hong kong

Political flashpoints could hurt Southeast Asia

SINGAPORE (July 22): With major elections in India, Indonesia, Thailand and the Philippines over, talks resuming between North Korea and the US, President Donald Trump calling off a military strike against Iran at the last minute, and China and the US neg

Global Economy

Briefs

SINGAPORE (July 22): “Carrying around their cup was a status symbol. They were the first store in New York to offer extra virgin olive oil. Now Amazon has extra virgin olive oil. Everyone has extra virgin olive oil.” — Restaurant critic Joshua David

Geopolitics

Political flashpoints could hurt Southeast Asia

SINGAPORE (July 22): With major elections in India, Indonesia, Thailand and the Philippines over, talks resuming between North Korea and the US, President Donald Trump calling off a military strike against Iran at the last minute, and China and the US neg

Startups, Entrepreneurs, Digital economy

Ping An-backed Lufax to ditch P2P lending amid regulatory woes: sources

(July 18): Lufax, one of China’s largest online wealth management platforms that is backed by financial giant Ping An Insurance, plans to exit its once-core peer-to-peer lending (P2P) business, three sources with direct knowledge of the matter told Reut

China Focus

Nervous Hong Kong millionaires are moving their cash to Singapore

(July 13): Private bankers are being flooded with inquiries from investors in Hong Kong who are worried about the long-term effects of the political crisis in the Chinese city.

Geopolitics

Wealth managers head to Singapore as China concerns dim Hong Kong's lure

HONG KONG/SINGAPORE (June 28): Some foreign wealth managers are scrapping plans to open offices in Hong Kong in favour of Singapore, as the rich begin to move funds from the Chinese territory where a new extradition bill has stoked public unrest, people f

China Focus

Many in Hong Kong, fearful of China's grasp, flee to Taiwan

TAIPEI/HONG KONG (June 18): For Hong Kong resident Yung Xiu Kwan, 67, a proposed extradition law that would allow people in the former British colony to be sent to mainland China for trial was the final straw.

Geopolitics

Protesters block main roadways in Admiralty: Hong Kong

(June 16): Hundreds of thousands of black-clad demonstrators are marching through central Hong Kong in a show of defiance after the city’s leader suspended consideration of the China-backed extradition plan that has already sparked some of the biggest p

Geopolitics

Hong Kong suspends China extradition bill

(June 15): Hong Kong’s leader suspended efforts to pass a bill allowing extraditions to China, in a dramatic reversal that she said was necessary to restore order in the Asian financial hub and avoid further violence and mass protests.

Commentary

The Road to Beijing

SINGAPORE (June 17): What is it about the rivalry between Singapore and Hong Kong? On the face of it, the two cities have much in common: former British colonial outposts turned cosmopolitan centres for international business and finance. Underpinning the
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