The development of Hong Kong’s gold and commodities trade is expected to create “new growth momentum” for the economy, the finance chief has said, vowing authorities will focus on expanding the city’s storage capacity amid intense regional competition. Financial Secretary Paul Chan Mo-po also said on Sunday that gold trading had significant growth potential as…
Lam, co-founder of new media art group Dimension Plus, who has a new media arts degree from New York University, focuses on using technology such as AI to create immersive audio-visual experiences. Like Siu, Lam works with artists across disciplines to create shows that push the limits of arts experiences. For example, for Reconnect 2023:…
Hong Kong must move quickly to regain a strong position as a gold trading centre, which could be a “game-changer” for the economy, the city leader has said, as competition heated up in the region following Singapore’s recent opening of a 500-tonne depository. Chief Executive John Lee Ka-chiu on Thursday admitted that Hong Kong needs…
Hong Kong police have for the first time smashed a local fraud syndicate that used deepfake technology to swap the faces of the swindlers with those of attractive women in video calls to cheat love-struck men in the region, including Singapore, out of HK$360 million (U$46 million). The force said on Monday it had arrested…
China’s been an engine of regional growth for the past three decades, but its mounting economic woes have cast a shadow over its neighbors. As China’s top leaders get serious about reviving the economy, Beijing’s next policy steps could determine if it will again be a regional tailwind. For regional economies, it’s not about whether…
Goldman Sachs has refreshed its lists of top global stock picks, adding some and removing others. The stocks are featured in the investment bank’s “Conviction List – Directors’ Cut,” which it says offers a “curated and active” list of buy-rated stocks. They are selected by a subcommittee in each region which “collaborate with each sector…
The dollar extended its gains in early Monday trades in Asia as a holiday in Japan sapped liquidity, leaving China’s somewhat disappointing weekend stimulus announcements the focus of market attention. Alfexe | Istock | Getty Images The dollar extended its gains in early Monday trades in Asia as a holiday in Japan sapped liquidity, leaving…
When millions of Chinese flew abroad for the “golden week” holiday, not all plans involved visiting museums, high-rolling in casinos or relaxing on a beach – many ended up touring university campuses in Singapore. Chinese parents, known to go the distance to give their children the academic edge, used their holiday to size up higher…
SINGAPORE (Reuters) -China said on Saturday it will “significantly increase” government debt issuance to offer subsidies to people with low incomes, support the property market and replenish state banks’ capital as it pushes to revive sputtering economic growth. Finance Minister Lan Foan told a news conference there will be more “counter-cyclical measures” this year, but…
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story The investment world has quickly swapped its insignia over the past couple of weeks….