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New Business

Chinese state banks’ 2024 profits rise and bad loans dwindle even as margins narrow

Chinese banks are reporting higher profits and smaller bad debts, helped by the central bank’s flexibility on how lenders provide…

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New Business

Opinion | Trump’s trade policy is misguided but don’t be quick to blame tariffs

As the clock ticks down to Donald Trump’s planned imposition of “reciprocal tariffs” on US trade partners on April 2,…

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New Business

The View | Why the future looks so promising for luxury property in Asia

These are testing times for real estate markets the world over. United States President Donald Trump’s aggressive trade protectionism and…

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New Business

Explainer | What is actually in China’s new plan to boost consumer spending?

The top organs of the Chinese government and the ruling Communist Party jointly released a 30-point plan to boost domestic…

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ICBC Asia backs Hong Kong developers with stable loan support amid sector’s challenges

ICBC (Asia) sees no undue risk in lending to Hong Kong’s large property developers and will also continue to write…

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New Business

Trump’s tariffs to reshape global trade with key role for Hong Kong: StanChart chairman

US President Donald Trump is unlikely to impose “super tariffs” on China, although his trade policies could create new trade…

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New Business

China unveils 30-point toolbox to lift consumption

China has vowed to increase household wealth, boost the stock and property markets and funding for artificial intelligence (AI), under…

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New Business

Tencent’s Weixin Pay chases Chinese tourists in Singapore with Sentosa deal

Tencent Holdings’ Weixin Pay, a leading digital payment platform in China, is expanding its presence in Southeast Asia to capitalise…

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New Business

How Hong Kong’s property slump is affecting asset values owned by celebrities and tycoons

Hong Kong’s weakening retail sales and slumping property market have sharply reduced the capital values of commercial real estate owned…

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New Business

Trump declines to rule out 2025 US recession; commerce secretary says ‘absolutely not’

US President Donald Trump declined on Sunday to rule out the possibility that the United States might enter a recession…

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