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US Federal Reserve

Hong Kong property deals surge to their highest since August as stable interest rates lure buyers

by Anas Siddiqui
Hong Kong property deals surge to their highest since August as stable interest rates lure buyers

The number of property transactions in Hong Kong surged 17 per cent in January to 4,399 deals from a month ago, with total sales rising 12.5 per cent to HK$37.79 …

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US interest rates ‘weapon’ affecting Hong Kong property, with China economic recovery only ‘light at the end of the tunnel’, JLL chairman says

by Anas Siddiqui
US interest rates ‘weapon’ affecting Hong Kong property, with China economic recovery only ‘light at the end of the tunnel’, JLL chairman says

Tsang joined JLL in 1984, at a difficult time for the property market. Negotiations between China and the United Kingdom over the future of Hong Kong had led to a …

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China’s market stabilising measures ‘steps in the right direction’ to end slump, UK fund manager Abrdn says

by Anas Siddiqui
China’s market stabilising measures ‘steps in the right direction’ to end slump, UK fund manager Abrdn says

China’s latest efforts to prop up the stock market are set to lift investor confidence and stock valuations, according to UK asset manager Abrdn. More policy consistency from the top …

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Real Reasons For Bitcoin Crash Revealed, Not GBTC

by Isaac Wright
Real Reasons For Bitcoin Crash Revealed, Not GBTC

In his latest essay, Arthur Hayes, the founder of BitMEX, articulates a contrarian perspective on the recent downturn in Bitcoin’s price, refuting the mainstream narrative that attributes the decline to …

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Japan stocks surge to 34-year high, but rally could slow amid expected shift in monetary policy

by Walter Watson
Japan stocks surge to 34-year high, but rally could slow amid expected shift in monetary policy

The bank has been following such a policy by holding down interest rates to encourage consumer spending. Its policy has sharply contrasted with the US Federal Reserve, which has hiked …

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Fed interest rate stance could help ‘pummelled’ yuan, China could feel ripple effects of 2024 cuts

by Walter Watson
Fed interest rate stance could help ‘pummelled’ yuan, China could feel ripple effects of 2024 cuts

The US Federal Reserve’s dovish monetary stance and its hint of three interest rate cuts in 2024 may bring some relief to Chinese businesses and the yuan, said analysts and …

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Hong Kong stocks join global rally as US Federal Reserve signals end to interest rate rises

by Anas Siddiqui
Hong Kong stocks join global rally as US Federal Reserve signals end to interest rate rises

Hong Kong stocks joined a global rally after the Federal Reserve left interest rates unchanged at its latest meeting and signalled an end to its aggressive hikes. The Hang Seng …

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Hong Kong stocks slip as Longfor leads losses on China policy meeting offers no relief for property market slump

by Anas Siddiqui
Hong Kong stocks slip as Longfor leads losses on China policy meeting offers no relief for property market slump

Hong Kong stocks retreated as investors fret over the lack of fresh stimulus from China’s key policy meeting this week, with no new statement about measures to fix the troubled …

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Hong Kong stocks snap 3-day slide as markets bet on China meeting catalyst, technicals support bounce

by Anas Siddiqui
Hong Kong stocks snap 3-day slide as markets bet on China meeting catalyst, technicals support bounce

Hong Kong stocks snapped a three-day slide after technical indicators showed the sell-off over the past two weeks to near a 14-month low is overdone. A key political and economic …

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Oil price decline eases Asia’s inflation fears as Opec cuts disappoint

by Walter Watson
Oil price decline eases Asia’s inflation fears as Opec cuts disappoint

The cuts are likely to keep supply-demand tightly balanced, analysts said. Delegates had earlier discussed as much as 2 million barrels per day of new production cuts, which had been …

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