Eric Trump, the second-born son of US President Donald Trump, will attend next month’s Bitcoin Asia 2025 conference in Hong Kong as a headline speaker, as the city strives to position itself as a leading hub for digital assets, competing with the US. Trump would discuss bitcoin’s “long-term potential” and its impact on global finance,
Hong Kong’s Mandatory Provident Fund (MPF) achieved its third-best interim performance as a rally in Chinese stocks this year improved returns and helped lift total assets to the highest level since its inception in 2000. Managers overseeing 379 investment funds under the compulsory retirement scheme generated a combined HK$115 billion (US$14.6 billion) of income from
Most local government officials in the US still welcome Chinese-invested projects despite a rise in trade tensions this year, a Chinese chamber of commerce leader said this week as potential investors weigh up economic benefits and geopolitical risks. City leaders want Chinese investment to help stimulate their local economies, especially in manufacturing projects that are
Several weeks ago, Venezuelan President Nicolás Maduro received five delegates from the Communist Party of China (CPC) at the Miraflores Palace to continue advancing one of the many areas of mutual interest shared by the two countries. On this occasion, the focus was on “an inter-party work agenda” between the visiting delegation and leaders of
In the global conversation about artificial intelligence, Silicon Valley often takes centre stage. However, a quiet but powerful revolution is unfolding in Asia’s financial sector, where regional banks are leading the charge by tailoring AI to the unique needs of their communities. This hyper-local approach is not only enhancing customer engagement and satisfaction, but also
On Friday afternoon, President Trump touted tariff revenue and an influx of domestic manufacturing but offered few details on the state of tariff negotiations ahead of the July 9 deadline, when the tariff pause expires. The president acknowledged that the administration won’t be able to reach deals with 200-plus countries over the next week and
WASHINGTON (TNND) — An asset management firm’s chief economist suggested the possibility this past weekend the Trump administration outsmarted the public with its tariffs. Torsten Slok, chief economist and partner at Apollo Global Management, wrote in a blog post that one of the administration’s possible trade strategies could increase U.S. tax revenue while pleasing the
Hong Kong’s fund industry will continue to attract strong inflows as international investors use the city as a “safe harbour” amid rising geopolitical tensions, according to officials and fund managers. Financial Secretary Paul Chan Mo-po said the Middle East offered huge opportunities for Hong Kong despite the recent flare-up in the region. On Saturday, the
Sen. Katie Britt, R-Alabama, recently joined Senate Banking Committee Chairman Tim Scott, R-South Carolina, and several other Senate Republicans in introducing the “Protect Our Bases Act.” The legislation would “require the Committee on Foreign Investment in the United States [CFIUS] to annually review, update, and report on the facilities and property of the United States
Join Our Telegram channel to stay up to date on breaking news coverage Making the most profit from a bull market requires attention to promising altcoins and meme coins with explosive potential. However, identifying these tokens may require effort, as most funds are drawn to pumping assets. Today’s article examines the performance of cryptocurrencies that