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Factbox: Major finance milestones as Hong Kong marks 25 years since handover

Factbox: Major finance milestones as Hong Kong marks 25 years since handover

A general view of Two International Finance Center (IFC), HSBC headquarters and Bank of China in Hong Kong, China July 13, 2021. REUTERS/Tyrone Siu/File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG, June 28 (Reuters) – Hong Kong returned to China in 1997 after 156 years of British colonial rule. Here …

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Hong Kong’s top finance executives bank on city to thrive as gateway to China

Hong Kong’s top finance executives bank on city to thrive as gateway to China

HONG KONG, June 27 (Reuters) – In 1997, the world watched as Britain returned Hong Kong to Chinese rule, with some pessimistic or wary about the outlook for the city and its role in the global financial system. Twenty-five years later, Hong Kong has so far retained its status as a financial hub, and some …

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Apple and Android phones hacked by Italian spyware, Google says

Apple and Android phones hacked by Italian spyware, Google says

A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, June 23 (Reuters) – An Italian company’s hacking tools were used to spy on Apple Inc (AAPL.O) and Android smartphones …

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US Treasury’s new tribal office takes aim at tax, finance inequities -Yellen

US Treasury’s new tribal office takes aim at tax, finance inequities -Yellen

US Treasury Secretary Janet Yellen testsifies before a Senate Finance Commmittee hearing on President Biden’s 2023 budget, on Capitol Hill in Washington, US, June 7, 2022. REUTERS/Evelyn Hockstein Register now for FREE unlimited access to Reuters.com Register ROSEBUD, South Dakota, June 21 (Reuters) – US Treasury Secretary Janet Yellen said on Tuesday the department’s new …

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Hong Kong’s new govt retains finance chief in sign of continuity

Hong Kong’s new govt retains finance chief in sign of continuity

HONG KONG, June 19 (Reuters) – China unveiled on Sunday new top officials in Hong Kong under incoming leader John Lee, who vowed to take the global financial hub to fresh heights, while shrugging off concerns about sanctions the United States has imposed on him . In a sign of continuity for the financial industry, …

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EXCLUSIVE China’s central bank accepts Ant’s application for financial holding company – sources

EXCLUSIVE China’s central bank accepts Ant’s application for financial holding company – sources

A logo of Ant Group is pictured at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register PBOC taking application signals license may come soon – sources Financial holding license to pave way for Ant market …

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Toyota says consumer choice dictates pace of electrification

Toyota says consumer choice dictates pace of electrification

TOYOTA, Japan, June 15 (Reuters) – Toyota Motor Corp (7203.T) pushed back against critics who say it has been slow to embrace battery electric vehicles (BEV), arguing it needed to offer a variety of car choices to suit different markets and customers. At its annual general meeting on Wednesday, the world’s largest automaker by sales …

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Baidu’s electric vehicle firm Jidu unveils first ‘robot’ car

Baidu’s electric vehicle firm Jidu unveils first ‘robot’ car

BEIJING, June 8 (Reuters) – Baidu’s electric vehicle (EV) arm Jidu Auto on Wednesday launched a “robot” concept car, the first vehicle to be revealed by a Chinese internet company. The concept car, which is free of door handles and can be fully controlled via voice recognition, was launched through an online press conference held …

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