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KUALA LUMPUR: AwanBiru Technology Bhd has signed a memorandum of understanding with Huawei Technologies Sdn Bhd to promote the adoption of cloud and artificial intelligence products and services in the public sector.
WASHINGTON: The worst year for stock dividends in over a decade is upending formerly rock-solid retirement plans all across Asia.
SOME top advisers to President Donald Trump want the U.S. to undermine the Hong Kong dollar’s peg to the U.S. dollar as the administration considers options to punish China for recent moves to chip away at the former British colony’s political freedoms, according to people familiar with the matter.
SYDNEY: Cathay Pacific Airways Ltd said it expects to repay the Hong Kong government for HK$19.5 billion ($2.52 billion) of preference shares over a three to five year period.
HONG KONG: Cathay Pacific Airways Ltd has outlined a plan to raise HK$39bil (US$5bil) from the Hong Kong government and shareholders after months of warnings about the frailty of its business because of Covid-19 travel restrictions.
HONG KONG wants to send a clear message to its residents and the world: its currency peg isn’t in doubt, despite the city being increasingly caught up in tensions between Beijing and Washington.
HONG KONG: Last month, HSBC Holdings Plc shocked investors by announcing it would scrap its dividend.
HONG KONG: Hong Kong is catching up with global peers in its fiscal response to the coronavirus outbreak with the announcement of an “unprecedented” HK$137.5bil (US$17.7bil) stimulus package focused on avoiding mass job losses.