Hong Kong

US-China trade tension reigns for markets

Trade tension continues to remain chieftain in guiding market movements into Thursday for Asia, though keeping an eye on the political development in one of Asia’s key market, Hong Kong.

Alibaba: a help or hindrance to banking?

Hong Kong has become the latest country to shake up the banking industry by allowing big names in tech to set up online retail banking operations. But how significant is it for an industry long-controlled by the banks?