A more robust system for local banks to obtain liquidity and an enlarged monetary base make it near impossible for currency speculators to mount a successful attack on the Hong Kong currency, according to the Hong Kong Monetary Authority, which said there’s few parallels with conditions today and those in 1997 to 1998 which saw authorities launch a shock and awe defence of the financial system at the height of the Asian financial crisis.
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Personal accident policies for cyclists may not be new, but one novel product takes it a step further by arranging non-financial services like a doctor's home visit and even housekeeping and meal services.
Seeking more foreign talent, China is rolling out new initiatives from March 1 that will make it easier for foreigners, especially ethnic Chinese, to obtain the elusive green card that will do away with work visas and provide access to public services.
“We steal other people’s stuff in the cyber domain,” retired General Michael Hayden said at a cybersecurity conference in Miami Beach.