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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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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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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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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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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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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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‘They’re hiring less’: China’s ‘iPhone City’ falls quiet as market rivalry intensifies

Yukang, a cluster of housing complexes, restaurants and supermarkets on the outskirts of the central Chinese city of Zhengzhou, used…

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New Business

China’s property market still needs more support, Goldman Sachs says

China’s policy easing since September has been “more effective” than past interventions to stabilise the struggling property market, but “structural…

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