interest rates

New Business Jobs

Hong Kong is poised for 2,800 new flats as developers await rate cuts to unleash inventory

Fed chairman Jerome Powell gave the strongest hint of a reduction in rates, which are at a 23-year high, during…

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New Business Jobs

Opinion | South Korea, Australia show rate cuts are no cure-all for property markets

In South Korea, for example, the mere expectation that borrowing costs will soon be reduced has contributed to a sharp…

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New Business Jobs

Why China’s risky bond rally has put PBOC on the offensive to optimise yields

The rate continued to fall, dipping below 2.1 per cent this month before PBOC intervention sent it back up to…

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Apple, Nvidia lead sell-off as stock markets plunge on US recession fears

US stock futures sunk as investors’ concerns deepened over a slowing US economy and an overheated rally in the tech…

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Hong Kong’s July home sales fall for the third month as supply glut defies discount war

Hong Kong’s home sales fell for the third consecutive month in July, declining by 3.5 per cent from the previous…

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New Business Jobs

Opinion | US must ground its economic policy in reality, sooner rather than later

This is not a narrative that the Biden administration will be anxious to have broadcast in the run-up to the…

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New Business Jobs

Hong Kong developers keep pricing flats to move amid supply glut, high rates

Hong Kong developers continue to rely on attractive pricing as a strategy to clear their swollen stock as interest-rate cuts…

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