A strengthening Chinese yuan has added to a flurry of catalysts driving stocks in mainland China and Hong Kong to solid starts in 2026, with history suggesting the uptrend could hold. The CSI 300 Index of yuan-denominated onshore equities and the Hang Seng Index have risen more than 3 per cent this year after the…
The US is in danger of falling increasingly behind China in 2026 as the Asian giant tightens its grip on drones, battery storage, robots and manufacturing, although the No 1 risk to global stability is the US under President Donald Trump, Eurasia Group said on Monday in its closely watched annual forecast of threats, challenges…
Hong Kong is expected to see a rise in bond issuance across multiple currencies in 2026, driven by rising demand for non-US dollar assets amid geopolitical tensions and government initiatives to strengthen the city’s capital markets, according to industry players. As part of efforts to promote the local bond market, the Hong Kong Monetary Authority…
Renowned economist Peter Schiff has sounded alarm bells, predicting an impending “historic economic collapse.” Schiff’s outlook for the US dollar is equally bleak, as he recently suggested that the world’s primary reserve currency may be headed toward a loss of its hegemony and could be replaced by gold. Schiff’s analysis for the US dollar isn’t…
Hong Kong dollar bond issuance is poised to expand, following a record run of offerings, as easing local interest rates attract more issuers while a global diversification trend persists, according to analysts. Total issuance in the city’s currency reached a record HK$331 billion (US$42.6 billion) so far this year, nearly 37 per cent higher than…
China is in talks with Japan and South Korea – both US allies – about a possible trilateral currency swap to bolster the region’s financial safety net and deepen economic cooperation amid US President Donald Trump’s trade war, according to a source familiar with the issue. Pan Gongsheng, governor of the People’s Bank of China…
Since the beginning of the year, Kelvin Siu and his fiancée had waited for gold prices to decline before buying jewellery for their wedding. Last week, they finally pulled the trigger to purchase, as gold prices continued to climb to fresh highs. “We had no choice but to buy the gold dragon and phoenix bracelets…