Since 2012
In Hong Kong and elsewhere, digital currencies, cryptocurrencies (including stablecoins) and virtual assets are gaining in popularity and are rapidly becoming a mainstream asset class, with retail investors increasingly buying into them. Here in the city, new and groundbreaking legislation has been introduced to implement a regulatory framework which specifically addresses virtual assets, cementing Hong Kong’s status as an innovative global financial hub. The incursion of cryptocurrencies and… Source link India News Northeast’s maiden Comic Con… News18 Evening Digest: Dharmendra… Maharashtra Common Entrance Test… RBI data mix up sparks bond… Stock Market Many retirees soon must take… Institutional shareholder…
A Hong Kong travel agency has seen a 20 per cent drop in inquiries and sign-ups for its Japan tours, while Cathay Pacific Airways is allowing travellers to “modify” their flights to the country after Beijing’s earlier call for Chinese citizens to avoid going. Yuen Chun-ning, CEO of travel agency WWPKG, also said on Wednesday that a few customers had asked if they could withdraw from tour packages to the country, a decision that he attributed to “psychological factors”. But he noted that Japan… Source link India News Northeast’s maiden Comic Con… News18 Evening Digest: Dharmendra… Maharashtra Common Entrance…
The chief executive of CBA, Matt Comyn, has mounted a fierce defence of the bank’s decision to not repay $270m in fees to 2.2 million low-income customers after a report by Asic in July. CBA has already paid $25m in ‘goodwill payments’ to tens of thousands of low-income Indigenous customers after the regulator in 2024 released a report which found banks were keeping vulnerable customers in high-fee accounts. But Comyn this morning doubled down on the bank’s hardline approach to Asic’s more recent report that accused the bank of charging hundreds of millions of dollars in excessive fees to…