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Hong Kong stock market tumbles most in eight months

Bloomberg Hong Kong stocks sank the most since November as profit taking in some of the city’s top performing shares sparked a wider selloff. The Hang Seng Index dropped as much as 2.1 percent before paring declines to 1.5 percent at the close. Tencent Holdings Ltd., Galaxy Entertainment Group Ltd. and Geely Automobile Holdings Ltd. were the biggest losers on ...

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Banks dump $15bn bonds in India tug-of-war with foreigners

Bloomberg India’s $750 billion sovereign-debt market is caught in a tug of war between foreign investors and state-run banks, the biggest holders of the securities. As lenders sold Rs95,200 crore ($14.7 billion) of sovereign bonds last quarter, overseas funds added more than Rs42,200 crore to their holdings of the debt. The dichotomy is stemming from the potential for future gains ...

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‘Exchanger programme’ of Emirates NBD sees 245 percent growth

Dubai / Emirates Business Emirates NBD, a leading bank in the region and a pioneer in private sector CSR volunteering in the UAE, has announced that its award-winning Exchanger programme has completed thirteen thousand seven hours of volunteering so far this year, thus coming close to completing its fifteen-thousand-hour target for 2017. The Exchanger programme which has grown 245% since ...

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