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Standard Chartered to invest US$1.5 billion in profit-driving wealth business

Standard Chartered, one of Hong Kong’s three note-issuing banks, will invest US$1.5 billion in its wealth-management business over the next…

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New Business

China+10: how multinationals are revamping their supply chains for Trump 2.0

After US President Donald Trump launched a trade war against Beijing during his first term in office, many multinationals adopted…

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New Business

Yuan trade finance rises in Hong Kong as firms seek cost efficiencies amid US-China tensions

The use of the yuan in trade finance is gaining momentum as companies seek cost efficiencies and supply chain diversification…

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New Business

China’s top exporting regions pare back GDP targets under shadow of tariff threats

China’s top exporting regions have set moderate targets for gross domestic product in 2025, naming external pressure as a reason…

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New Business

China gets major Nigeria rail project back on track by granting key loan

Chinese state lenders have approved a loan for a key segment of a new cross-country rail project in Nigeria, in…

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New Business

Chinese EVs are poised to push out to global markets, using Hong Kong as a stepping stone

The China Association of Automobile Manufacturers (CAAM) hosted its first automotive industry supply chain summit in Hong Kong on Wednesday,…

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New Business

Opinion | Can Global South and G20 lead new era of poverty reduction?

The absence of US President Joe Biden from the G20’s first group photo is perhaps emblematic of what the world…

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