Financial Industry News
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DBS Hong Kong taps China markets veteran Kyle Tan to helm global financial markets
DBS Bank (Hong Kong) announced on Friday the appointment of China banking expert Kyle Tan as the managing director and head of global financial markets, succeeding Jeremy Kok, effective on September 1. SCROLL TO CONTINUE WITH CONTENT Tan has almost…
'Don't sell Armstrong', sang Everton fans. So will emotion or financial reality win?
The message to the Everton hierarchy needed no interpretation. In the Vitality Stadium concourses before kick-off on Saturday, during the 1-1 draw with Bournemouth and at full time, the Merseyside club's supporters made their feelings known about…
What is soft saving? Here are the pros and cons of this finance trend
'Soft saving is basically spending your money first on what you want and then saving whatever's left,' explains the financial planner. 'Some people are able to save a regular amount, but there's no strict rule and it's not necessarily the same…
HK offers common law expertise to support new Uzbekistan financial center
Hong Kong has offered its expertise to assist Uzbekistan in applying principles of English common law and equity within its jurisdiction for the planned Tashkent International Financial Centre (TIFC) International Commercial Court during a trip led…
[BREAKING] Finance minister abruptly calls off G20 trip amid Cabinet reshuffle speculation
Finance Minister Koo Yun-cheol abruptly canceled his planned trip to the United States to attend a meeting of Group of 20 finance ministers and central bank governors, despite having already arrived at Incheon International Airport on Sunday…
Paul Lam leads Central Asia mission to champion city's legal and financial strengths
Secretary for Justice Paul Lam Ting-kwok has led a high-level delegation on a five-day visit to Xinjiang, Kazakhstan, and Uzbekistan to promote Hong Kong's international legal, dispute resolution, and financial services. SCROLL TO CONTINUE WITH…
Your nine-point September money MOT to get finances on track
September has always felt more like the beginning of a new year than January. Summer is over, routines return, and suddenly all those financial jobs we happily ignored in August start looking rather more urgent. But this September there is another…
Rays Set For New $2.3B Stadium Project After County, City Approve Financing Plan
The Tampa Bay Rays got county approval Friday on a financing plan that will allow them to build a new stadium, a day after city officials approved their part for the $2.3 billion ballpark project that will replace the domed Tropicana Field. The…
CIMB Just Settled $342M in Tokenized Sukuk Using Tokenized Deposits. Malaysia's Islamic Finance Market Is the Testing Ground.
CIMB Islamic Bank Berhad has executed the first tokenized deposit settlement of tokenized sukuk in Malaysia, marking a significant operational shift for the world's largest domestic sukuk primary market. The transaction involved RM1.38 billion…
South Korea names veteran technocrat Lee Hyoung-il as new finance chief in cabinet reshuffle
South Korea unveiled a major cabinet reshuffle on Sunday (August 30, 2026), naming First Vice Finance Minister Lee Hyoung-il as the new deputy Prime Minister and Minister of Economy and Finance. The administration also…
Alleged financial irregularities put Kannur CPI(M) education society under scrutiny
Allegations of financial irregularities and lack of transparency have put the Kannur district leadership of the CPI(M) on the defensive over the functioning of the CPI(M)-led North Malabar Educational Society, which collected share contributions to…
US Treasury bars some reporters from G-20 finance meeting
NEW YORK - When leaders from the world's leading rich and developing nations gather next week for the Group of 20 (G-20) finance meeting in Asheville, North Carolina, they will be joined by throngs of journalists from newsrooms around the globe.
BitGo Buys NYDIG's Institutional Trading Arm to Beef Up Derivatives and Financing
BitGo has acquired the institutional trading business of NYDIG, adding derivatives, financing and capital-markets capabilities as the digital-asset infrastructure firm builds out its offerings for professional clients. The NYSE-listed company said…
University presidents urge stable funding as gov't overhauls education financing
SEOGWIPO, Jeju Island -- University presidents urged the government Friday to provide more predictable, long-term funding for higher education, saying universities need stable financing to make major investments in areas such as artificial…
Finance chief abruptly cancels G20 trip, fueling reshuffle speculation
Deputy Prime Minister and Finance Minister Koo Yun-cheol abruptly canceled his trip to attend a meeting of Group of 20 finance ministers and central bank governors in the United States, fueling speculation over his position amid reports of an…
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