Sumitomo Mitsui Trust Bank Ltd. plans to close the lender’s Hong Kong branch by June 2026 and move most of its client ...

The standout performer was the Japanese market, where stocks reacted well to an unexpectedly dovish statement from the Bank of Japan. Hong Kong’s Hang Seng Index fell 0.8%, ...

While the currency peg is not indestructible, investors should not underestimate the extent to which it is part of the city's raison d'Etre In financial markets, the Hong Kong dollar is known as a ...

Hong Kong's de-facto central bank stepped into the foreign exchange market on Tuesday as the currency hit the top end of its band for a fourth time this month, spurred by a broader selloff in the ...

HONG KONG (Reuters) -Bank of America has cut 16 bankers from its investment banking department in Hong Kong as part of global cuts to its dealmaking workforce, three sources with knowledge of the ...