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US Federal Reserve

Hong Kong developers keep discounted flats coming as they pare inventory amid rate hopes

by Anas Siddiqui
Hong Kong developers keep discounted flats coming as they pare inventory amid rate hopes

Hong Kong developers continue to hasten sales of new residential projects at discounts to reduce inventory while growing optimism that interest rates will fall this year buoys buyer sentiment. Two …

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Yuan pressure, forex volatility loom if Donald Trump re-elected: analysts

by Walter Watson
Yuan pressure, forex volatility loom if Donald Trump re-elected: analysts

Uncertainty surrounding a possible win by Donald Trump in the US presidential election in November, as well as overall geopolitical tensions, could add volatility to the foreign exchange market and …

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Hong Kong home sales fall to earth following end-of-curbs flight, dragged by gravity of high rates, inventory

by Anas Siddiqui
Hong Kong home sales fall to earth following end-of-curbs flight, dragged by gravity of high rates, inventory

In the primary market, transactions popped up significantly as soon as the government removed the property curbs. A total of 4,141 new residential units were sold in March, compared with …

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Asian dollar bond rally could extend its run, propelled by yield-seeking investors

by Anas Siddiqui
Asian dollar bond rally could extend its run, propelled by yield-seeking investors

The recent rally in Asian dollar bonds has room to run further as yield-seeking investors scramble to get exposure to this asset class with interest rate cuts looming on the …

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Hong Kong property: second-hand prices edge up in April as bargains on new units seduce buyers, analysts say

by Anas Siddiqui
Hong Kong property: second-hand prices edge up in April as bargains on new units seduce buyers, analysts say

“The second-hand home market is facing a lot of competition from the first-hand market, so prices have not had much room to grow,” said Kathy Lee, head of research at …

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Import tariffs ‘inevitably’ making US inflation worse, China commentary says, as consumers and firms continue to foot the bill

by Walter Watson
Import tariffs ‘inevitably’ making US inflation worse, China commentary says, as consumers and firms continue to foot the bill

“The US’ pursuit of anti-globalisation, decoupling and disconnection has resulted in a mismatch of global resources, as well as supply and demand, which will inevitably impose further constraints on the …

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Opinion | Is another Asian currency crisis coming? Keep an eye on China’s yuan

by Walter Watson
Opinion | Is another Asian currency crisis coming? Keep an eye on China’s yuan

This has prompted much chatter about the danger of a new Asian financial crisis similar to the one that struck in 1997. This time the impact could be worse, given …

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Opinion | Why rally in Chinese stocks is hardier than doubters think

by Anas Siddiqui
Opinion | Why rally in Chinese stocks is hardier than doubters think

The China trade is back. Since its low on January 22, the MSCI China Index, which tracks stocks listed at home and abroad, has risen 28 per cent after falling …

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Canaan unveils new bitcoin-mining machine in Hong Kong as old equipment becomes less profitable after ‘halving’ event

by Anas Siddiqui
Canaan unveils new bitcoin-mining machine in Hong Kong as old equipment becomes less profitable after ‘halving’ event

Canaan, a Singapore-based cryptocurrency-mining equipment maker, has unveiled in Hong Kong an energy-saving machine designed to help miners stay competitive after the rewards for mining bitcoin were reduced by 50 …

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Hong Kong property: most middle-income households see prices rising now restrictions are in the past, Citibank survey finds

by Anas Siddiqui
Hong Kong property: most middle-income households see prices rising now restrictions are in the past, Citibank survey finds

Among them were 200 who fell into an “affluent segment” with liquid assets of HK$1.5 million (US$190,000) or above. Almost three quarters of the wealthier respondents expressed an interest in …

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