6 d. ago Japan’s market boom to continue despite political uncertainty: Fidelity

Japan’s stock market is expected to extend its rally if the next government continues efforts to boost economic growth and prevent the country from returning to deflation, investment managers at Fidelity International said on Thursday. The benchmark Nikkei 225 index reached a record high of 48,580.44 on October 9, surpassing the 1989 Japanese economic bubble-era peak, as political parties vied for influence ahead of a parliamentary vote next week to elect the country’s next leader. Whether the...

Politics

6 d. ago Hong Kong rents flirt with record, will keep rising next year: agents

Hong Kong’s residential rental market has improved for eight consecutive months, with rents reaching a record high amid sustained local and overseas demand as analysts predict the gains will continue into 2026. Home rents in the city have increased 2.95 per cent this year, according to Benny Sham, an analyst at Midland Realty. “The rental index stands at a historical high since tracking began, and we expect the figure to increase further, as the drivers for leasing momentum will remain robust,”...

Politics

7 d. ago Hong Kong police arrest 2 men for alleged HK$440,000 fake gold swindle

Hong Kong police have arrested two men who allegedly used fake gold items to swindle pawn shops across the city out of HK$440,000 (US$56,587), as prices for the precious metal reached record-breaking highs amid wider global economic uncertainty. The force said on Wednesday that officers from its Wong Tai Sin branch had arrested a 27-year-old and a 54-year-old earlier this week on charges of “obtaining property by deception” and “attempting to obtain property by deception”. Investigations...

Events

7 d. ago Hong Kong police arrest 2 men for alleged HK$140,000 fake gold swindle

Hong Kong police have arrested two men who allegedly used fake gold items to swindle pawn shops across the city out of HK$140,000 (US$56,587), as prices for the precious metal reached record-breaking highs amid wider global economic uncertainty. The force said on Wednesday that officers from its Wong Tai Sin branch had arrested a 27-year-old and a 54-year-old earlier this week on charges of “obtaining property by deception” and “attempting to obtain property by deception”. Investigations...

Events

8 d. ago Wall Street stocks bounce as Trump softens posture on China after tariff threats

Wall Street stocks rebounded on Monday from steep pre-weekend falls as US President Donald Trump softened his posture on China following earlier threats of large tariffs. European stock markets made modest gains while Asia’s leading stock markets began the week in the red as they caught up with Wall Street’s sharp losses on Friday. Gold reached a fresh record high thanks to its status as a safe-haven investment. “Things have calmed down almost as dramatically as the flare up on Friday when...

Politics

8 d. ago Wall Street rebounds as Trump softens posture on China tariffs

Wall Street stocks rebounded on Monday from steep pre-weekend falls as US President Donald Trump softened his posture on China following earlier threats of large tariffs. European stock markets made modest gains while Asia’s leading stock markets began the week in the red as they caught up with Wall Street’s sharp losses on Friday. Gold reached a fresh record high thanks to its status as a safe-haven investment. “Things have calmed down almost as dramatically as the flare up on Friday when...

Politics

1 week ago VeriSilicon’s quarterly revenue jumps 120% as AI computing demand fuels growth

Chinese chip designer VeriSilicon reported that its quarterly revenue more than doubled to reach a record high, as strong demand for artificial intelligence computing and Beijing’s semiconductor self-sufficiency drive boosted prospects for domestic firms. Third-quarter revenue reached 1.28 billion yuan (US$179.7 million), up nearly 120 per cent from the previous quarter and 78.77 per cent higher than the same period last year, the Shanghai-based company said in preliminary results published on...

Politics

2 w. ago ‘Safe haven’ gold reaches record US$4,000 amid US shutdown anxiety

Gold futures have soared above US$4,000 per troy ounce for the first time, as many investors seek a “safe haven” to park their money as the US government shutdown continues. Gold futures in New York jumped above the US$4,000 mark on Tuesday morning, marking a record high. The going price for New York spot gold had previously closed at US$3,960.60 per troy ounce – the standard for measuring precious metals – on Monday. Gold sales can rise sharply when anxious investors seek secure investments for...

Events

2 w. ago Bitcoin, BNB hit new highs as global turmoil spurs flight to alternative assets

Major cryptocurrency tokens, including bitcoin and BNB, reached record highs this week amid government turmoil around the world that drove up alternative asset prices, which elated China’s crypto community as the country reconsiders digital assets such as stablecoins. Bitcoin passed the US$126,000 level on Monday, a new all-time high for the world’s largest cryptocurrency token, before falling more than 1 per cent to below US$124,000 on Tuesday. BNB, the native token of the world’s largest...

Events

2 w. ago House in Hong Kong’s Clear Water Bay targeted in HK$5 million burglary

A house in Hong Kong’s Clear Water Bay was burgled on Friday morning while its owner was travelling, with an estimated HK$5 million (US$642,530) in cash, handbags, watches and gold bars stolen, the Post has learned. A source said a safe inside the house had been broken into, resulting in the theft of HK$100,000 in cash, an additional HK$500,000 in foreign currency, five designer handbags, five watches and bullion worth HK$1 million. A construction company staff member reported the case to police...

Economics

3 w. ago Jannik Sinner Maintains Perfect Record Over Alex De Minaur To Reach Beijing Final

Jannik Sinner Maintains Perfect Record Over Alex De Minaur To Reach Beijing Final  ubitennis.net

Politics

3 w. ago China Open: Jannik Sinner extends perfect record against Alex de Minaur to reach Beijing final

China Open: Jannik Sinner extends perfect record against Alex de Minaur to reach Beijing final  Olympics.com

Politics

3 w. ago China's Zijin Gold shines in Hong Kong debut as gold prices reach record high

China's Zijin Gold shines in Hong Kong debut as gold prices reach record high  Reuters

Politics

3 w. ago China's Zijin Gold shines on debut as gold prices reach record high

China's Zijin Gold shines on debut as gold prices reach record high  Reuters

Politics

3 w. ago Singapore population hits record 6.11 million as foreign worker numbers rise

Singapore’s population has reached a record 6.11 million, driven by a rise in foreign workers and new arrivals, even as data points to deeper demographic pressures, including a rapidly ageing society and persistently low birth rates. The 1.2 per cent year-on-year rise in total population was mainly driven by the non-resident segment, which grew 2.7 per cent to 1.91 million, up from 1.86 million in June 2024. The increase was due largely to more work permit holders and foreign domestic workers,...

Economics