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Economy
Wholesale prices rose 0.4% in November, more than expected
A measure of wholesale prices rose more than expected in November, adding fuel to the belief that progress in bringing down inflation has…
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Hong Kong cinema chain MCL’s Diamond Hill branch likely to close on Friday
Hong Kong cinema chain MCL’s branch in Diamond Hill is likely to cease operations from Friday, becoming the seventh movie theatre in the…
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Macroscope | Could Trump be a catalyst for the reforms China and Germany need?
There is still over a month before US president-elect Donald Trump moves back into the White House and supposedly makes good on his campaign…
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China loosens purse strings to boost demand as economic conference ends
China’s leaders pledged on Thursday to open the country’s coffers wider and provide a much-needed jolt to domestic demand in a statement…
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44% of businesses have negative economic outlook for Hong Kong, poll finds
About 44 per cent of businesses have a negative economic outlook for Hong Kong for the next 12 months, the highest level in five years,…
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Hong Kong home prices: up or down? Experts weigh in with forecasts for 2025
The outlook for Hong Kong’s residential market is divided among analysts, with one consultancy forecasting prices to fall amid oversupply…
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China urged to anchor yuan to non-US dollar currencies to empower domestic tools
China’s policymakers should consider anchoring the yuan exchange rate to a basket of non-US dollar currencies to create more flexibility for…
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If Trump wants to kill inflation, the first thing he needs to do is get more homes built
Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024.Adam Jeffery | CNBCIf President-elect Donald Trump is going to…
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Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
The US Treasury building in Washington, DC, US, on Tuesday, Aug. 15, 2023.Nathan Howard | Bloomberg | Getty ImagesThe U.S. budget deficit…
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China’s semiconductor firms cash in chips as export boom bucks overall trend
Despite intensifying restrictions from the US intended to stifle China’s semiconductor trade, Beijing’s shipments of the bedrock technology…
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