Mark Mobius, who was known as the father of emerging markets and was among the first fund managers to invest in Hong Kong and mainland China, died on Wednesday at the age of 89, according to a statement on his LinkedIn account. The statement did not give the cause. Mobius was based in Dubai in…
Diamond-studded necklaces, golden pectorals and ceremonial small swords are among about 200 jewellery and decorative pieces, covering 4,000 years of history across five continents, to be showcased in Hong Kong from Wednesday. Titled “Treasures of Global Jewellery from the Metropolitan Museum of Art: The Body Transformed”, the show at the Hong Kong Palace Museum marks…
Hong Kong’s identity as a world-leading international hub has never been static. It has been built over time through openness, adaptability and, crucially, diversity. Recent discussions about the city’s talent strategy, including concerns that the overwhelming majority of applicants under key admission schemes come from mainland China, raise a deeper structural question: can Hong Kong…
Hong Kong has held onto its crown as the exclusive regional home of Art Basel for the next five years, the culture minister has announced, after a deal was struck to secure the partnership as the city looks to enhance its status as an international art-trading hub. Some galleries at a preview for the local…
New York : The supply shockwaves from the US and Israel’s war in Iran are spreading across the global economy, raising concerns about an inflation hit to companies and consumers that will require policymakers to raise borrowing costs. The release of the film ‘Toxic’, starring Yash, has been postponed to June for fear of missing…
Overseas galleries exhibiting at Art Central in Hong Kong are considering keeping their artworks in the city for months after the fair ends amid rising shipping prices as a result of the US-Israeli war on Iran. Ahead of the fair’s opening at the Central Harbourfront on Wednesday, gallerists told the South China Morning Post that…
Hong Kong could emerge as the world’s leading financial centre as the central government pushes to internationalise the yuan – a move that will advance the nation’s development under the 15th five-year plan while also driving the city’s own growth, a National People’s Congress (NPC) deputy has said. Li Yinquan said the city stood to…
More of the world’s billionaires live in China than anywhere else, after stock market gains and artificial intelligence generated a record number of billionaires globally, according to the latest Hurun Global Rich List. China overtook the United States to recapture bragging rights on the annual report released by Hurun Group on Thursday, with 1,110 billionaires…
Airfares from Hong Kong to European, South American and even some Asian destinations have surged amid the latest geopolitical tensions, according to industry insiders, especially on routes that typically transit through Middle Eastern aviation hubs. A check by the South China Morning Post found that airfares to such destinations had roughly tripled from Tuesday, days…
After consecutive operating deficits, the operating account has returned to profit. Simultaneously, the consolidated account records a HK$2.9 billion (US$370.6 million) surplus for 2025/26, signalling stability. This turnaround is driven largely by a buoyant stock market and a stabilising property sector, reviving stamp duty revenues and investment income. This provides fiscal space for the government…