HONG KONG: Mainland Chinese investors are scouring Hong Kong's commercial property market for bargains after prices plunged 30 per cent, signalling a new wave of demand following anti-government protests last year that kept a lid on investment activity. Property agents expect the influx of Chinese ...
WELLINGTON: The New Zealand stock market's website crashed again on Monday (Aug 31), the fifth day in row after a series of cyber attacks last week hit the bourse's ability to operate normally, but trading was unaffected. The disruption came about an hour after NZX said it had agreed with...
TOKYO: Japan will likely see more financial tie-ups that extend beyond traditional boundaries similar to those signed between internet banking giant SBI Holdings Inc and regional banks, the country's senior financial regulator said. Advances in financial technology could trigger structural changes ...
BEIJING: China's factory activity grew at a slower pace in August as floods across southwestern China disrupts production while smaller firms continued to struggle, potentially tempering a robust recovery for the economy from the coronavirus shock. The official manufacturing Purchasing Manager's ...
TOKYO: Fumio Kishida, a senior Japanese ruling party official seen as among candidates to become next prime minister, on Monday (Aug 31) voiced caution over the idea of cutting the sales tax rate to help the economy weather the hit from the coronavirus pandemic. "The sales tax is a...
SHANGHAI: China's central bank lifted its official yuan midpoint to the highest in 13 months on Monday (Aug 31) to reflect persistent weakness in the US dollar in global markets. The People's Bank of China (PBOC) set the midpoint rate at 6.8605 per dollar prior to the market open, 286...
Shares in wireless carrier SoftBank Corp fell 3per cent in early trading on Monday after parent SoftBank Group Corp said it would sell up to 22per cent of the telco's shares, slashing its exposure to the carrier to 40per cent.
Warren Buffett's Berkshire Hathaway said on Sunday it has acquired more than 5per cent stakes in each of the five leading Japanese trading companies.
Warren Buffett's Berkshire Hathaway said on Sunday it has acquired more than 5per cent stakes in each of the five leading Japanese trading companies.
The retail sector has been one of the worst affected by COVID-19 restrictions. But as the pandemic progressed, buyers flocked online to buy everything from food to fitness equipment, leading to a surge in e-commerce. Money Mind takes a look at what the future of retail could look like....
