India police probe alleged fraud at state lender Bank of Baroda + MORE

[Buzz_Burner_Fresh_Updates] India police probe alleged fraud at state lender Bank of Baroda – reuters.com MUMBAI, Oct 12 (Reuters) – India’s Bank of Baroda said on Monday it had suspended two senior bank employees at one of its branches in Delhi as part of a police investigation into suspected money laundering involving some 60 billion rupees […]

MALAYSIA PRESS-CIMB courts HSBC Amanah chief to lead Islamic banking arm -The Edge Financial Daily + MORE

[Buzz_Burner_Fresh_Updates] MALAYSIA PRESS-CIMB courts HSBC Amanah chief to lead Islamic banking arm -The Edge Financial Daily – reuters.com CIMB Group Holdings is expected to hire Rafe Haneef, who presently heads HSBC Amanah Malaysia Bhd, to lead its Islamic banking arm following the resignation of Badlisyah Abdul Ghani in July, The Edge Financial Daily reported on […]

HIGHLIGHTS-Indonesian President Widodo's new policy package + MORE

[Buzz_Burner_Fresh_Updates] HIGHLIGHTS-Indonesian President Widodo's new policy package – reuters.com JAKARTA, Sept 10 (Reuters) – Indonesian President Joko Widodo late on Wednesday unveiled the first instalment of a stimulus package aimed at luring more investment, boosting consumer spending, and supporting a currency that has weakened to 17-year lows. Continue Reading On reuters.com ยป CNH TRACKER-Hong Kong […]

China shares give up this year's gains in brutal selloff + MORE

[Buzz_Burner_Fresh_Updates] Hong Kong says no plan to intervene in market, fundamentals sound – reuters.com HONG KONG, Aug 24 (Reuters) – Hong Kong Finance Secretary John Tsang said on Monday authorities have no intention to intervene in the market as the city’s financial market fundamentals remain sound, although it will continue to face pressure from external […]

BOC Hong Kong to sell bank unit for $8.8 bln

[Buzz_Burner_Fresh_Updates] BOC Hong Kong to sell bank unit for $8.8 bln – reuters.com SHANGHAI, July 15 (Reuters) – Lender BOC Hong Kong Holdings Ltd plans to sell subsidiary Nanyang Commercial Bank (NCB) for HK$68 billion ($8.8 billion), it said in a statement posted on the Beijing Financial Assets Exchange on Wednesday. Continue Reading On reuters.com […]