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India’s Spice Board tells Everest, MDH to give details of quality checks

by AIP Online Bureau | Apr 23, 2024 | Health, Indian News, Regulation, Risk Management

Hong Kong this month suspended sales of three MDH spice blends and an Everest spice mix for fish curries. Singapore has also ordered a recall of the Everest spice mix and advised against its consumption New Delhi: India’s spice exports regulator has asked MDH...
Hong Kong approves first bitcoin, ethereum spot ETFs

Hong Kong approves first bitcoin, ethereum spot ETFs

by AIP Online Bureau | Apr 15, 2024 | Eco/Invest/Demography, International News, Technology, Wealth Management/ Philanthropy

The step comes just three months after the U.S. launched the first U.S.-listed ETFs to track spot bitcoin. The U.S. launch set an example for other regions as it has already drawn roughly $12 billion in net inflows Hong Kong: Hong Kong’s securities regulator...
Fosun said to revive sale of Hong Kong’s $1 billion Peak Re

Fosun said to revive sale of Hong Kong’s $1 billion Peak Re

by AIP Online Bureau | Feb 8, 2024 | International News, Reinsurance

Founded in 2012, Peak Re focuses on insurance including property and casualty, and life and health, its website shows. It has more than 580 clients across 60 markets in Asia Pacific, Europe, the Middle East, Africa and the Americas. Fosun International Ltd. has...

Hong Kong court orders property firm China Evergrande to liquidate after plan for $300B debt fails

by AIP Online Bureau | Jan 29, 2024 | Eco/Invest/Demography, International News, Risk Management

China Evergrande Group is one of the biggest of a series of Chinese developers that have collapsed since 2020 under official pressure to rein in surging debt the ruling Communist Party views as a threat to China’s slowing economic growth Hong Kong: A Hong Kong...

India pips Hong Kong to become 4th-largest stock market

by AIP Online Bureau | Jan 23, 2024 | Eco/Invest/Demography, Features, Policy, Wealth Management/ Philanthropy

The combined value of shares listed on Indian exchanges reached $4.33 trillion as of Monday’s close, versus $4.29 trillion for Hong Kong, according to data compiled by Bloomberg. That makes India the fourth-biggest equity market globally. Its value crossed $4 trillion...
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