Hong Kong
New York is still the richest wealth hub. Here’s which cities are gaining ground
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Despite the recurring narrative of wealth flight, New York City is still the world’s richest city, and it’s gotten […]
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MTR CEO talks about adapting to Hong Kong’s ‘new normal’
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email MTR CEO Jacob Kam talks about the challenges that Hong Kong’s rail network and properties are facing, as both travel and retail slowly recover and cope with expanding competition. Source
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Hong Kong’s top court quashes convictions of pro-democracy Tiananmen group
Campaigners attend a protest and candlelit vigil at Chinese Embassy London on June 4, 2023. Guy Smallman | Getty Images News | Getty Images Hong Kong’s top court unanimously overturned on Thursday the convictions of three former members of a pro-democracy group that organized an annual candlelight vigil to mark China’s 1989 Tiananmen Square crackdown, citing a miscarriage of justice. The ruling is a rare victory […]
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Hong Kong’s top court quashes convictions of pro-democracy Tiananmen group
Campaigners attend a protest and candlelit vigil at Chinese Embassy London on June 4, 2023. Guy Smallman | Getty Images News | Getty Images Hong Kong’s top court unanimously overturned on Thursday the convictions of three former members of a pro-democracy group that organized an annual candlelight vigil to mark China’s 1989 Tiananmen Square crackdown, citing a miscarriage of justice. The ruling is a rare victory […]
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Trump expects visit from Chinese President Xi without giving timeline
Chinese President Xi Jinping and U.S. President Donald Trump. Dan Kitwoodnicholas Kamm | Afp | Getty Images U.S. President Donald Trump said on Wednesday he expected Chinese President Xi Jinping to visit the United States without giving a timeline for his trip. Trump made the remarks to reporters on Air Force One and said “it’s possible” for the U.S. and China to have a new trade deal. A conversation or interaction […]
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Hong Kong will file complaint to WTO on U.S. tariffs, official says
The headquarters of the World Trade Organization in Geneva on Feb. 5, 2024. Fabrice Coffrini | Afp | Getty Images Hong Kong will file a complaint on recent U.S. tariffs imposed on the city to the World Trade Organization, claiming the U.S. has completely ignored the city’s status as a separate customs territory, chief secretary Eric Chan said on Tuesday. “This is absolutely inconsistent with […]
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Look to India, Japan for ‘quality alpha’ amid market uncertainty, investor says
An employee counts Indian currency notes at a cash counter inside a bank in Kolkata. Rupak De Chowdhuri | Reuters Investors searching for “quality alpha” in Asia over the next six to nine months should look to India and Japan given the uncertainty in China, according to Lincoln Pan, partner and co-head of private equity at the Asia-focused […]
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USPS temporarily suspends some inbound packages from China, Hong Kong
A United States Postal Service worker pushes a cart of packages in New York City, on Dec. 4, 2023. Brendan Mcdermid | Reuters The U.S. Postal Service said Tuesday it’s temporarily suspending all inbound packages from China and Hong Kong Posts. The change is effective immediately and will remain “until further notice,” according to an […]
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Rubio tells Panama to end China’s influence of canal or face U.S. action
TOPSHOT – U.S. Secretary of State Marco Rubio (L) shakes hands with Panama Canal Authority Administrator Ricaurte Vasquez during a tour at the Miraflores locks of the Panama Canal in Panama City on February 2, 2025. Mark Schiefelbein | Afp | Getty Images U.S. Secretary of State Marco Rubio on Sunday warned Panama’s President Jose Raul Mulino that […]
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Country Garden overdue results show steep losses amid sector’s sales slump
Country Garden Holdings Co.’s Fengming Haishang residential development in Shanghai, China, on Tuesday, July 12, 2022. Qilai Shen | Bloomberg | Getty Images Country Garden, once China’s biggest developer and now facing a liquidation lawsuit, reported steep losses on Tuesday in its long-overdue 2023 and interim 2024 financial results, hurt by large provisions amid a prolonged […]
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