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15 Feb Leaving China, long-time EU trade group chief says investors remain keen, but with more reservations

Posted at 18:55h in Asia

“It has been the most amazing journey,” the German executive spoke of his four decades in China, witnessing the country’s emergence from the dark days of the Cultural Revolution and growing to become the world’s second-largest economy.Joerg Wuttke, president emeritus of the European Chamber of...

14 Feb China’s gold jewellery market shines as culturally resonant designs draw young buyers to safe-haven metal

Posted at 00:30h in Asia

The rise of the guochao or “China chic” trend, which celebrates Chinese identity, coupled with the increasing value of gold, has created significant market opportunities in the gold jewellery market in China, which was valued at 410 billion yuan (US$57 billion) in 2022, according to...

13 Feb India’s stock weightage climbs to record high on MSCI Global Standard index, seen rising further

Posted at 05:21h in Asia

India’s stock weightage climbs to record high on MSCI Global Standard index, seen rising furtherIndex provider MSCI raised India’s weightage in its Global Standard (Emerging Markets) index to a historic high of 18.2 per cent following its February review, and the changes will come into...

11 Feb Chinese companies set to benefit if front-runner Prabowo Subianto seals victory in Indonesian presidential election

Posted at 08:08h in Asia

Days before Indonesians vote for their first new president in a decade, opinion polls favour an ex-general bent on continuing an economic strategy anchored on business ties to China while vowing to sustain a more neutral foreign policy stance between Washington and Beijing.As the...

07 Feb Star China banker’s disappearance made his firm a buyout target

Posted at 04:01h in Asia

About a year after Bao Fan disappeared from public view, his boutique Chinese investment bank is shrinking and being circled by rivals.Almost a third of China Renaissance Holdings’ staff in Hong Kong, which includes investment banking, private equity and wealth management teams, have either resigned...

06 Feb Opinion | China must shield the rest of its economy from the property contagion

Posted at 11:30h in Asia

What is more alarming is the extent of the crisis across real estate and other sectors of the world’s second-largest economy, and the real dangers if policymakers opt for pathways that could extend the recession and depth of the downturn.Evergrande is only part of an...

30 Jan How Hong Kong entrepreneur Tommie Lo went from doing schoolwork at sea to building a career around education

Posted at 05:00h in Asia

If given HK$8 million (about US$1 million) to spend, entrepreneur Tommie Lo would invest in something that is close to his heart and also benefits society: rescuing dogs.“I want to do something new that is meaningful and impactful,” Lo says. “I’m a big dog lover,...

25 Jan Advancing Hong Kong’s innovation landscape: trailblazing new industrialisation

Posted at 02:00h in Asia

In a strategic move to become Asia’s innovation hub, Hong Kong is enhancing its efforts to attract start-ups and innovators. The Hong Kong Chief Executive’s 2023 policy address revealed a visionary plan, featuring the establishment of a New Industrialisation Development Centre backed by a HK$10...

08 Jan Boeing Max grounding goes global as carriers follow FAA order

Posted at 02:45h in Asia

“We are very fortunate this didn’t end up in something more tragic,” Jennifer Homendy, the head of the National Transportation Safety Board, said at a press conference in Portland, Oregon, on Saturday. “We’ve now determined based on our definition of substantial damage that this is...

07 Jan Deriving True Wealth from Making a Difference in Other People’s Lives

Posted at 16:00h in Asia

[The content of this article has been produced by our advertising partner.]By founding the charity “Youth Arch Foundation”, training local youth and personally visiting AIDS orphans in Mainland China, Norris exemplifies the concept of “influencing other people’s lives with her own”.Changing Life’s TrajectoryNorris, who was...

Economy Tag