Charleston Lim
Writer
The Latest
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Citibank Remains Confident Despite Rush Of Digital Banks
Citigroup announced that it has no intention of applying for a virtual bank license in Hong Kong given that it already offers a comprehensive variety of digital banking services. 
Citigroup announced that it has no intention of applying for a virtual bank license in Hong Kong given that it already offers a comprehensive variety of digital banking services. -
Goldzip Tokens Backed By $300 Million Worth Of Audited Gold Launched In Hong Kong
Chinese Gold and Silver Exchange (CGSE) and its partners have launched a new digital coin called Goldzip Tokens backed by $300 million worth of real gold. 
Chinese Gold and Silver Exchange (CGSE) and its partners have launched a new digital coin called Goldzip Tokens backed by $300 million worth of real gold. -
Four New Digital Bank Licenses Granted In Hong Kong
Hong Kong’s monetary authority has granted four new licenses to digital banking firms established by companies such as Xiaomi, Ant Financial, Ping An Insurance, and Hong Kong Exchanges and Clearing. 
Hong Kong’s monetary authority has granted four new licenses to digital banking firms established by companies such as Xiaomi, Ant Financial, Ping An Insurance, and Hong Kong Exchanges and Clearing. -
Avaya Considers Going Private After Poor Fiscal Quarter Performance
Avaya reportedly sought the help of JPMorgan Chase to explore possible alternatives to appease shareholders. 
Avaya reportedly sought the help of JPMorgan Chase to explore possible alternatives to appease shareholders. -
China Appealing To US To Salvage Trade Deal As Tariff Hike Looms
China is appealing to the United States to meet it halfway in the ongoing negotiations in order to iron out a win-win deal for both parties. 
China is appealing to the United States to meet it halfway in the ongoing negotiations in order to iron out a win-win deal for both parties. -
Chevron Surrenders Anadarko Deal And Settles For $1 Billion Cancellation Fee
Chevron announced this week that it will not be submitting a new offer to Anadarko and will instead settle with the $1 billion cancellation fee. 
Chevron announced this week that it will not be submitting a new offer to Anadarko and will instead settle with the $1 billion cancellation fee. -
Facebook Co-Founder Suggesting Company Break Up To Promote Accountability
Facebook's co-founder Chris Hughes thinks that the platform has amassed too much power and that the government should step in to properly regulate its actions. 
Facebook's co-founder Chris Hughes thinks that the platform has amassed too much power and that the government should step in to properly regulate its actions. -
Walmart To Raise Age Limit To 21 For Tobacco And E-Cigarette Buyers
Walmart is the latest in a growing number of US retailers to increase the minimum age for tobacco and e-cigarette products to 21-years old. 
Walmart is the latest in a growing number of US retailers to increase the minimum age for tobacco and e-cigarette products to 21-years old. -
China's Kweichow Moutai Under Regulator Review Following Policy Change
The Shanghai Stock Exchange has reportedly sent a letter to Moutai Winery Group, asking it to explain why it had established its own sales network that directly sold its products to consumers. 
The Shanghai Stock Exchange has reportedly sent a letter to Moutai Winery Group, asking it to explain why it had established its own sales network that directly sold its products to consumers. -
Hong Kong Stock Exchange Operator HKEX Beats Q1 Earnings Forecasts
Hong Kong Exchanges and Clearing (HKEX) managed to beat initial analyst forecasts by posting a 2 percent increase in net profits. 
Hong Kong Exchanges and Clearing (HKEX) managed to beat initial analyst forecasts by posting a 2 percent increase in net profits.
