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Following Donald Trump's win in the U.S. presidential election in early November, SGX's benchmark Straits Times Index rose to 17-year highs. (Nikkei montage/Source photo by Reuters)
Trading Asia

Singapore outruns Hong Kong in 'Trump trade' stock rally

ST Index bests Hang Seng as investors eye 'havens'; South Korean stocks fall further

9 December 2024
A Cathay Pacific aircraft takes off at Hong Kong International Airport on the day of the official launch of its third runway.
Travel & Leisure

Hong Kong airport expands as Trump tariffs loom

3 runways operating simultaneously reflects government's hope for higher traffic

29 November 2024
Hong Kong's Financial Services and the Treasury Bureau has proposed exempting virtual assets, overseas property, carbon credits and other investments from capital gains taxes.
Cryptocurrencies

Hong Kong to exempt hedge funds, family offices from crypto tax

Move part of city's drive to become wealth management hub

28 November 2024
Bharatiya Janata Party (BJP) supporters celebrate in New Delhi on Oct. 8 during polls in northern Haryana state. 
Your Week in Asia

India state polls, G20 summit, Hong Kong national security case

Your weekly lineup of Asia's biggest business and political events

17 November 2024
Economist Stephen Roach is pictured during an earlier visit to Hong Kong in June.
US-China tensions

'Don't be so smug' on Trump tariffs, Stephen Roach warns in Hong Kong

Economist says threat should be taken 'literally' with global economy at tipping point

15 November 2024
A stock display in Shanghai on Nov. 7. The markets appear underwhelmed by the government's latest economic stimulus program, while they continue to digest the potential impact of Donald Trump's return as U.S. president.
Markets

Chinese stocks diverge amid stimulus disenchantment, Trump worries

Chip rally fuels mainland indexes as $1.4tn debt swap disappoints

11 November 2024
Pedestrians walk through downtown Hong Kong in July. The city looks to draw more people from the mainland. (Photo by Shinya Sawai)
Politics

Hong Kong opens doors wider to mainland Chinese as birth rate drops

Territory looks outward for talent amid baby bust and brain drain

30 October 2024
Hong Kong Chief Executive John Lee is seen on a screen as he delivers his annual policy address at the Legislative Council on Oct. 16.
Politics

Hong Kong cuts liquor duty, eases mortgage rules for economic spark

John Lee policy speech stresses 'shining' prospects despite retail and property woes

16 October 2024
Sun Hung Kai Properties' Cullinan Sky condo project has garnered attention recently for its unusually low prices. (Photo by Kensaku Ihara) 
Property

Hong Kong developers unload apartments at deep discounts

Sun Hung Kai homes sell out fast in sign market is trying to put the worst behind it

15 October 2024
A junction in Shanghai with a display of stock indexes. A recent series of stimulus measures has propelled a Chinese market rally, but investors are eyeing the scale of expected fiscal spending.
Markets

China, Hong Kong shares volatile after fiscal stimulus is outlined

Investors still anxious for spending specifics; analysts see reasons for optimism

14 October 2024
China's stock markets are seesawing as authorities roll out stimulus measures but investors remain unsure of the full scope.
Markets

China stocks rebound as central bank starts $70bn securities swaps

CSI 300 rises 1.6% while Hang Seng climbs 3% after previous day's wipeout

10 October 2024
Shanghai's Lujiazui financial district. The Chinese stock markets have had a wild ride triggered by government stimulus moves.
Markets

China stocks take biggest dive since 2020 as stimulus skepticism emerges

CSI 300 falls 7%; attention shifts to upcoming Ministry of Finance announcement

9 October 2024
A brokerage house in Shanghai in 2020. Chinese investors have been rushing to open brokerage accounts to catch the rally in the country's markets.
Markets

China stocks climb but doubts grow, Hong Kong sinks as much as 10%

Stimulus disappointment restrains mainland's CSI 300; some investors eye exit

8 October 2024
The Hong Kong Monetary Authority introduced virtual banking under the city's 'smart banking era' initiatives in 2017. (Nikkei montage/Source photos by Reuters)
Finance

Hong Kong virtual banks struggle to turn profits after four years

City's 'smart banking era' lenders face interest rate headwinds

7 October 2024
Hong Kong's Causeway Bay district bustles with tourists on Oct. 2, during China's National Day holidays. Despite an influx of visitors, retail officials say demand is nowhere near the pre-pandemic level.
Retail

China's National Day break offers little relief for Hong Kong retailers

Sales outlook weak as mainlanders seek experiences over shopping sprees

7 October 2024
A stock board in Shanghai's financial district in March 2023. The Chinese markets are riding high after authorities rolled out fresh stimulus measures.
Equities

China stocks extend stimulus-fueled surge heading into holiday

Bulls drive benchmark CSI 300 to its best day since 2008

30 September 2024
Vincent van Gogh's "Les Canots Amarrés" led the auction of 42 other masterpieces at Hong Kong Christie's on Sept. 26. Works by French impressionist Claude Monet and England-based street artist Banksy were also featured. (Photo by Grace Li)
Arts

Van Gogh work fetches $27.6m at Hong Kong Christie's, below estimates

Lukewarm bidding at the auction house's new Asia headquarters highlights slowing demand

27 September 2024
A recent report published by the Economist Intelligence Unit says, "Singapore has solidified its position as an international financial center, benefiting from China's crackdown on the rival business hub of Hong Kong." (Source photos by Ken Kobayashi)
Finance

Singapore to 'mop up' finance business leaving Hong Kong: report

EIU says Japan and India also to benefit amid Chinese markets' challenges

16 September 2024
A man walks past an election banner of presidential candidate Namal Rajapaksa outside the Sri Lanka Podujana Peramuna (SLPP) party office near Colombo.
Your Week in Asia

Sri Lanka votes, Midea lists in Hong Kong, BOJ policy meeting

Your weekly lineup of Asia's biggest business and political events

15 September 2024
The addition of Alibaba Group Holding in the Hong Kong Stock Connect could draw $12 billion in six months from the mainland, according to one estimate.
Equities

Alibaba's Hong Kong listing upgrade set to spur China money outflows

Stock Connect inclusion could draw billions of dollars into e-commerce group's shares

7 September 2024
People in Haiphong secure fishing boats as coastal Vietnamese areas brace for Typhoon Yagi. (Screenshot from Vietnam Television, VTV1)
Natural disasters

Supertyphoon Yagi forces Vietnam airport closures, including Hanoi

Supply chain and UNESCO tourism site hit, while Hong Kong stock market shut

6 September 2024
Hong Kong's skyline, with the International Finance Centre tower at center, developed by Henderson Land Development. (Photo by Ken Kobayashi)
Property

Hong Kong's major property developers suffer from revaluation losses

Reassessments eat into bottom lines as rents drop in weakening economy

5 September 2024
A pedestrian crossing in Hong Kong in June. Japanese business sentiment in the city has been in negative territory for more than two years. (Photo by Ken Kobayashi)
Hong Kong security law

Hong Kong economic, security pressures sour Japanese business sentiment

Survey shows deepening concern over personnel exodus and information restrictions

4 September 2024
Macao in June: Some mainland Chinese are believed to use casinos in Macao as a way to circumvent strict capital controls by Beijing. (Photo by Ken Kobayashi)
Politics

Macao casinos rake in revenue as authorities target money changers

Unlicensed services for gamblers seen as path to skirt Beijing's capital controls

1 September 2024
The Shenzhen-Zhongshan Link opened in June. (Photo by Shizuka Tanabe)
Economy

With 24 km bridge-tunnel link, Shenzhen tech hub set to sprawl further

Firms eye Zhongshan across river delta as site for future growth

31 August 2024
An influx from mainland China is shoring up Hong Kong's population. (Photo by Shinya Sawai)
Economy

Hong Kong population edges up from end-2023 as mainlanders move in

City touts programs to lure talent amid questions over long-term prospects

15 August 2024
John Lee, center, in Ho Chi Minh City. He is the first Hong Kong chief executive to visit Vietnam, Cambodia and Laos. (Photo by Lien Hoang)
Trade

Hong Kong has ASEAN backing to join RCEP trade pact: John Lee

City goes on charm offensive after COVID-19, security law dent reputation

6 August 2024
Lu Xinyi is among the entrepreneurs at the Bays Work accelerator in Shenzhen. (Photo by Itsuro Fujino)
Startups

Hong Kong startup founders flock north to tech hub Shenzhen

Mainland city's incentives draw new businesses as Beijing pushes integration

3 August 2024
China has served up new economic support measures for Hong Kong coinciding with the 27th anniversary of the city's handover from the U.K. (Photo by Ken Kobayashi)
Economy

China charms Hong Kong with economic boosts, from pandas to visas

Chief Executive John Lee urges city to 'capitalize' on what Beijing offers

2 July 2024