Bank of America is now telling its rich clients to put some money into Bitcoin. They say it's okay to put 1% to 4% of their money into Bitcoin. This is a big deal because Bank of America is one of the biggest banks in the US. They will let their clients buy Bitcoin through special funds starting Ja
Hong Kong's recent fire tragedy has put a spotlight on the often overlooked heroes of the city: migrant domestic workers. These women, primarily from the Philippines and Indonesia, are the unseen backbone of many households. They cook, clean, and care for families, yet their stories are rarely told.
Hong Kong is wrapping up its search and rescue efforts after a devastating fire ripped through a large apartment building. This tragic event has left at least 94 people dead and many more missing. The fire, which started on Friday, destroyed the Wang Fuk Court housing complex in Tai Po, a district i
Banks are finally stepping up their tech game. For years, they lagged behind other industries, especially retail, when it came to adopting new technology. But now, with the help of something called agentic AI, banks are keeping pace with the latest innovations. This shift is huge. Just a few years
Hong Kong is gearing up for an exciting cricket event, the Sixes 2025, happening from November 7 to 9. This isn't just any cricket tournament; it's a fast-paced, high-energy showdown with twelve teams battling it out. But what really makes this event special is the group of presenters who will be br
Banks are starting to see crypto in a new light. After staying away for a while, they are now taking a closer look. This change is happening because of new rules in Europe, like the Markets in Crypto-Assets (MiCA) regulation. These rules make banks feel more comfortable about getting involved with c
Bank of Ireland is facing a hefty bill. They've just doubled their estimate for compensating customers who were sold car loans they didn't need or understand. The new total? A whopping £350 million. That's a lot of money, and it's all because the UK's financial watchdog, the FCA, has changed the rul
Hong Kong is gearing up for its big finance event in November. Top bosses from major banks and investment firms are expected to attend. This includes the heads of Goldman Sachs, Morgan Stanley, Citadel, and JPMorgan Chase. The event is set for November 3 to 5, but the final schedule isn't ready yet.
Hong Kong is making waves in the crypto world again. This time, the Hong Kong Monetary Authority (HKMA) is looking to make it easier for banks to hold cryptocurrencies. They've put out a draft plan for public feedback, aiming to relax the rules on how much capital banks need to keep when they hold c
Hong Kong's MTR Corporation has been navigating through a stormy season, both literally and figuratively. The recent weather has been tough, with many black rainstorm warnings and typhoons. Despite this, the MTR has proven to be the most reliable way to get around the city. Bad weather does affect h
