Standard Chartered to plough more cash into digital banking, says Hong Kong chief

The bank's investment in new technology and fintech services came as Hong Kong Monetary Authority last year announced a range of measures to encourage local lenders to further develop technologies that allow customers to enjoy more efficient banking services via the internet or their mobile
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Strategic investors have taken a closer look of late at shares of Biglari Holdings Inc. (NYSE:BH). Given the cheap price, many are wondering if there is now value and potential upside to the name. During the most recent session, shares touched $429.39 after moving 3.85%. Here we'll take a quick glance
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Private sector analysts have questioned whether the ruling Communist Party can reach that without relying on stimulus from bank lending and government spending, which would set back efforts to nurture self-sustaining, market-oriented growth based on domestic consumption instead of exports and
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These responsible borrowers are paying the highest mortgage rates in the eurozone, because they are paying not just their own mortgage, but they are also paying the mortgages of the 20,000 or so people who have chosen not to pay their mortgages. It's time for the Government to take action to stop the
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Shares of Fortune Brands Home & Security, Inc. (NYSE:FBHS) are on our watchlist today as the stock has moved 0.69% from the open, touching $60.01 on a recent trade. While the stock has a nice low price tag to it, does it have any value? Here we'll take a quick glance at how the stock price is currently
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Com International from $58.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, November 2nd. Zacks Investment Research upgraded Ctrip.Com International from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. Oppenheimer restated a
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The instrument of reverse mortgage loan has been specially designed for such senior citizens without having to sell their homes during their life time. As the name suggests, reverse mortgage is the opposite of home loan. While a home loan enables one to buy a house in installments, a reverse
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Spurs banking on Wembley fortress Spurs striker Son Heung Min (in white), who bagged a brace against Huddersfield on Saturday, has felt at home at Wembley where he has scored 13 of his 15 goals this season. PHOTO: EPA
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Cobb will take on the leadership role of bank-wide loan operations and will be an integral member of the bank's lending team. In her new role Cobb will perform a full range of duties, including oversight of the loan operations staff, policies and procedures, file review, system maintenance and accounting
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The 1995 Supporters Summit in Houston, Texas; 22–23 September 1995.Download the complete audio of this event (ZIP) here.
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Ashton Kutcher and Mila Kunis have no plans to overly spoil their children—Wyatt Isabelle, age three, and Dimitri Portwood, age one. Kutcher revealed to Dax Shepard on his new podcast, Armchair Expert, that he won't be setting up a trust fund for his kids. 'We'll end up giving our money away to charity
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The Five Star Movement's anti-establishment credo has struck a chord with Italian voters. The populist group, which says it wants to give power back to the people, is on course to fill more seats in Parliament than any of Italy's political parties after the March 4 general election. Although it's fallen short of a
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Two years ago, Tang Xin had never set foot in Mexico and didn't know a word of Spanish. While his grasp of the language hasn't improved much since then, he has built one of the country's hottest apps. Noticias Aguila, which translates as News Eagle, now has 20 million users and became the No.
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“It's really uncharted territory,” Socarides told Betty Liu and and Yvonne Man on Bloomberg TV. “I think the opposite of being easy to win, I think it's going to be very unpredictable, and could be very dangerous and there could be a lot of collateral damage.” Still, the president may yet rethink his approach,
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Oaktree Specialty Lending Corpo (:OCSL) closed at $4.36 after seeing 312039 shares trade hands during the most recent session. This represents a change of 1.87% from the opening. The shares have moved 0.23% on the week. The closing price represents the final price that a stock is traded for on a
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Hollywood's biggest awards show is pulling double duty Sunday as a forum to address racism and sexual harassment, along with problems besetting an industry contending with a 25-year-low in movie attendance. Jimmy Kimmel speaks onstage during the 90th Annual Academy Awards. Photographer:
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Toyota Motor Corp. plans to spend $2.8 billion to make sure its system for writing the software for self-driving cars will be just as efficient as the factories that build them. The company needs faster and more reliable methods for writing software because self-driving cars require “millions and millions'' of
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China set a 2018 growth target of around 6.5 percent, omitting an intention to hit a faster pace if possible, as leaders intensify their push to ensure financial stability. The target was released Monday ahead of Premier Li Keqiang's report to the National People's Congress gathering in Beijing. While a
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A recent circular by the indirect tax department to impose 18 per cent goods and services tax (GST) for certificates issued on excess priority sector lending by banks would increase lenders' cost, as these are not eligible for full input tax credit. The Central Board of Excise and Customs (CBEC) recently
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Uber and its CEO, Dara Khosrowshahi, pushed back swiftly against a new MIT study claiming that the median income for Uber and Lyft drivers is just $3.37 per hour, and that 30% are actually losing money while they work. On Twitter, Khosrowshahi wrote that “MIT = Mathematically Incompetent Theories
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