Hong Kong’s economy expanded by 3.5 per cent in 2025, marking the city’s third consecutive year of growth and surpassing an earlier forecast of 3.2 per cent. Advance estimates released by the Census and Statistics Department on Friday also showed gross domestic product (GDP) in the fourth quarter increased by 3.8 per cent compared with…
David Sacks has warned that the US risks losing the global AI competition to China due to excessive negativity and overregulation around the technology. During a conversation with Salesforce CEO Marc Benioff at the World Economic Forum in Davos, the technology investor, who US President Donald Trump appointed as his AI and crypto czar, cautioned…
When Hong Kong’s Financial Secretary Paul Chan addressed stablecoins at the 2026 World Economic Forum in Davos, the significance of his remarks lay not in grand ambition but in their restraint. There were no sweeping claims about reshaping global finance, nor statements framing stablecoins as a challenge to existing monetary systems. Instead, Chan outlined something…
Shifting policies under US President Donald Trump’s administration are expected to heighten market volatility in Hong Kong this year, the finance chief has said, but he also expressed “cautious optimism” about the capital market, noting that business and political leaders he met at the World Economic Forum viewed the city much more positively than in…
Hong Kong, SAR–(Newsfile Corp. – January 21, 2026) – Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), has joined about 3,000 world leaders attending the 56th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland (January 19-23). During the WEF Annual Meeting 2026, themed “A Spirit of Dialogue”, Mr…
DAVOS, Switzerland (AP) — The World Economic Forum think tank opened its four-day annual meeting in the Swiss town of Davos on Tuesday where political leaders and business leaders will discuss issues ranging from economic disparity to climate change to world conflicts. This year’s geopolitical context — with the recent U.S. military strike in Venezuela,protests…
Hong Kong’s finance chief has promoted the city’s regulatory regime for digital assets as “responsible and sustainable” at the annual World Economic Forum in Davos. Delivering opening remarks at a closed-door workshop on Tuesday, Financial Secretary Paul Chan Mo-po said finance and technology were “mutually reinforcing”, but a balanced approach was needed to support their…
Amid his pursuit for Greenland, US president Donald Trump has shared a photo, which shows the autonomous island as a “US territory established in 2026.” Trump’s push for the island comes ahead of the World Economic Forum 2026 in Davos, Switzerland. In his latest Truth Social post, Donald Trump shared an image marking Greenland as…
BEIJING (AP) — A leader of the Canadian government is visiting China this week for the first time in nearly a decade, a bid to rebuild his country’s fractured relations with the world’s second-largest economy — and reduce Canada’s dependence on the United States, its neighbor and until recently one of its most supportive and…
US President Donald Trump is expected to attend the World Economic Forum’s annual meeting in Davos next year, according to people familiar with his planning, signaling warming US-Swiss relations as the nations close in on a trade deal. President Donald Trump speaks during an event on foster care in the East Room of the at…