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LONDON (Reuters) - Hong Kong bourse Chief Executive Charles Li said there are fundamental flaws in the "one country, two systems" formula that governs the former British territory as it grapples with its biggest political crisis in decades.
PETALING JAYA: KNM Group Bhd has received a RM51.48mil contract to supply Petrofac Ltd with pressure vessels and columns for the Ain Tsila Development Project located in Algeria.
SINGAPORE: As global bourses come to terms with the failure of the latest mega-merger, Singapore Exchange Ltd. is sticking to its incremental approach.
HONG KONG: Hong Kong's bourse on Tuesday dropped its unsolicited $39 billion bid for London Stock Exchange Group (LSE)
ST GEORGE, a proud member of the Berkeley Group, unveils Affinity House, the jewel in the crown of Phase 1 at Grand Union, the landmark new waterside development in North West London.
BRUSSELS: A battle that threatens London’s dominance in the derivatives market is rearing its head, with European firms at risk of being blocked from using clearinghouses in the British capital within six months.
Whether the U.K. leaves the European Union with no deal or clinches a last-minute agreement in the coming weeks, Brexit has already taken a toll on London’s finance industry.
LONDON: The Hong Kong bourse’s unsolicited takeover bid for the London Stock Exchange Group Plc (LSE) suffered a further setback after China praised the British firm’s scathing rebuff.
BEIJING: London Stock Exchange Group Plc’s rejection of a takeover proposal from Hong Kong Exchanges & Clearing Ltd. shows that there are doubts around the world over Hong Kong’s development potential, according to a People’s Daily commentary.
HKEX’s audacious US$36.6bil bid for London Stock Exchange Group (LSE.L) raised quite a few eyebrows on 9/11. Three immediate questions were raised by the bid. First, does the bid make sense for shareholders on a commercial basis? Second, what are the strategic considerations for Hong Kong and global financial markets? Third, what are the regulatory and geopolitical hurdles?