Hedge funds boost options bets for yuan to strengthen past 7
Hedge funds are ramping up options wagers, signalling that the Chinese yuan’s rally against the US dollar still has room to run. Advertisement Their...
Hong Kong police inspector spared jail for running red light, causing injury
A Hong Kong court has spared a police inspector from jail for driving through a red light and causing serious injuries to a pedestrian...
Tesla sees exodus of South Korean retail investors as crypto’s allure rises
South Korea’s retail investors are losing faith in Tesla’s stock, ramping up their selling last month amid growing disillusionment with the electric carmaker and...
Why South Korea and Japan are turning against foreign homebuyers
Government measures to deter foreign buyers from purchasing residential properties are by no means the preserve of Asian economies. In February 2024, Canada extended...
China’s 3 Food Delivery Giants Report Huge Drop in Profits in 2nd Quarter
The second quarter financial reports of China’s three major food delivery platforms have been released, showing a significant drop in profits. Although the companies...
French influence in Vietnam declines as Chinese language, culture gain ground
As Vietnam celebrates the 80th anniversary of its declaration of independence from colonial rule this week, French cultural influence remains ubiquitous, but not many...
Hong Kong’s crop of green bonds, ESG funds flourishes
Hong Kong was responsible for nearly half of the green bonds issued in Asia in 2024 and saw a surge in sustainability-related funds, as...
South Korea’s Samsung, SK Hynix stocks sag after US revokes China chip permits
Shares of Samsung Electronics and SK Hynix slid on Monday after the Trump administration decided to make it harder for the world’s largest memory...
Hong Kong, 2 mainland Chinese cities named UN body’s top innovation cluster
A cluster of cities comprising Hong Kong and two others from mainland China has been named the world’s top innovation hub, a feat attributed...