John Mullally News Today

LiveNews Provides news reports of information as it happens in real time of politics, business, the economy and also reports on global issues and events from a New Zealand viewpoint.

Senior bankers in Hong Kong can earn up to 70% more than their peers in Singapore, which can be a "curse" as banks look for ways to cut cost.

Bringing Taiwan to the World and the World to Taiwan

Hong Kong finance workers struggle US-China geopolitical tensions fracture capital markets

IPO fund-raising in Hong Kong fell by 56 per cent in 2023 to HK$46 billion, the least since the dot.com crash of 2000. Read more at straitstimes.com.

The proportion of Asia-Pacific companies incorporating ESG metrics into their incentive plans increased last year compared with 2022 as investors and stakeholders urge companies to follow sustainable business practices.

Smaller hedge fund firms are facing a difficult capital-raising environment and an increasingly costly war for talent. Read more at straitstimes.com.

(Bloomberg) -- Hedge fund founders in Asia are jumping ship to global giants from Citadel to Millennium Management as the struggles of capital raising and pressure to make higher returns curb the attractiveness for some managers’ solo endeavors.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHedge Funds Rake in Huge Profits Betting on Catastrophe RiskPutin Orders Hunt for Property of Russian Empire, Soviet UnionGloom Over China Assets Is Spreading B...

Hong Kong faced a triple whammy in recent years: China eliminated free speech protections; harsh Covid policies shuttered the territory, and Chinese...

Hong Kong professionals should expect salaries to remain static in 2024, with 81 per cent of employers saying increments will be below 6 per cent, according to Robert Walters Group.