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With the ongoing crisis of Covid-19 crippling world economies, the situation is no different for Latin ...

Saudi Arabia’s $300 billion sovereign-wealth fund has turned out to be one of the largest bargain hunters, buying ...

 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.   

It’s Facebook official now- between the social network and U.S. Federal Trade Commission , the $5 billion settlement ...

With barely a week since Trump’s tweet about the international coalition with 23 countries, oil prices of ...

The price war between Russia-Saudi Arabia comes to an end with one of the biggest oil ...

Singapore’s longest established bank- OCBC Bank enables Google’s peer-to-peer (P2P) funds transfer service in Singapore to adopt the ease ...

With border restrictions and traffic bans amid the coronavirus outbreak, all is not well in the world energy ...

Fiat Chrysler Automobiles and French Automaker Groupe PSA have signed the “50/50 merger” agreement in order ...

The real estate sector has a significant correspondence with climate change. Many countries are feeling the ...