Hong Kong Holds 4th Spot in Global Forex Rankings, Leads Offshore RMB Trade
Hong Kong SAR maintains position as 4th largest global forex hub and top offshore RMB center, with daily turnover surging 27.2% to $883.1 billion in 2025.
News & Insights Across Asia
Hong Kong SAR maintains position as 4th largest global forex hub and top offshore RMB center, with daily turnover surging 27.2% to $883.1 billion in 2025.
The third US government shutdown under Trump’s term raises concerns for Asian markets, investors, and diaspora communities amid global economic uncertainties.
The U.S. government shutdown begins amid partisan gridlock, threatening federal jobs and raising concerns over global economic stability, including Asian markets.
The U.S. faces a potential government shutdown as Republicans and Democrats remain deadlocked over budget negotiations, with global economic implications.
China’s property market transitions to sustainable development models, balancing economic stability with environmental priorities in urban planning reforms.
China and Hong Kong officials reject US claims about business climate, defend national security laws and highlight continued international investor confidence.
72% of economists predict weak global growth through 2026 due to trade shifts, policy uncertainty, and tech disruptions, per WEF’s latest survey.
China highlights financial sector achievements during 14th Five-Year Plan, emphasizing fintech innovation, green finance, and market stability.
The EU proposes its 19th sanctions package targeting Russia’s military and tech sectors, signaling continued pressure amid the Ukraine conflict. Implications for global markets analyzed.
The U.S. Federal Reserve cuts interest rates for the first time since 2024, sparking analysis on Asia’s economic outlook and market responses.
Chinese Vice Premier Ding Xuexiang met with GIC CEO Lim Chow Kiat to discuss deepening economic cooperation and investment opportunities between China and Singapore.
South Korea’s presidential office reports stalled U.S. tariff talks, with a $350B investment fund remaining a key hurdle. President Lee emphasizes protecting national interests.
The UN supports ongoing high-level trade talks between China and the U.S., emphasizing their critical role in stabilizing the global economy amid complex negotiations.
U.S. and Chinese officials announce progress in trade talks and TikTok agreement framework following Madrid meetings, signaling improved economic cooperation.
Chinese and US officials hold latest round of trade talks in Madrid, building on recent progress to ease tariffs and stabilize economic relations.
High-level U.S.-China economic talks enter second day in Madrid, focusing on trade relations and global market stability. Key developments analyzed.
U.S. and Chinese delegations continue high-stakes economic talks in Madrid, addressing trade tensions and global market stability.
High-level China-US economic talks resume in Madrid, signaling potential shifts in global trade dynamics and Asia’s economic influence.
China’s economy maintained steady growth in August with retail sales up 3.4% and industrial output rising 5.2%, signaling resilience amid global challenges.
High-stakes trade negotiations between China and the U.S. commence in Madrid, signaling potential shifts in global economic dynamics and bilateral relations.