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Insights
21-Feb-19 Hong Kong authorities are preparing to issue digital banking licences to six companies including internet and gaming group Tencent, Ant Financial, the payments business of e-commerce giant Alibaba, smartphone maker Xiaomi and insurer ZhongAn. [image: Bloomberg]
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Insights
20-Feb-19 The UAE insurance market continued its earnings momentum in 2018, posting a second year of bumper profits. Local insurers saw gross written premiums increase by 0.5%, but 2019 will be more challenging as pricing is reduced. [image: Zawya]
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Insights
18-Feb-19 Hong Kong is transforming itself into a portal for data, finance, talent and services. And as Guangdong seeks to move up the value chain and to boost the technology sector, it has promulgated a Guangzhou-Shenzhen Technology & Innovation Corridor. [image: HKTDC]
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Insights
13-Feb-19 Ripple, a real-time settlement system, currency exchange and remittance network, is extending its Asia and Middle East networks via two Emirates-based remittance businesses, UAE Exchange and Unimoni, that will link with Thailand's Siam Commercial Bank using Ripple’s blockchain-led platform. [image: Ripple]
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Insights
22-Jan-19 China’s tech boomtown of Shenzhen has eased Hong Kong out of Asia’s top five cities by economic output. The burgeoning southern metropolis booked a 2018 GDP of CNY2.4 tn (USD356 bn), representing a year-on-year surge of 7.5%. [image: Twitter]
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