will source more batteries from Britain to avoid tariffs on electric cars after the UK’s trade deal with the EU, which a senior executive told Reuters turned Brexit from a risk into an opportunity for […]
2021-01-22 HKT 09:28″ title=”The Hang Seng Index fell by nearly 120 points in early trading. Photo: RTHK”> The Hang Seng Index fell by nearly 120 points in early trading. Photo: RTHK Hong Kong stocks fell in the first few minutes of trade Friday morning as investors took profits following a recent healthy run-up that saw […]
2021-01-22 HKT 05:23″ title=”Thursday’s session was choppy after all three major indices had surged to records on Wednesday. Photo: AFP”> Thursday’s session was choppy after all three major indices had surged to records on Wednesday. Photo: AFP The Nasdaq pushed to a fresh record on Thursday on lingering optimism over the US presidential transition, but […]
2021-01-20 HKT 16:56″ title=”The Hong Kong market is one of the region’s best performers on Wednesday. Image: Shutterstock”> The Hong Kong market is one of the region’s best performers on Wednesday. Image: Shutterstock Local stocks and mainland markets rose on Wednesday – in line with the surge on Wall Street overnight – ahead of Joe […]
2021-01-21 HKT 05:36″ title=”Joe Biden and his team have championed an aggressive economic relief package that investors like. Photo: AFP”> Joe Biden and his team have championed an aggressive economic relief package that investors like. Photo: AFP Wall Street greeted new US President Joe Biden by climbing even higher on Wednesday, closing at records amid […]
2021-01-20 HKT 13:51″ title=”Jack Ma had not appeared in public since October 24. File photo: Reuters”> Jack Ma had not appeared in public since October 24. File photo: Reuters Alibaba Group founder Jack Ma met 100 rural teachers in China via a live video meeting on Wednesday morning, in the businessman’s first appearance since October, […]