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Laid-off expat bankers struggle to find jobs in Hong Kong

HONG KONG: For years, Hong Kong was a hotspot with plum jobs for overseas bankers as global firms hired aggressively. But many recently laid-off bankers in the city are finding that cost-cutting and a demand for Mandarin speakers have diminished the opportunities for expats in Asia’s financial hub.

After Deutsche Bank AG announced plans for wide-ranging cuts this week, many employees worldwide are facing the challenge of job-hunting in a shrinking market.

SC cautions investors against unauthorised ICOs

PETALING JAYA: The Securities Commission (SC) has noted the increase in the number of queries and complaints from members of the public regarding initial coin offerings (ICOs) and digital asset exchanges (DAX).

In a statement, the SC said that it has not authorised any ICOs pending the finalisation of its guidelines.

SC cautions public against unauthorised ICO schemes

KUALA LUMPUR: The Securities Commission (SC) has cautioned the public against unauthorised initial coin offerings (ICO) and digital asset exchanges in light of the growing number of queries and complaints.