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New Business

Exclusive | Hong Kong seeks new partner to get 11 Skies back on track amid New World’s debt: sources

Airport Authority Hong Kong is in talks with New World Development (NWD) to get a massive commercial property project at…

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Economists call for reform as China’s famed marketisation index drops

Chinese economists have called for more pro-market reforms to tackle economic imbalances and vicious intra-industry competition, as a new report…

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Why can’t Hong Kong retail landlords cut rents for struggling tenants?

In a commercial rental market beset by high vacancy rates, many Hong Kong landlords feel stuck between a rock and…

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China sees surge in sales of duty-free goods amid inbound tourism boom

Major Chinese cities have reported a surge in purchases of tax-refundable goods by foreign tourists in recent months, as new…

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Hong Kong leaders say city is good place to seek stability, capitalise on China growth

Hong Kong is an ideal place for investors to seek stability and move resources away from riskier parts of the…

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Macroscope | Why investors banking on ‘peak Trump’ are dangerously wrong

In the past month, Wall Street banks have come out with their midyear outlooks for the global economy and markets.…

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Emperor’s financial struggle mirrors the current state of Hong Kong’s property sector

Just over five years ago, residential and commercial real estate prices and rents were hitting record highs. Developers reported robust…

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‘Summer Davos’ panel mulls secret sauce of US economy – did China crack the recipe?

The American economy has outperformed others by relying on a sort of secret, magic “sauce”, but Washington’s tariff and immigration…

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New Business

Open Questions | Jin Liqun reflects on tumult and triumphs in AIIB’s eventful first decade

A veteran of international finance, Jin Liqun is president and chair of the board of directors at the Asian Infrastructure…

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New Business

Alibaba’s Joe Tsai says open-sourcing its AI models will boost firm’s cloud business

Alibaba Group Holding chairman Joe Tsai said that open-sourcing large language models (LLMs) would spur a surge in artificial intelligence…

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