Search Result for ' China '

With proclaimed success of containing coronavirus in Vietnam, the nation is back on its feet and planning ...

 In its China life insurance joint venture, HSBS Holdings enters to buy the remaining 50%  stake to fully own the company as China gears up its markets by removing foreign ownership  restrictions on foreign funded insurance companies.   This agreement will help HSBC to expand its mark in China, as part of CEO Noel Quinn’s plan  to boost the company’s business and enhance its investments and capital to Asia. In a  statement, Quinn tells that they are trying to make steps in their growth strategy, despite the  coronavirus pandemic, and that the transaction will help boost the ambition of accelerating  growth in their Asian franchise and further extend their capabilities in wealth.   As part of its broad overhaul announced earlier on February, HSBC, Hong Kong had turned its  focus on growth markets such as mainland China and Hong Kong.   After U.S. and Japan, China’s insurance comes third with an estimated $318bn in premiums,  and with current reforms in ownership restrictions, HSBC joins the list of companies as foreign  fully-owned insurers in mainland China. China opened its asset-management markets for wider  foreign firms and companies on April 1st this year despite the ongoing Covid-19 crisis.   

In an attempt to contain the coronavirus and relax the fearful situation of Covid-19, Israeli cyber security company NSO ...

In a series of tweets over the past weeks, Elon Musk, the Co-founder and CEO at ...

In a recent report by the non-profit organization National Resource Governance Institute (NRGI), Africa owes more than $164 billion to China, ...

The corona pandemic is a wakeup call for Middle Eastern businesses for reminding them how much ...

Coronavirus has had its genesis in China but it is Japan that is bearing the brunt of the ...

Tech Giant Apple is concerned with the dip in sales due to the Coronavirus attack in ...

The Coronavirus (COVID-19) outbreak, the pandemic that has claimed the lives of over 2,000 people around ...

The global economy, businesses and financials remained in jitters on account of the widening spread of ...