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Mobiles a financial lifeline for migrants
AFP, Published on 20/05/2013
» Asia's mobile revolution is set to transform the region's financial services industry, offering a cheap way for millions of migrant workers to send money home to their families, a report said on Monday.
HSBC to sell stake in China insurer Ping An for $9.4 bn
AFP, Published on 05/12/2012
» Britain's HSBC said Wednesday it would sell its stake in China's second largest life insurer Ping An to a Thai firm for $9.4 billion, in a shift back towards its traditional banking business.
Facebook friends Wall Street with planned $5 bn IPO
AFP, Published on 02/02/2012
» Investors have come down with Facebook fever after the social networking titan filed to go public and seek to raise $5 billion in the largest flotation ever by an Internet company on Wall Street.