White House trade adviser Peter Navarro said on Monday the trade deal with China “continues in place’, walking back on his earlier remarks that the pact was ‘over’, stoking volatility in markets already frazzled by the coronavirus pandemic.
GDS Holdings Ltd., a Chinese data center company traded on the Nasdaq, is considering selling shares in Hong Kong as early as this year, following in the steps of U.S.-listed Chinese firms like NetEase Inc. and JD.com Inc., according to people with knowledge of the matter.
Macau’s tourism boss hinted in comments aired on Wednesday that circa 20,000 visitors came to the city in May. That would still be nearly double the 11,041 that arrived in April.
China's auto sales are expected to fall between 10% and 20% this year, from over 25 million units sold in 2019, an industry body said, signalling improved expectations as the world's biggest auto market starts to recover from the coronavirus pandemic.
The National People's Congress Standing Committee (NPCSC) will review the draft Hong Kong national security legislation during its meeting in Beijing over the next few days, Xinhua News Agency said on Thursday.
U.S. Secretary of State Mike Pompeo met China’s top diplomat, Yang Jiechi, in Hawaii on Wednesday amid a deep deterioration of ties between the strategic rivals, their first face-to-face meeting since last year.
Overnight HIBOR last posted at 0.10155%, according to HKAB. Meanwhile, the 1-Month HIBOR related to mortgage rate last stood at 0.43506%, down for 15 days, marking a 1-month low.
Asian firms’ business sentiment dips to 11-year low on coronavirus impact – Thomson Reuters/INSEAD survey
The latest Thomson Reuters/INSEAD survey revealed that the business morale among the Asian firms dipped to the lowest level in eleven years in the second quarter of 2020, as coronavirus pandemic continues to remain the biggest risk.
China and India have accused each other of provoking fighting in which at least 20 Indian soldiers were killed in a disputed Himalayan area.
The World Health Organization on Monday expressed concern over the new cluster of COVID-19 cases in Beijing after the Chinese capital experienced 50 days without any significant local transmission.
The Trump administration is preparing a nearly $1 trillion infrastructure proposal as part of its push to spur the world’s largest economy back to life, Bloomberg News said on Monday.
After weeks with almost no new coronavirus infections, Beijing has recorded dozens of new cases in recent days, all linked to a major wholesale food market, raising concerns about a resurgence of the disease.
The digital consumer finance platform needs to meet Hong Kong's requirements before seeking a listing on its exchange.
The death toll due to the novel coronavirus in India rose to 8,102 and the number of cases reached 286,579 after the highest single-day spike of 357 fatalities and 9,996 cases reported in the past 24 hours, according the Ministry of Health on Thursday.
Federal Reserve leaders predict a slow recovery for the U.S. economy, with unemployment falling to 9.3 percent by the end of this year and to 6.5 percent by the end of 2021, after tens of millions of Americans lost their jobs in the stunning recession caused by the outbreak of the novel coronavirus.
JD.com set to price Hong Kong secondary listing at HK$226 a share, a slight discount to Nasdaq close, a source says
JD.com, one of China’s largest e-commerce sites, looks set to price its secondary listing in Hong Kong at HK$226 a share, in one of the largest fundraisings so far this year in the city.
While GALAXY ENT (00027.HK) has been actively tapping new income sources and cutting costs, Deputy Chairman Francis Lui extended his appreciation to the staff on participation, such as forgoing director's fee, senior officers' salary trims and voluntary furlough among workers.
Kyle Bass is stepping up his bearishness toward Hong Kong and making a high-risk bet that its currency's peg to the US dollar will crumble, Bloomberg reported Tuesday.
Embattled Hong Kong carrier Cathay Pacific Airways Ltd. and its two main shareholders, Swire Pacific Ltd. and Air China Ltd., suspended trading of their shares Tuesday pending an announcement.
Japan's economy shrank 2.2% at an annualized pace in January-March, the government announced on Monday, a milder decline than the preliminary estimate of a 3.4% contraction.