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Tag Archives: Firm

Hong Kong Exchange to buy majority stake in Chinese financial tech firm

HONG KONG, Feb 20 (Reuters) – Hong Kong Exchanges and Clearing Ltd (HKEX), the stock exchange operator in the Asian financial hub, has agreed to buy a majority stake in a Chinese financial technology firm’s unit to bolster the markets’ technological capabilities. The financial details of HKEX’s acquisition of a 51-percent stake in Ronghui Tongjin Technology Co Ltd, a unit ...

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North Sea inspection firm Sonomatic to expand business after rival’s demise

© Supplied<img width="559" height="372" src="×372.jpg" class="attachment-standard size-standard wp-post-image" alt="Post Thumbnail" srcset="×372.jpg 559w,×180.jpg 271w,×511.jpg 768w, h… Business News

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Banking sector’s outlook stable, ratings firm says

The outlook for the nation’s banking sector this year remains stable on the back of lenders’ good capital buffers and ample market liquidity, Taiwan Ratings Corp (中華信評) has said. However, uncertain economic outlook at home and abroad could constrain business growth and asset quality for Taiwanese banks, the company said in a report. The US-China trade spat also poses a ...

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