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HSBC's Hong Kong chief quits post


The head of HSBC's Hong Kong unit is leaving his post after more than two decades at the British lender.

The departure of Mark McCombe, who will become chairman of investment firm BlackRock's Asia-Pa

Asia stocks fall as Obama plan fails to spark rally


Asian stocks fell on Friday as a $447 billion jobs package from U.S. President Barack Obama failed to entice investors back into equities amid concerns that political wrangling could see it watered do

Asia to add 1.66 mln millionaires by 2015 - report

Asia will add 1.66 million dollar-millionaires by 2015, taking the total number of wealthy to 2.82 million as the world's fastest-growing major economies of China and India continue to mint millionair

'Red Monkey' stamps fetch record price in Hong Kong

A highly sought-after rare set of ‘Red Monkey’ stamps to celebrate the 1980 Year of the Monkey was sold for a record $184,000 at a Hong Kong auction on Sunday, the organiser said.

The stamps were ori

Bruce Lee’s coat sold for $77,000

A coat worn by Bruce Lee for his last film Game of Death sold for $77,000 at a rare auction of the late kung fu icon’s items in Hong Kong Saturday, far above pre-sale estimates. Thirteen items went under the hammer at the sale, believed to be the largest-scale auction of Lee memorabilia in the southern Chinese city, where the martial arts star was raised before moving to the US in his late teens.

Bruce Lee's coat fetches $77,000 at HK auction

A coat worn by Bruce Lee for his last film ‘Game of Death’ sold for $77,000 at a rare auction of the late kung fu icon's items in Hong Kong on Saturday, far above pre-sale estimates.

Thirteen items w

Bruce Lee items to be sold at Hong Kong auction

Bruce Lee.jpg.crop_display.jpg

Thirteen items belonging to the late kung fu legend Bruce Lee, including a 1966 letter he wrote and a fur-lined coat will go under the hammer in a Hong Kong auction next week, a report said on Saturda

HSBC may cut thousands of jobs: report


HSBC Plc is close to announcing that it will cut thousands of jobs as it embarks on a cost-cutting drive, Sky News reported, citing people close to Europe's biggest bank.

The plans have not yet been

Cricket: ICC bans government meddling

Cricket's governing body on Thursday banned countries from appointing politicians to national cricket boards, vowing to free the sport from undue government influence.

The International Cricket Counc

ICC may include associate nations in 2015 WC

Under fierce criticism from associate members, the International Cricket Council (ICC) made a U-turn on Tuesday and decided that 14 teams will participate in the 2015 World Cup, a change from the earlier ten-team format announced earlier in 2011.

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.