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FBR seizes 2.75m kg of non-duty-paid tobacco

. ISLAMABAD: Pakistan continues to face serious challenges posed by illicit trade and unlawful activities in the tobacco sector. The…

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New Business

Solar rush to deliver substantial benefits

. Men load solar panels on a rickshaw at a market in Karachi. Source: Reuters KARACHI: Pakistan’s citizen-led solar revolution…

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Accord to set rules on Pakistan’s factory heat risks

CRI warns garment workers face rising climate-driven risks in global supply chains KARACHI: Pakistan and Bangladesh, despite being among the…

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Jingdong underperforms Hang Seng on debut despite 60-times oversubscribed IPO

Strong demand for Jingdong Industrials’ HK$2.98 billion (US$383 million) IPO failed to carry through to trading on Thursday, testing investor…

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Hong Kong’s IPO juggernaut projected to raise up to US$45 billion in 2026: KPMG

Hong Kong’s initial public offering (IPO) market is expected to raise up to HK$350 billion (US$45 billion) next year, extending…

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Hong Kong stocks extend losses as Wall Street caution weighs on sentiment

Hong Kong stocks fell for the third consecutive day on Wednesday, tracking a lacklustre session on Wall Street, as investors…

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Tencent quits Paramount’s Warner Bros bid amid US regulatory concerns

Chinese social media and gaming giant Tencent Holdings has pulled out of US media group Paramount Skydance Corp’s takeover bid…

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Why Japanese firms in China are unfazed by rising tensions: ‘we’ve been careful’

Beijing and Tokyo’s war of words over Taiwan was expected to be bad news for Japanese businesses in China. Previous…

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New Business

Hong Kong stocks extend losses amid rate-cut caution and muted China policy outlook

Hong Kong stocks extended their losing run for a fourth day on Tuesday, tracking Wall Street’s overnight pullback, as traders…

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New Business

Mainland China tycoon pays US$32.1 million for Hong Kong penthouse as luxury deals pick up

A duplex penthouse at Kerry Properties’ Mont Verra development in Beacon Hill, Kowloon Tong, sold for HK$250 million (US$32.1 million)…

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