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Business 03 Jun 2003 | 12:00 AM

Asian Bond Fund launched with initial size of US$1bil: Bank Negara

THE US dollar Asian Bond Fund (ABF) launched yesterday will be a stepping-stone to ABF bonds denominated in regional currencies.

Business 15 Jul 2003 | 12:00 AM

Foreign business news in brief

Foreign business news in brief including that Boeing plans a US$100m Shanghai venture.

Business 17 Aug 2003 | 12:00 AM

Public Bank gets full licence to operate in HK

The country's second largest bank, Public Bank Bhd (PBB), has been granted a full banking licence in Hong Kong.

AseanPlus News 28 Dec 2003 | 12:00 AM

Bank alerts police about fake website on HK operations

DBS Group Holdings, Singapore's largest bank, has notified police and banking regulators of a fake website that has sprung up under the DBS name, purporting to serve customers of its Hong Kong operations.

Business 14 Jan 2004 | 12:00 AM

News in brief

Business 12 Feb 2004 | 12:00 AM

News in brief

News briefs from Hong Kong on Fubon Financial Holdings of Taiwan and Jakarta on the state electricity corporation.

Business 30 Apr 2004 | 12:00 AM

China probes construction projects in overheated industries

Beijing broadened its investigations into construction projects in its latest attempt to cool the economy.

Business 06 May 2004 | 12:00 AM

Hong Kong lawmakers pass first depositor protection measures

Hong Kong bank customers will now have deposits of up to 100,000 Hong Kong dollars (US$12,800) protected by the government in case of a bank failure, an official said Thursday.

Business 13 May 2004 | 12:00 AM

Hong Kong Money Authority buys HK$780mil, sells US dollars

The Hong Kong Monetary Authority (HKMA), the territory's de facto central bank, said yesterday it had bought HK$780mil from banks in exchange for US dollars.

Business 02 Sep 2004 | 12:00 AM

Hong Kong buys own currency

Hong Kong bought its own currency and sold US dollars amid a decline in the city's dollar. Since May Hong Kong bought about HK$49bil (US$6.3bil), close to the amount it sold between September last year and February.