Hang Seng Bank

New tech index is launched on Hong Kong stock market

A SHARE INDEX for Chinese technology giants, the Hang Seng Tech, has been launched on Hong Kong's stock market. Companies on the list include internet...
Online Banking, Laptop

Banks ramp-up tech recruitment in response to pandemic crisis — and retail banking ‘may...

The advance of digital currency is one thing, but the swiftness by banks to incorporate tech roles is another ANALYSTS predict online banking penetration in...
Rishi Sunak, UK Chancellor

Latest UK government scheme adds ‘bounce’ for businesses

CHRISTINA NAWROCKI explains the most recent UK initiative to support small businesses left floundering by the pandemic UK CHANCELLOR of the Exchequer Rishi Sunak recently...
Skyscrapers with aircraft in sky

Job-swap hope for thousands of airline workers hit by crisis — but misery for...

By Hal Williams IN A WEEK where EasyJet announced plans to cut up to 30 percent of its employees to save costs, home healthcare company...
Yuan currency

China ‘set to launch’ trial of e-RMB digital currency

CHINA’S central bank has stepped up development of a digital currency likely to become the first to be operated by a major economy. The sovereign...
EU flag coronavirus graphic

Fresh EU coronavirus recovery package has detractors up north

EU HEADS have agreed to set up a €540bn post-pandemic recovery fund, tied to the EU’s seven-year budget. European Council president Charles Michel, who chaired...
Oil tanker at sea, platform in background

Oil price hits negative territory for the first time, Virgin Group ailing, UK firms...

CORONAVIRUS infections are dropping in many countries, but corporate and financial impacts are increasingly being felt. Virgin Australia is going into administration, the US oil...
Four Horsemen of Apocalypse, by Viktor Vasnetsov

A menace by any other name: the ‘equaliser’ that just isn’t

By William Roman COVID-19 and coronavirus are the most common names for it, but some sociologists and economists are tentatively hailing the virus as the...
Hands, calculator, paperwork

Bid to ease virus impacts on cash flow is ‘flawed’ — CEO

THE UK government’s proposed Coronavirus Business Interruption Loan Scheme (CIBLS) is coming in for some criticism. HM Treasury and the Bank of England last week...
Euro bank notes

ECB launches new aid package to soothe effects of pandemic

By HAL WILLIAMS THE EUROPEAN Central Bank has launched a €750bn emergency package to buy government and company debt across the eurozone. The temporary purchasing scheme...