BANGKOK (AP) — World shares were mixed on Monday as investors watched for further developments after a U.S. court ruled against President Donald Trump’s sweeping higher tariffs. U.S. markets were to remain closed on Monday for the Labor Day holiday. The futures for the S&P 500 and the Dow Jones Industrial Average edged 0.1% higher.
Hong Kong was responsible for nearly half of the green bonds issued in Asia in 2024 and saw a surge in sustainability-related funds, as strong demand from regional mainland governments and start-ups raised the city’s stature as a finance hub for climate-friendly projects, according to a minister. Green bond issuance in Hong Kong last year
By Summer Zhen and Jiaxing Li HONG KONG (Reuters) -Eric Trump, the second son of U.S. President Donald Trump, predicted on Friday at a conference in Hong Kong that bitcoin would reach $1 million within several years, and he called China “a hell of a power” in developing cryptocurrencies. Bitcoin has risen 18% this year
Eric Trump, one of the final acts in Hong Kong’s biggest gathering of cryptocurrency enthusiasts, praised the city and China during his fireside chat with the organiser of the Bitcoin Asia conference. “There is no question that you have made an unbelievable mark on cryptocurrencies,” said the second son of the US President Donald Trump
Bitcoin Asia kicked off in Hong Kong on Thursday, as Hong Kong strives to balance its goal of becoming a crypto hub while pushing forward a regulatory regime to mitigate financial risks. In its second edition, the conference featured experts who said that Hong Kong could become a hub for shaping the global digital asset
Investors should shift to a balanced view of Chinese shares traded on the mainland and in Hong Kong, as the price gap has narrowed to a five-year low and both markets have upside potential, according to HSBC. After rallies of 26 per cent in Hong Kong’s H shares and 13 per cent in mainland-listed A
Hong Kong stocks wavered on Thursday in the absence of catalysts ahead of the Federal Reserve’s annual Jackson Hole symposium. The Hang Seng Index was up marginally at 25,173.83 at 11.06am local time after falling as much as 0.2 per cent. The Hang Seng Tech Index declined 0.5 per cent. On the mainland, the CSI
Hong Kong’s stablecoins ordinance, which took effect on Friday, puts cryptocurrency’s most-traded cash substitute under the same regulatory framework as banks, triggering a rush for a limited number of licences from the Hong Kong Monetary Authority (HKMA). Some market observers were caught by surprise after learning that the first batch of stablecoin licences was only
At Singapore’s universities, undergraduates are fighting for the golden ticket they believe will get them a coveted banking job years later: membership in a campus finance club. Lengthy interview rounds and days of working on PowerPoint slides have become de rigueur as a gloomier job market in the banking and trading hub raises the stakes
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,