Stunning gains in Chinese stocks are testing regulators’ ability to manage the ascent, as Beijing seeks to fulfil its long-standing goal of positioning the nation’s US$12 trillion equity market as a steady source of household income that can support consumer spending and economic growth. As the property market remains in the doldrums, eroding the wealth…
Singapore Ranked World’s Most Expensive City for Luxury Spending in 2025 for Third Consecutive Year (Image: iStock) If your idea of a good time involves designer shopping sprees, Michelin-star meals, and the occasional diamond-studded indulgence, then you might want to check your bank balance before booking a flight to Singapore. In the ever-shifting game of…
More government pressure is needed for Hong Kong’s aviation sector to meet its climate goals, even as uptake of sustainable aviation fuel (SAF) has risen from a low base thanks to corporate support, according to Cathay Pacific. “Regulators have a key role to play for a level playing field, so that every [player] is doing…