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Global sell-off in stocks slams Wall Street as oil prices leap even higher on war woes
16+ hour, 7+ min ago (276+ words) Oil prices made the leap as Iran struck the US embassy in Saudi Arabia A worldwide sell-off for stocks is slamming onto Wall Street on Tuesday, and oil prices are leaping even higher as worries rise that the war with…...
China’s pivot from GDP obsession sparks cadre confusion, tests local governance
4+ day, 5+ hour ago (557+ words) Ahead of China's annual legislative meetings " typically a window into Beijing's top-level policy agenda " this is the second entry in a series examining the complex economic recalibration driving China's growth philosophy and its wide-ranging implications for local governments, financial investors…...
‘Stability risk’: US faces rising concern as global debt soars to record high
4+ day, 19+ hour ago (226+ words) Global debt accumulation "accelerated sharply" in 2025, driven by surging investment in the US, China and Europe, report finds Global debt climbed to a record high in 2025, rising at the fastest pace since the pandemic, with China and the United States…...
Hong Kong developer Sino Land posts steady profit amid market improvements
4+ day, 19+ hour ago (206+ words) Chairman Daryl Ng highlights the city's encouraging property sales performance in the second half of 2025 Sino Land reported a net profit of HK$2.22 billion (US$284 million) in the first half of its current financial year " excluding revaluation losses on investment…...
47% of Hong Kong employees happy at work, lowest among 8 Asia-Pacific economies
4+ day, 22+ hour ago (214+ words) Less than half of local employees report feeling happy at work, compared with 56 per cent from Singapore, according to Jobsdb Hong Kong Less than half of Hong Kong employees feel happy at work, a survey has found, ranking the city's…...
Chinese regions cut growth targets for 2026
5+ day, 2+ hour ago (93+ words) Twenty-one of China's 31 provincial-level regions have set lower annual growth targets ahead of the unveiling of the national goal on March 5. Guangdong, the most populous region, cut its target for 2026 to a range of 4.5 per cent to 5 per cent, versus…...
Hong Kong’s higher stamp duty will not stop luxury homebuyers from China
5+ day, 7+ hour ago (187+ words) Mainland buyers accounted for about 80 per cent of the HK$100 million-plus deals in the city so far this year, according to Centaline The increase in stamp duty on ultra-luxury homes above HK$100 million (US$12.8 million) is unlikely to change buying…...
Hong Kong banks’ collateral asset valuations to continue declining in 2026: S&P
5+ day, 18+ hour ago (148+ words) The city's commercial property market remains on a sustained downturn, as rents continue to fall and vacancy rates soar "More collateral pain is likely this year for Hong Kong banks," the credit rating agency said in a report published on…...
Macroscope | Trump’s normalisation of market chaos can only go so far
5+ day, 20+ hour ago (206+ words) Markets assuming Trump will chicken out and downplaying risks contribute to the normalisation of Trump's chaotic behaviour It is one of the oldest sayings on Wall Street, yet the adage "markets hate uncertainty" has never stood up to scrutiny. Like…...
Macroscope | Normalisation of Trump’s chaos can only go so far
5+ day, 20+ hour ago (208+ words) Markets assuming Trump will chicken out and downplaying risks contribute to the normalisation of the US president's chaotic behaviour It is one of the oldest sayings on Wall Street, yet the adage "markets hate uncertainty" has never stood up to…...
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