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Risk or opportunity? Pakistan enters volatile crypto market

Representations of cryptocurrency bitcoin are seen in this illustration picture created in Paris, France, March 9, 2024. — Reuters In…

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Delay in budget, IMF conditions trigger stock market pullback

A stockbroker monitors share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi, 21 January 2025.…

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Party journal says China can establish effective market stabilisation fund

China has the financial strength to set up a market stabilisation fund thanks to its strong economy and large foreign…

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Cathie Wood sees AI driving US$10 trillion global robotaxi revolution

Cathie Wood, the star stock picker behind Tesla’s stratospheric valuation, has doubled down on her bets, citing the convergence of…

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New Business

Hong Kong Urban Renewal Authority’s US$1.54 billion bond issue gets strong response

Demand for a HK$12 billion (US$1.54 billion) issuance of senior bonds by Hong Kong’s Urban Renewal Authority (URA) exceeded supply…

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Hong Kong property buyers willing to forfeit deposits than pay above-market prices

The number of new-home buyers who have forfeited their deposits has jumped by nearly a fifth in the first half…

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Unit of Chinese developer R&F Properties defaults on US$147 million in interest payments

Chinese developer R&F Properties said a subsidiary missed interest payments on offshore notes in another sign of escalating troubles for…

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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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