9 h. ago HSBC to grow investment bank to serve rising demand for IPOs

HSBC will expand its investment banking business to serve the rising demand of companies from Asia and the Middle East for initial public offerings (IPOs), said the co-CEOs of the bank’s biggest profit centre. The plan aligns with the bank’s restructuring to focus on high-return areas like Hong Kong and India, as well as exit low-profitability markets like Europe and the US. Hong Kong sits atop the world’s IPO league table, after 27 companies raised US$9.96 billion this year as of last week,...

Economics

47 h. ago Trump’s China Gambit Belies Rocky Road Ahead on Tariff Deals

Trump’s China Gambit Belies Rocky Road Ahead on Tariff Deals  Bloomberg.com

Politics

62 h. ago Trump sends Bessent and Lutnick to haggle with Chinese on tariff war after Xi chat

Trump sends Bessent and Lutnick to haggle with Chinese on tariff war after Xi chat  The Independent

Politics

3 d. ago ‘At least we’re not out of business’: small companies in the Trump tariff era

In 2017, tired of supporting other people’s entrepreneurial dreams and watching e-commerce take off, Matt Rollens started Dragon Glassware in his garage with US$10,000 from savings and a small inheritance. A tea drinker, his first idea was a glass vacuum flask. But the prototype fell short, so he settled on drinking glasses as the US microbrewery craze exploded. Over the next eight years, he built ties with skilled Chinese factories and expanded into licensed Barbie and Wicked drinkware as...

Politics

3 d. ago ‘From awful to bad’: how Trump’s tariff war with China crushes small US firms

In 2017, tired of supporting other people’s entrepreneurial dreams and watching e-commerce take off, Matt Rollens started Dragon Glassware in his garage with US$10,000 from savings and a small inheritance. A tea drinker, his first idea was a glass vacuum flask. But the prototype fell short, so he settled on drinking glasses as the US microbrewery craze exploded. Over the next eight years, he built ties with skilled Chinese factories and expanded into licensed Barbie and Wicked drinkware as...

Politics

4 d. ago Australia’s Albanese to meet China’s Xi in Beijing this summer: source

Australian Prime Minister Anthony Albanese is set to become the latest world leader to travel to Beijing for trade talks, as countries around the world scramble to navigate the turbulence unleashed by US President Donald Trump’s tariff policies. The Australian leader is expected to arrive in the Chinese capital in July or August, a source with knowledge of the situation told the Post on condition of anonymity, with the European Union also scheduled to hold a crunch summit with China during the...

Politics

4 d. ago China’s trade gambit: Beijing plays hardball in Trump tariff talks to try to save its economy

China’s trade gambit: Beijing plays hardball in Trump tariff talks to try to save its economy  Washington Times

Politics

6 d. ago Is Labubu the next Hello Kitty? Analysts debate the limits for China’s Pop Mart

Pop Mart, the company behind the hit collectible character Labubu, was virtually unknown outside mainland China before 2024, but now some analysts are comparing its success to that of Sanrio and its Hello Kitty property, suggesting that the Beijing toymaker could have created a new playbook for cultural exports. Labubu, a sharp-fanged but cute little monster that is often sold as a plush clip-on charm for handbags, has attracted high-profile fans including the family of football star David...

Politics

6 d. ago How Pop Mart turns Labubu into a cultural phenomenon ‘without mentioning China’

Pop Mart, the company behind the hit collectible character Labubu, was virtually unknown outside mainland China before 2024, but now some analysts are comparing its success to that of Sanrio and its Hello Kitty property, suggesting that the Beijing toymaker could have created a new playbook for cultural exports. Labubu, a sharp-fanged but cute little monster that is often sold as a plush clip-on charm for handbags, has attracted high-profile fans including the family of football star David...

Politics

6 d. ago Is Labubu the next Hello Kitty? Analysts debate Pop Mart’s limits

Pop Mart, the company behind the hit collectible character Labubu, was virtually unknown outside mainland China before 2024, but now some analysts are comparing its success to that of Sanrio and its Hello Kitty property, suggesting that the Beijing toymaker could have created a new playbook for cultural exports. Labubu, a sharp-fanged but cute little monster that is often sold as a plush clip-on charm for handbags, has attracted high-profile fans including the family of football star David...

Politics

6 d. ago The Trump administration is delaying a 25% tariff on Chinese

The Trump administration is delaying a 25% tariff on Chinese-made graphics cards  Quartz

Politics

7 d. ago Dow futures dip as Wall Street weighs likelihood of Trump's latest tariff threat, while U.S. eyes call to resolve China trade snag

Dow futures dip as Wall Street weighs likelihood of Trump's latest tariff threat, while U.S. eyes call to resolve China trade snag  Fortune

Politics

9 d. ago Hong Kong regains favour with investors, companies: Deutsche Bank

Hong Kong’s corporate activity and yuan-driven business have been revitalised as global market participants strengthen ties to China’s economy amid tariffs and geopolitical tensions, according to a senior executive at Deutsche Bank. Companies and investors have increased their exposure to China and hedged against the US dollar as they adjusted their supply chains and portfolios amid market volatility, said Ole Matthiessen, head of corporate banking for Asia-Pacific, Middle East and Africa,...

Economics

9 d. ago Trump to double steel tariffs to 50%, backs Nippon Steel investment in US Steel

US President Donald Trump on Friday pledged support for investments of more than US$20 billion by Japan’s Nippon Steel into US Steel, and said he would double tariffs on the industrial metal that they produce. He claimed that both moves would strengthen steelmaking in America. Without exception, Trump said, steel import tariffs would jump to 50 per cent, “which will even further secure the steel industry in the United States”. He later said on his Truth Social platform that the increase would be...

Politics

9 d. ago Trump gets tariff reprieve from court; says Beijing ‘violated’ trade talks pact

Trump gets tariff reprieve from court; says Beijing ‘violated’ trade talks pact  Tribune India

Politics

9 d. ago China hits back after Trump claims it is 'violating' tariff truce

China hits back after Trump claims it is 'violating' tariff truce  BBC

Politics

9 d. ago Trump Says China ‘Violated’ Trade Agreement. The Tariff Twists Keep Coming.

Trump Says China ‘Violated’ Trade Agreement. The Tariff Twists Keep Coming.  Barron's

Politics

9 d. ago Trump lashes out at China, says country 'totally violated' tariff deal

Trump lashes out at China, says country 'totally violated' tariff deal  USA Today

Politics

9 d. ago Wall St set for lower open as Trump says China violated tariff terms

Wall St set for lower open as Trump says China violated tariff terms  Reuters

Politics

9 d. ago 'So much for being nice guy': Donald Trump reignites trade tensions, warns China it has violated tariff d

'So much for being nice guy': Donald Trump reignites trade tensions, warns China it has violated tariff d  Times of India

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