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Hong Kong Monetary Authority Reports 0.8% Increase in Deposits for September 2024

Hong Kong Monetary Authority Reports 0.8% Increase in Deposits for September 2024

Hong Kong Monetary Authority's September 2024 data reveals a 0.8% rise in total deposits, with Hong Kong dollar and foreign currency deposits contributing to this growth.

Hong Kong Monetary Authority Grants Banking Licences to GIL and KGIB

Hong Kong Monetary Authority Grants Banking Licences to GIL and KGIB

The Hong Kong Monetary Authority has granted banking licences to Guanyin International Limited and KGI Bank Co., Ltd., increasing the total number of licensed banks in Hong Kong to 151.

Hong Kong Monetary Authority Announces Tender for 2-Year Exchange Fund Notes

Hong Kong Monetary Authority Announces Tender for 2-Year Exchange Fund Notes

The HKMA will conduct a tender for 2-year Exchange Fund Notes on November 22, 2024, offering HK$1,200 million worth of notes with a 3.19% interest rate.

Indonesia Launches Sovereign AI Initiative with NVIDIA and Partners

Indonesia Launches Sovereign AI Initiative with NVIDIA and Partners

Indonesia collaborates with NVIDIA and partners to launch Sahabat-AI, an open-source AI model aimed at enhancing digital sovereignty and inclusivity across various sectors.

Gemini Launches Dedicated App for iPhone Users

Gemini Launches Dedicated App for iPhone Users

Gemini's new iPhone app offers a seamless experience with enhanced features for learning, creativity, and productivity, now available alongside Google's existing platforms.

NVIDIA Launches BioNeMo Framework to Revolutionize Drug Discovery and Molecular Design

NVIDIA Launches BioNeMo Framework to Revolutionize Drug Discovery and Molecular Design

NVIDIA unveils the open-source BioNeMo Framework, aiming to transform the biopharma industry by accelerating drug discovery and molecular design through advanced AI and supercomputing.

Hong Kong Monetary Authority Warns of Fraudulent Websites Targeting China Construction Bank Customers

Hong Kong Monetary Authority Warns of Fraudulent Websites Targeting China Construction Bank Customers

The Hong Kong Monetary Authority alerts the public about fraudulent websites imitating China Construction Bank's online services, urging caution and immediate reporting of suspicious activities.

Japan Faces Challenges in Combating Crypto Money Laundering and Scams

Japan Faces Challenges in Combating Crypto Money Laundering and Scams

Japan's crypto ecosystem grapples with money laundering and scams, despite low exposure to global illicit entities. Authorities intensify efforts to address these issues.

NCA Targets Russian Money Laundering Networks in Major Operation

NCA Targets Russian Money Laundering Networks in Major Operation

The UK’s National Crime Agency disrupts a major Russian money laundering network, leading to 84 arrests and the seizure of over 20 million Euros in cash and cryptocurrency.

Hong Kong Monetary Authority Reviews Currency Board Operations and Economic Outlook

Hong Kong Monetary Authority Reviews Currency Board Operations and Economic Outlook

The Hong Kong Monetary Authority discusses the stability of the HKD, economic growth, and risks in global markets during a recent meeting.

HKMA Warns Public of Fraudulent Website Linked to ICBC (Asia)

HKMA Warns Public of Fraudulent Website Linked to ICBC (Asia)

The Hong Kong Monetary Authority alerts the public about a fraudulent website and internet banking login screen related to Industrial and Commercial Bank of China (Asia) Limited.

Hong Kong Monetary Authority Announces Results of RMB Sovereign Bond Tenders

Hong Kong Monetary Authority Announces Results of RMB Sovereign Bond Tenders

The Hong Kong Monetary Authority has released the results of the RMB Sovereign Bond tenders conducted on December 11, 2024, showcasing the issuance of 2-year RMB Bonds.

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