Hong Kong is to fire its first salvo in the battle to put the pizzazz back into the nighttime economy with the debut of a film-themed bazaar offering street food at a scenic waterfront boulevard.The Friday night market at the...
As the de-dollarisation movement grows, Brics-plus countries can help it along by working to integrate their currency and fixed-income markets. Such integration would lead to better liquidity and a more efficient price discovery process. Easier access to local bond markets...
A US bankruptcy court approved a $1.525 billion bid by Estes Express Lines to be the “stalking horse” that sets the floor price for Yellow’s terminals at auction, controlling their sale in November. READ SOURCE...
Of all Mexico’s trading partners, mainland China, which accounts for 17.9 per cent of Mexico’s total imports, would be affected most, although Mexico’s other importers, Brazil, Taiwan, South Korea and India are also expected to suffer because they do not...
Signaling some growth expectations, Indian container volumes saw gains in August, hitting 1.9 million TEUs, up 14% from 1.7 million TEUs a year earlier. READ SOURCE...
The United Arab Emirates’ (UAE) largest free-trade zone has signed a Memorandum of Understanding with a Hong Kong business chamber to foster greater commercial ties between the city and the Middle East.The agreement between Dubai Multi Commodities Centre (DMCC) and...
Ocean carriers on the busy trade lane plan to slash deployed capacity to match falling demand levels that typically follow China’s Golden Week holiday at the start of October. READ SOURCE...
At a conference bringing together some of its top players in economic policymaking, China issued a stern rebuke against what it deemed a “malicious” effort to defame its economic prospects.Officials briefed reporters on China’s economic performance and planned stimulus policies...
The mystery surrounding JPEX’s office space adds to questions about the firm’s management, structure and ability to conduct its suspicious activities in Hong Kong for so long.While eight individuals connected to JPEX have already been arrested in the case, which...
Taiwan’s exports and foreign investment cannot catch a break, as weakened global demand for consumer electronics continues to suppress demand for hi-tech hardware such as semiconductors.Orders for Taiwanese goods, including those critically important computer chips, fell in August for a...
