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New Business

‘Two sessions’ 2025: can China boost investment narrative as AI sweetens economic outlook?

As China’s political elite gather for the country’s annual legislative sessions this week, we examine the broader forces likely to…

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New Business

Macroscope | Why Asian central banks are starting to decouple from the Fed

One after another, major central banks in Asia and the Pacific region are cutting interest rates. On February 18, the…

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New Business

Citigroup lifts CEO Jane Fraser’s total compensation by a third to US$34.5 million

Citigroup lifted CEO Jane Fraser’s total compensation to US$34.5 million for 2024, up a third from a year earlier, as…

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New Business

China’s Sany Heavy Industry eyes US$1.5 billion Hong Kong IPO, sources say

Chinese manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to US$1.5 billion, two…

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New Business

Macroscope | How Trump’s new trade war could hurt US and fix what ails China

As US President Donald Trump doubles down on his protectionist policies, he has the financial markets on his side. The…

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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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