AIA Can Withstand Hong Kong Visitor Hit By Bloomberg


(Bloomberg Opinion) — Turbulent times should mean good business for insurers as people try to protect themselves against the hazards of an uncertain world. Hong Kong’s summer of unrest has proved anything but happy for shares of AIA Group Ltd., the city’s biggest seller of policies. The company may proveRead More →

Hong Kong banks gird for online-only onslaught By Reuters


By Sumeet Chatterjee HONG KONG (Reuters) – Hong Kong’s biggest banks are set to cut fees, boost digital services and jazz up branches with features such as touch-screen display panels to meet competition from new online-only lenders in one of the world’s most profitable banking markets. As many as eightRead More →

Asian markets fall as Hong Kong tensions remain high


Asian markets fell in early trading Tuesday as tensions in Hong Kong ratcheted up following protests Monday that shut down the city’s airport. Hong Kong’s airport struggled to reopen Tuesday, while protests continued, though at a smaller scale. While some flights resumed, many were canceled amid a backlog of flightsRead More →