As part of the agreement with New York’s Department of Financial Services, StanChart will suspend clearing activity for high-risk Hong Kong business clients and exit certain client relationships at its branches in the United Arab Emirates.  Photograph: Bloomberg

Standard Chartered will be barred from processing transactions for some high-risk clients as part of a $300 million (€225 million) settlement with New(...)

Dublin-headquartered SMBC Aviation Capital, which last month said it will buy $11.8 billion of planes from Airbus Group in the largest single-aisle aircraft order ever placed by a leasing company, is understood to have emerged as a bidder for Awas’ aviation assets. Photograph: Fabian Bimmer/Reuters

Dublin-headquartered SMBC Aviation Capital and Hong Kong Aviation Capital are understood to have joined the bidding for aircraft assets being sold by (...)

A combination of file photographs show Hong Kong actor Jaycee Chan (L) arriv and Taiwanese actor Kai Ko. Jaycee Chan, son of martial arts superstar Jackie Chan, has been arrested in Beijing in connection with possible drug use. Photograph: Tyrone Siu/Steven Chen/Reuters.

Hong Kong action superstar Jackie Chan’s actor-son Jaycee Chan has been detained in Beijing on drug-related charges.The 31-year-old is the latest high(...)

Shark fins drying in Hong Kong: Most Chinese consumers surveyed online said they gave up shark fin soup in the past three years. Photograph: Antony Dickson/AFP/Getty Images

President Xi Jinping’s crackdown on corruption aims to root out all corruption in the country, whether it involves massive wealth accumulated by the p(...)

Pedestrians and shoppers in the Causeway Bay district of Hong Kong, which is linked to Queensway by Hennessy Street, named after Corkman Sir John Pope Hennessy, eighth governor of Hong Kong between 1877 and 1882.  Photograph: Brent Lewin/Bloomberg

Taking the “ding ding” tram along Hennessy Street in Wan Chai, a busy thoroughfare connecting Queensway and Causeway Bay in the west, you see a street(...)

The recent Mercosur summit in Caracas, Venezuela. Photograph: EPA

After being stalled for years, trade talks between the EU and the South American bloc Mercosur are showing signs of life, with a deal that could have (...)

Paul Costigan: “I was caught up in start-up culture”

Paul Costigan is chief executive of Senseg, a Finnish-headquartered company whose feel-screen “haptic” technology is garnering huge interest among maj(...)

Billionaire Li Ka-shing: keen to diversify out of Hong Kong.  Photograph: Lam Yik Fei/Bloomberg

Last week it was reported that Asia’s richest man, Hong Kong tycoon Li Ka-shing, was looking to buy the Dublin-based Awas Aviation Capital. Li is a le(...)

 Albert Yeung: can sue Google for defamation

A court in Hong Kong has ruled that tycoon Albert Yeung, head of the Emperor Group, can sue web search giant Google for defamation because an autocomp(...)

Fruits are for sale at the Agro-Food Market in Bronisze near Warsaw in  Polandtoday. Russian president Vladimir Putin lhas  ordered agricultural import bans on countries that have levied economic sanctions against Russia for its role in the separatist fighting in Ukraine’s east. Photograph: Rafal Guz/EPA

The European Union and the United States are tightening sanctions against Russia, targeting its energy, banking and defence sectors in the strongest i(...)