HONG KONG/NEW YORK, Sept 22 Asian shares were
broadly weaker Tuesday as possible delays in expanded U.S.
stimulus and concerns about fresh pandemic lockdowns in Europe
dented the recent positive sentiment towards global equity
HONG KONG/NEW YORK, Sept 22 Asian shares
extended losses for the second day on Tuesday while the dollar
rose, as possible delays in expanded U.S. stimulus and concerns
about fresh pandemic lockdowns in Europe knocked investor
HONG KONG/LONDON Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a cache of leaked documents showing they transferred more than $2 trillion in suspect funds over nearly two decades. | Video
HONG KONG The sharp expansion of U.S. actions to hobble Chinese firms in recent weeks has sparked a rush by global lenders to pare back exposure to the companies and to identify others that may become caught in Washington's crosshairs, banking sources said.
SINGAPORE Southeast Asia's Grab is in advanced talks with Prudential PLC , AIA Group Ltd and others as it seeks $300 million to $500 million in investment for its financial services unit, people with direct knowledge of the matter told Reuters.
HONG KONG Financial firms in Hong Kong are scrambling to fortify their compliance operations following U.S. sanctions and China's new national security law, even as the sector pushes to cut costs amid the coronavirus pandemic.
HONG KONG/SINGAPORE Wealth managers in Asia are preparing to lend more to their clients and help them raise cash by selling investments to ensure they can get their hands on shares in Chinese fintech giant Ant Group's up to $30 billion IPO, bankers said.