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BHP drops Anglo American bid again as rival rejects new proposal

BHP Group has walked away from a fresh takeover approach for Anglo American, ending an unexpected and short-lived attempt by…

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New Business

China’s market regulator Wu Qing appears in public after resignation report

China’s top securities watchdog appeared in public just hours after he was reported to have offered his resignation, in what…

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New Business

Stock bulls everywhere beware: the US market rally narrative is loaded with risks

Bullish sentiment towards stocks is rampant in the US, as one Wall Street strategist after another raises their target for…

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New Business

Hong Kong developers put more than 200 flats on sale amid interest-rate optimism

Hong Kong developers are selling more than 200 residential units on Friday, taking advantage of improved buying sentiment fuelled by…

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New Business

China mostly unscathed by turbulent 6 months, but 2025 still an uphill climb

While China’s economy has shown considerable resilience through a turbulent first half of 2025 – navigating the dramatic twists and…

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New Business

Ant International: numerical AI model is the GPT of financial services

Ant International predicts that its artificial intelligence (AI) model for foreign exchange (FX) could have as large an impact on…

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New Business

Why China’s yuan needs Hong Kong to reach new international heights

The third and final part of the decoupling series looks at how Hong Kong’s financial system is crucial for China…

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New Business

HKMA keeps base rate steady in lockstep with Fed’s defiance of Trump’s push amid trade war

The HKMA maintained the base rate at 4.75 per cent on Thursday after the Fed left its target in a…

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New Business

US jobs growth likely slowed in April as economy braces for tariff impact, poll shows

US employment growth probably decelerated in April and the jobless rate held steady, illustrating healthy yet moderating labour demand entering…

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New Business

Will fresh US tariffs on China be ‘too large to absorb, too conspicuous to dodge’?

As the final reports reviewing US-China trade relations arrive at the Oval Office by today’s deadline set by President Donald…

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