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Opinion | Global finance is quietly moving east

The opening of the International Monetary Fund’s (IMF) Shanghai Centre on December 8 attracted limited attention outside specialist financial circles.…

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New Business

Chinese biotech Scizeng’s global licensing deal to yield up to US$1.44 billion

A Chinese biopharmaceutical firm has sealed a global licensing deal valued at up to US$1.44 billion, the second in a…

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New Business

China’s sovereign wealth fund reveals it opened London office after Trump win

China’s flagship sovereign wealth fund has revealed that it opened a representative office in London shortly after Donald Trump’s victory…

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Shanghai bets on manufacturing to buttress finance in two-pronged growth plan

Shanghai, mainland China’s top finance and trade hub, is set to double down on efforts to prevent the “hollowing out”…

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Hong Kong’s arbitration edge boosts legal finance, Burford CEO says

Hong Kong holds strategic advantages as an arbitration hub in Asia, particularly due to its unique arbitration framework and growing…

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China has lent more to US than any other country since 2000, report finds

China’s lending since the turn of the century has been “vastly” larger than previously understood, with loans and grants increasingly…

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Hong Kong’s Tsim Sha Tsui holds ground as world’s fourth priciest shopping district

Hong Kong’s Tsim Sha Tsui remained the world’s fourth most expensive retail strip with rents at US$1,515 per square foot…

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Exclusive | China’s sovereign fund sidelines executives amid worries over US scrutiny

China’s flagship sovereign wealth fund has moved three of its managing directors to new, subordinate roles, sources told the Post,…

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New Business

Anthropic commits US$50 billion to build AI data centres in US

Anthropic plans to spend US$50 billion to build custom data centres for artificial intelligence work in several US locations, including…

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New Business

Hong Kong ranks behind Dubai, Singapore in list of top destinations for the rich

Hong Kong ranks fourth globally as a destination for high net worth individuals (HNWIs) thanks to its robust business and…

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