Wealthy Americans are already looking to the election and are prepared to "vote with their feet" if taxes go up. ( read original story ...)
Ant Group’s IPO Has Deep Implications For Alibaba
Chinese equity markets were seemingly impervious to the escalating tensions between the U.S. and China which saw the closure of a consulate in each of the two countries. ( read original story ...)
Bankers Leaving Hong Kong Face Grim Job Markets and Higher Taxes
After several years weighing the pros and cons of leaving Hong Kong, Ms Lee is taking the plunge and moving to Canada. Though she has no job lined up, faces higher taxes and will have to endure harsh ... ( read original story ...)
New Zealand Suspends Extradition Treaty With Hong Kong
New Zealand has suspended its extradition treaty with Hong Kong and made a number of other changes in light of China's decision to pass a national security law for Hong Kong, Foreign Affairs Minister ... ( read original story ...)
Foreign banks refuse accounts of senior Hong Kong officials
A leading Hong Kong official has said senior members of the city’s government are finding it increasingly difficult to bank with foreign institutions as tensions mount between China and the US over ... ( read original story ...)
Asian Stocks Set for Muted Start; Gold Steadies: Markets Wrap
Asian stocks looked set to for a muted start to trading Tuesday after their U.S. counterparts closed higher on speculation the Federal Reserve will reinforce its dovish message. Gold steadied at a ... ( read original story ...)
Hong Kong Tension May Hasten Daiwa’s Plans to Shift to Mainland
Daiwa Securities Group Inc. may accelerate plans to scale back its presence in Hong Kong if the tension in the Chinese territory worsens significantly, according to the Japanese brokerage’s deputy ... ( read original story ...)
Hang Seng to Launch New Index of Benchmark-Beating Tech Stocks
A new index focused on China’s technology giants is set to give investors greater access to their growing dominance in Hong Kong’s market.The new index will track the 30 largest tech companies listed ... ( read original story ...)
Hong Kong Bans Gatherings Of More Than 2 People After COVID Cases Rise
Hong Kong unveils its toughest coronavirus restrictions yet, including a ban on gatherings of two or more Hong Kong made headlines on Monday for announcing its latest round of restrictions aimed at ... ( read original story ...)
The next global financial crisis looms as coronavirus batters demand, warns former Hong Kong Monetary Authority chief Joseph Yam
Covid-19 has pushed the world to the brink of another financial crisis, as ‘problematic’ global QE programmes won’t overcome the slump in consumption, says Joseph Yam, former chief of Hong Kong’s de ... ( read original story ...)
New Tech Index Tracks the Likes of Alibaba, Tencent in Hong Kong
The Hang Seng Tech Index monitors the performance of the 30-largest tech companies listed in Hong Kong. Hong Kong as a stock market has always had very traditional bent, dominated by banks and ... ( read original story ...)
Hong Kong, Which Had All But Beaten Coronavirus, Adopts Tough Restrictions Amid a Troubling Surge
We have many untraceable cases and it’s difficult to eliminate the hidden transmission chain in a short period of time.” Hong Kong has avoided the strict lockdowns seen in the U.S., Europe and ... ( read original story ...)
Toyko, Sydney Aim to Lure Edgy Hong Kong Financial Firms, but Singapore a Top Draw
High taxes and costs, bloated bureaucracies and cultural differences in some of these Asia-Pacific nations present formidable challenges for the Hong Kong financial institutions t ... ( read original story ...)
Hong Kong to Ban Dining-in, Gatherings Of More Than Two
Hong Kong will ban all dine-in services at restaurants and public gatherings of more than two people not from the same family starting Wednesday, as the city’s worst coronavirus outbreak shows no sign ... ( read original story ...)