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New Business

The View | Why US interest rate moves matter more to Hong Kong than Singapore

When the US Federal Reserve reduced interest rates last September for the first time since 2020, Wall Street banks expected…

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New Business

Hong Kong stocks on course for 4-month low as US jobs data dampens rate-cut hopes

Hong Kong stocks retreated to an almost four-month low as robust US job data pared bets that the Federal Reserve…

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New Business

Citigroup, BofA join Wall Street lenders in leaving global climate-banking alliance

Citigroup and Bank of America (BofA) said they are leaving a global climate-banking group, becoming the latest Wall Street lenders…

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New Business

Macroscope | Never mind stimulus, rebalancing is China’s real economic challenge

Few would dispute that Chinese stimulus has the capacity to move financial markets. The Hang Seng China Enterprises Index, which…

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Tech

Chinese wealth management unicorn Lufax on path to biggest US listing by Chinese issuer this year, targets US$2.4 billion IPO

Chinese wealth management unicorn Lufax Holding is selling American depositary shares (ADSs) in an initial public offering (IPO) on the…

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