Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. ( read original story ...)
Hong Kong businesses will need more fiscal support, says economist
The current virus relief package from the Hong Kong government's is not a small amount; but businesses have been hit hard by protests, the coronavirus, and renewed trade tensions, and they will need ... ( read original story ...)
As Hong Kong’s Economy Sinks, Scant Liquidity Underpins Dollar
The economy is crashing like never before, yet Hong Kong’s interest rates are expected to stay relatively elevated. That’s bad news for pretty much everyone apart from those betting on prolonged ... ( read original story ...)
Stocks in Australia set to edge higher ahead of central bank decision; major markets in Asia closed
Stocks in Australia were set to trade higher at the open on Tuesday, with major markets in Asia closed for holidays. ( read original story ...)
Reuters wins Pulitzer Prize for breaking news photography of Hong Kong protests
Police fire tear gas and rubber bullets at anti-extradition bill protesters during clashes in the Sham Shui Po district of Hong Kong, China, August 14, 2019. Reuters has been awarded the 2020 Pu ... ( read original story ...)
Hong Kong falls deeper into recession; US factory orders tumble – as it happened
Rolling coverage of the latest economic and financial news, as investors worry about new trade war between Washington and Beijing ... ( read original story ...)
IPO Launch: Kingsoft Cloud Holdings Seeks $425 Million In U.S. IPO
KC has produced strong revenue growth but no significant gross profit and continues to generate large operating losses and operational cash burn. ( read original story ...)
Hong Kong’s Exchange Fund suffers $11 bln losses in first quarter
Hong Kong's Exchange Fund suffered losses of HK$86.1 billion ($11.11 billion) in the first quarter of 2020, central bank Hong Kong Monetary Authority told local lawmakers in a regular briefing on ... ( read original story ...)
Hong Kong Stocks Reopen With Worst Start to Month Since 2011
Hong Kong stocks slumped amid signs the bullish sentiment that had added $14 trillion to global equity values is now faltering. ( read original story ...)
IPO Update: Kingsoft Cloud Holdings Proposes IPO Terms
Kingsoft Cloud Holdings aims to raise $425 million in a U.S. IPO. The company provides a range of software and services to assist Asia-based enterprises in tran ... ( read original story ...)
Hong Kong Plans Bounce-Back After Two Weeks With No Local Coronavirus Cases
Hong Kong passed a crucial milestone of two weeks, or one full quarantine period, without recording any new, locally transmitted coronavirus infections, as it charts a course out of its deepest ... ( read original story ...)
Breakingviews – Corona Capital: Elon Musk, Tencent’s Afterpay deal
Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. ( read original story ...)
Hong Kong dragged deeper into recession by Covid-19 pandemic – business live
Rolling coverage of the latest economic and financial news, as investors worry about new trade war between Washington and Beijing ... ( read original story ...)
The Latest: Hong Kong economy at lowest level since 1974
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it ... ( read original story ...)