With consumption taking a hit in fraught economic times, safe-haven investments are outshining discretionary diamond purchases in the eyes of many Chinese buyers.
The influence and spending potential of China’s Gen Z population make them a major target group for many brands, both large and small.
Analysts say Beijing is preparing ‘for all types of situations’ in a trade war with the US that shows no sign of abating after six years, as the leading presidential candidates vow to turn up the heat.
With household debt at worrisome levels, curbing consumption and China’s economic recovery, Beijing is interjecting in the largely unregulated process with new guidelines for issuing loans and collecting arrears.
Former government economist, 51, takes the reins from Lee Hsien Loong, scion of founding prime minister Lee Kuan Yew.
Singapore’s fourth prime minister sworn in on Wednesday evening, taking the reins at a time of intensifying great power rivalry abroad and an increased appetite for political opposition at home.
A high-level official with the International Monetary Fund has said if divisions persist between China and the West, the damage that would be done to the global economy would be considerable.
A record 246,000 international visitors flocked to the spring session of the Canton Fair over the last three weeks in Guangzhou, but deals signed rose by only 10 per cent from the previous edition.
Less than 30 per cent of Hong Kong businesses plan to use senior job titles to attract or retain talent, though the practice is more common in certain sectors, and could be at odds with younger workers’ expectations.
Total venture-capital investment in China in the first quarter fell 30 per cent quarter on quarter to US$11.5 billion amid economic uncertainty, geopolitical tensions, though China still accounted for eight of the top 10 deals.
Hong Kong, once the world’s busiest port, was knocked to 11th place in 2023 by Dubai’s Jebel Ali port, while Shanghai and Singapore retained the top two spots, according to data from Alphaliner.
Frederic Genta, a high-ranking official from the principality, holds a flurry of meetings with government officials and investors in Macau and Hong Kong. ‘We can be a small door to Europe,’ he says.
Global fashion retailer Ralph Lauren will explore the ‘still significant’ growth opportunities in China’s key cities as it expands in a ‘disciplined and sequenced’ manner.
AI firm Bilby, says it can generate insights about what governments may intend to do – predicting regulatory changes ahead of the event.
Chinese tea shop giant Sichuan Baicha Baidao Industrial aims to raise HK$2.5 billion (US$330 million) in a Hong Kong initial public offering, set to be the city’s largest new-share sale of the year, regulatory filings show.
There is a growing need for advanced climate modelling and risk-assessment analytics for better disaster preparedness, as well as planning to reduce risk, protect lives and promote resilience, according to Aon.
The Women Workplace Index, which was launched on Tuesday, will collect data from firms on policies and practices such as those against sexual harassment, as well as maternity leave and equal pay.
SMEs’ understanding of and readiness to employ new tech lags behind their belief that it will confer benefits, survey finds.
Leading China hawk Mike Gallagher said US support for the island is ‘rock-solid’ and will remain so regardless of the result of November’s elections
Visa waiver makes city state more accessible but early signs suggest Chinese tourists are not so interested in luxury shopping.
Chinese embassy spokesman said incident ‘further highlights’ the need for international supervision of release operation.
After Nauru’s diplomatic switch from Taipei, experts are watching for shifts in regional security, balance of power.
Halal Pavilion event will showcase food and consumer goods from around the world, raise awareness.
Post has prepared a guide for residents with the long-delayed, pay-per-use municipal waste-charging scheme set to take effect on August 1.
Post sums up what passengers are upset about, whether Cathay flight prices have changed and if passengers have ways to navigate disruptions.
Nancy Ip, president of Hong Kong University of Science and Technology, says people doing passion-driven research have to be supported.
AI tool especially good at identifying ‘smaller growths which might otherwise go undetected’ and progress to cancer if missed, Chinese University of Hong Kong team says.
The birth of female pup April follows a nearly 20-month effort involving the park’s veterinary and animal husbandry teams, and an unexpectedly long gestation period.
Airport Authority chairman Jack So tells aviation symposium that city hopes to increase flight links beyond 40 belt and road countries already covered.
MTR Corporation says it is aware of online social media messages about people receiving passes and has reported case to police.
