Yuan rises as preferred carry trade currency
The yuan is emerging as a preferred funding currency for carry trades in the global market, following Japan’s shift…
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Hong Kong
H. Kong holds base rate unchanged at 5.75%
The Hong Kong Monetary Authority (HKMA) kept its base rate at 5.75 per cent in line with the US Federal Reserve's…
Mainland Chinese buyers drive Hong Kong property surge
Mainland Chinese buyers are flocking to Hong Kong's property market, making up 20 to 30 per cent of new home sales,…
China Vanke receives govt. support amid property crisis
China’s government stepped in to bolster China Vanke, a state-backed property firm currently facing financial…
China solar stocks soar on curtailment relief hopes
Chinese solar stocks soared on Monday as investors expected the government to ease limits on solar power…
H. Kong lefts property curbs to revive market
Hong Kong announced significant measures to boost its struggling real estate market by eliminating all tightening…
Hong Kong’s Oasis sues NEC over JAE sale
Oasis Management, a hedge fund in Hong Kong, filed an injunction to stop NEC from selling its shares in its public…
Alibaba discloses state ownership amid SEC inquiry
Alibaba Group Holding Ltd. revealed a broader network of Chinese government stakes in its business units, in…
Asian stocks down, dollar up
Asian shares continued a global sell-off on Wednesday, while the dollar and Treasury yields rose as traders…
Oil prices decline as Israel says ‘concluded’ Gaza strikes
Oil prices in early Asian trade fell on Monday after Israel announced the conclusion of a series of strikes in…
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