WeBank chief information officer Henry Ma said the virtual bank will be "deeply involved" in developing Hong Kong's Web3 infrastructure Tencent Holdings-backed online lender WeBank is leveraging its ...

Leading city bank is fined for serious misconduct in sale of financial products to clients for more than a decade As a financial hub, it is imperative for Hong Kong to maintain a solid reputation and ...

Stocks surrendered early gains and closed lower after the White House said President Trump would impose promised tariffs on ...

Banks should prioritise cost optimisation, data governance, and digital transformation to build a foundation for long-term ...

The New Arab has tested ChatGPT against the Chinese DeepSeek. We asked them a series of political questions, covering issues from the Arab world to global news ...

World markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit ...

New York leads the list, with London in second place and Hong Kong in third in the Global Financial Centres Index.

South Korean officials are launching an investigation into the cause of the fire that engulfed an Air Busan passenger plane, ...

The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal ...

Hong Kong's securities regulator said on Monday it had fined Hang Seng Bank HK$66.4 million ($8.52 million) for overcharging its clients while selling investment products.

In currencies, the dollar jumped 0.3% against the Chinese yuan in offshore trading, and rallied 0.4% versus the Aussie and ...