Finance Sector Pay Cuts Spark Call for ’Good Financial Service’, Hong Kong Economy Shows Resilience

Pay cuts in the finance sector signal the need to provide 'good financial service'. Hong Kong economy pressed on with growth in the second quarter. Plus, the US to help Amazon nations fight illicit finance, and the youngest members of the boomer generation face increasing financial dangers and uncertainty around retirement.

Sources:
https://www.chinadaily.com.cn/a/202407/28/WS66a5b3e5a31095c51c51053a.html
https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3272184/hong-kong-economy-pressed-growth-second-quarter-finance-chief-paul-chan-says
https://www.france24.com/en/live-news/20240727-us-to-help-amazon-nations-fight-illicit-finance-yellen-says
https://www.foxbusiness.com/media/youngest-members-boomers-face-increasing-financial-dangers-uncertainty-retirement

Outline:
(00:00:00) Introduction
(00:00:44) Pay cuts in finance sector signal the need to provide 'good financial service'
(00:03:27) Hong Kong economy pressed on with growth in second quarter: Paul Chan
(00:06:11) US to help Amazon nations fight illicit finance, Yellen says
(00:08:51) Youngest members of boomer generation face increasing financial dangers, uncertainty around retirement