Exclusive | ‘Silver economy’: Hong Kong’s boomers flock to Greater Bay Area to afford retirement homes

Exclusive | ‘Silver economy’: Hong Kong’s boomers flock to Greater Bay Area to afford retirement homes

The retirement needs of Hong Kong’s baby boomers consist of three pillars: stable income, access to affordable and quality healthcare, and reasonably priced accommodation, according to the chief executive of BOC Life. “These aspirations of a generation with significant wealth now entering retirement are easily attainable, as the quality of cross-border healthcare services improves and…

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Indian shares open higher, lifted by L&T

Indian shares open higher, lifted by L&T

(Reuters) -India’s equity benchmarks opened higher on Wednesday, boosted by stronger-than-expected earnings from infrastructure major Larsen & Toubro. The Nifty 50 rose 0.28% to 24,890.4 points and the BSE Sensex gained 0.32% to 81,594.52 as of 9:15 a.m. IST. Fourteen of the 16 major sectors advanced at open. The broader mid-caps and smallp-caps added 0.2%…

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Asian stocks steady as investors brace for tariff deadline and Fed

Asian stocks steady as investors brace for tariff deadline and Fed

By Gregor Stuart Hunter SINGAPORE (Reuters) -Asian stocks rose modestly on Wednesday, with investors cautious after trade talks between the U.S. and China ended without any substantive agreement and ahead of the Federal Reserve’s policy announcement. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.3%, led by gains for Taiwanese stocks, after U.S….

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Innovation platform for smart tech launched

Innovation platform for smart tech launched

China Mobile logo is seen on an office building in Beijing. [Photo by Sun Chi/chinadaily.com.cn] A major national open innovation platform for artificial intelligence has been unveiled to leverage the collective strength of State-owned enterprises and the broader industrial chain for accelerating the development of the AI sector in China. Guided by ministries including the…

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