All coverage of Hong Kong, ranked by recency.
Tokyo’s implementation of a rule that requires all property buyers to declare their nationality is raising concerns among investors, according to analysts. Japan’s shift from an ultra-loose monetary policy to gradual normalisation of its interest rates was also likely to force investors to reconsider whether real estate assets were still attractive, they added. “Japan has had a really strong ru...
From US threats to cut off intelligence support for Ukraine to a waiver of tariffs on Russian exports and a diesel deal that could help Russia fund its war, it has been a damaging week for ties between Kyiv and its most important ally, Washington. US President Donald Trump, frustrated by high energy costs he blames partly on Ukrainian strikes on Russian refineries, has repeatedly criticised Uk...
US President Donald Trump is expected to drive hard bargains on tariffs and critical minerals in his return to the Asean summit in Manila next month, with Washington seeking greater economic and strategic concessions while remaining hawkish on China. The Philippines confirmed on Wednesday that Trump would fly in for the summit from November 16 to 18, before attending the Asia-Pacific Economic C...
In Kazakhstan’s futuristic capital Astana, car dealer Auyez Kabdygali is planning a big change to his business as he switches from importing European cars to Chinese electric vehicles. Kabdygali says there is increasing demand for Chinese EVs both from locals and Russian customers due to their competitive price and quality. His grandfather is among the converts – he has an order in for a BYD Ha...
Many delegates to the International Monetary Fund’s steering committee walked out of a meeting on Saturday when Russian Finance Minister Anton Siluanov addressed the group in Russian, three sources familiar with the matter said. Russia’s invasion of Ukraine in February 2022 has roiled the International Monetary and Financial Committee, preventing it from reaching consensus statements in the ...
Coconut farmer Sombat Chuekrod travelled more than 200km (120 miles) to join hundreds on the streets of Bangkok on Friday demanding that the International Monetary Fund (IMF) and World Bank change how they deal with the developing world. Finance ministers, central bank governors and other top policymakers gathered this week in the Thai capital for the IMF-World Bank Annual Meetings, as decision...
China and America are talking again. There are leaders’ meetings, phone calls and a new channel for discussing artificial intelligence. Officials are cautiously trying to keep the relationship from veering into crisis. And yet some of the hardest questions remain untouched. Neither side is giving much ground on advanced chips, export controls remain a battlefield and neither Washington nor Beij...
Chinese chip and tech firms have flagged as much as six-fold growth in unaudited third-quarter profits, as huge demand for home-grown processors and artificial intelligence infrastructure filters through links in the supply chain amid the country’s push for self-reliance. Shanghai-listed Yuanjie Semiconductor Technology expected its quarterly net profit to land between 403 million yuan and 453 ...
European Union leaders supported creating a tool to potentially shut out Chinese goods as a growing flood of low-cost imports pushed the bilateral trade deficit to a record. Officials could start work on developing a trade “kill switch”, European Commission President Ursula von der Leyen signalled to EU leaders at a Brussels meeting on Thursday, the South China Morning Post reported, citing uni...
Indonesian officials, looking to alleviate poverty in their country and eyeing the rise of rural economies in China, are turning to Beijing for help that may include stoking the exports of a potentially lucrative durian crop. Indonesian Transmigration Minister Muhammad Iftitah Sulaiman Suryanagara began a seven-day visit to China on Monday, with Indonesia’s state-owned Antara news agency saying...
Talk of global decoupling from China has persisted for years, as has speculation that emerging economies such as India and Vietnam could soon replace it as the “world’s factory”. But for Indian hardware engineer Neeraj Arora, the growth of India’s electronics manufacturing industry has not eliminated the need to source components from China. Instead, it has changed the nature of those imports. ...
Trade between Brazil and China reached a record US$143 billion in the first nine months of the year, driven by Brazilian oil sales that surged after the war on Iran disrupted Gulf supply, according to a report by the Brazil-China Business Council. Brazilian exports to China rose 12 per cent to US$84.7 billion between January and September, while imports from China grew 9.9 per cent to US$58.6 b...
Faced with a fuel crisis beyond its control, Bangladesh’s government is spending the equivalent of hundreds of millions of US dollars each month to insulate its people from surging prices. But as growth slows and inflation rises, the new government’s reform plans are being tested before it has had much time to clean up the country’s troubled financial institutions or retool its young, abundant ...
At 17, Hong Kong secondary school student Agastya Rekhi has been teaching finance and economics to younger children for nearly three years. Meeting families struggling to understand how prices, investments and economic news impacted their daily lives during voluntary work convinced him that access to information was only part of the problem. How that information was communicated was just as imp...
