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China credit engine goes into reverse, piles pressure on Beijing

by Anas Siddiqui
China credit engine goes into reverse, piles pressure on Beijing

If the central bank is struggling to steer loans towards consumers and companies, there are ways it can support fiscal spending instead. Analysts expect the PBOC to slash its reserve …

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All spot Bitcoin ETFs see inflows, analyst doubts dynamics will repeat

by Isaac Wright
All spot Bitcoin ETFs see inflows, analyst doubts dynamics will repeat

All 11 spot Bitcoin ETFs saw inflows for the first time since the launch in January. According to Bloomberg analyst Eric Balchunas, such dynamics were recorded on May 3. However, he expressed …

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Hong Kong renews push to become hub for insurance-linked securities as World Bank lists its cat bonds in the city

by Anas Siddiqui
Hong Kong renews push to become hub for insurance-linked securities as World Bank lists its cat bonds in the city

Hong Kong is keen to support economies in mitigating risks arising from natural disasters and will enhance its expertise in managing financial losses from such perils, the head of the …

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US says defence pact with Saudi Arabia not possible without normalising Israel ties

by Walter Watson
US says defence pact with Saudi Arabia not possible without normalising Israel ties

US says defence pact with Saudi Arabia not possible without normalising Israel ties US National Security Adviser Jake Sullivan insisted the Biden administration will enter into a defence pact with …

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Hong Kong’s crypto ETFs off to bumpy start amid slumping bitcoin price, low trading volumes

by Anas Siddiqui
Hong Kong’s crypto ETFs off to bumpy start amid slumping bitcoin price, low trading volumes

Hong Kong’s newly launched cryptocurrency exchange-traded funds (ETFs), hailed as a milestone in the city’s efforts to become a virtual asset hub, have so far failed to generate much interest …

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Global investors snap up Chinese stocks for third month in a row, in more upbeat tone for US$9 trillion market

by Anas Siddiqui
Global investors snap up Chinese stocks for third month in a row, in more upbeat tone for US trillion market

Foreign investors loaded up on Chinese stocks for a third straight month in April, adding to evidence that global fund managers have become more positive about the world’s second-largest market. …

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Post wins gold with property and Greater Bay Area reporting at Hang Seng University’s 8th Business Journalism Awards

by Anas Siddiqui
Post wins gold with property and Greater Bay Area reporting at Hang Seng University’s 8th Business Journalism Awards

Reporters of the South China Morning Post won gold in two award categories at the Hang Seng University’s 8th Business Journalism Awards. The Post’s veteran journalist Enoch Yiu won gold …

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Chinese economy: China set to post slowing growth on housing, consumption woes

by Ron Morgan
Chinese economy: China set to post slowing growth on housing, consumption woes

China’s economy is expected to have slowed in the first three months of the year as it continues to be buffeted by a debilitating property sector crisis and flagging consumer …

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Christopher Hui in New York to promote Hong Kong’s superconnector role in meetings with likes of Michael Bloomberg, Fed CEO

by Anas Siddiqui
Christopher Hui in New York to promote Hong Kong’s superconnector role in meetings with likes of Michael Bloomberg, Fed CEO

The Secretary for Financial Services and the Treasury will meet Michael Bloomberg, founder of financial media company Bloomberg and former New York City mayor, on Tuesday. He will also address …

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Nato should recruit Singapore, Philippines, Japan, Thailand and others, former supreme allied commander says

by Walter Watson
Nato should recruit Singapore, Philippines, Japan, Thailand and others, former supreme allied commander says

The Nato military alliance should consider broadening its membership to include Asia-Pacific nations, said a former Nato supreme allied commander. “Nato should think about recruiting a few new members from …

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