Hong Kong’s exports rose by nearly 43 per cent year on year in April, driven by strong global demand for artificial intelligence-related electronics, although the government warned that the Middle East war could cloud the near-term outlook. Provisional figures released by the Census and Statistics Department on Thursday showed that the total value of exports…
Hong Kong has overtaken Switzerland as the world’s largest cross-border wealth hub, driven by an initial public offering (IPO) bonanza and capital inflows from mainland China, according to Boston Consulting Group (BCG). Cross-border wealth booked in Hong Kong climbed 10.7 per cent in 2025 to US$2.95 trillion, narrowly beating Switzerland’s US$2.94 trillion after rising 7.6…
Hong Kong’s finance chief has called for deeper cooperation and greater dialogue with Europe despite disagreements on some issues, saying engagement is crucial amid growing geopolitical uncertainty. Writing in his weekly blog on Sunday after a five-day trip to France, Belgium and Switzerland, Financial Secretary Paul Chan Mo-po said European political and business leaders were…
Hong Kong’s finance chief has begun a five-day European tour, starting in France, as part of the city’s latest push to attract global capital and reinforce its status as an international financial hub. Financial Secretary Paul Chan Mo-po arrived in Paris on Monday, where he met representatives of the Association Francaise de la Gestion Financiere…
Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. Hello Morning Bid readers! The long-awaited summit between U.S. President Donald Trump and his Chinese counterpart Xi Jinping hogged the spotlight this week, despite producing little market-moving news. The real story remains the stalemate in the Middle…
ZURICH, May 8 (Reuters) – Swiss voters are evenly split on whether to back a referendum proposal to restrict Switzerland’s population to 10 million, an opinion poll showed on Friday. The Swiss government is opposed to the initiative championed by the right-wing Swiss People’s Party (SVP) that goes to a vote on June 14, saying…
May 4 (Reuters) – The International Atomic Energy Agency said on Monday meteorological monitoring equipment at the Russian-held Zaporizhzhia nuclear power plant in southeastern Ukraine had been damaged by a drone. The Zaporizhzhia plant, Europe’s largest with six reactors, was seized by Russian forces in the early weeks of Moscow’s February 2022 invasion of Ukraine….
ZURICH, April 29 (Reuters) – A slim majority of Swiss are backing an upcoming referendum proposal to limit Switzerland’s population to 10 million, and support for it is growing, an opinion poll showed on Wednesday. The government has rejected the initiative backed by the right-wing Swiss People’s Party (SVP) being put to voters on June…
KINSHASA, April 28 (Reuters) – The United States said on Tuesday it is not funding any security units tasked with policing or guarding mines in Democratic Republic of Congo after Kinshasa announced plans to launch a paramilitary force to secure mining sites. Congo’s General Inspectorate of Mines (IGM) said in a statement on Monday that…
April 28 (Reuters) – Canadian Prime Minister Mark Carney has been invited to attend next month’s summit of the European Political Community (EPC) in Armenia, European Council President Antonio Costa said on Tuesday, adding that this marked the first time that a non-European country was taking part in the event. • “Europe and Canada are…