The Exchange Fund, the war chest used to defend the local currency, reported a 37 per cent decline in first-half earnings as losses in Hong Kong equities and weaker bond returns weighed on performance, the Hong Kong Monetary Authority (HKMA) said on Tuesday. Earnings stood at HK$134.7 billion (US$17.17 billion), down from the record half-year return of HK$214 billion in 2025. The Hong Kong stock portfolio swung to a HK$11.8 billion loss from a HK$22.9 billion gain a year earlier. The Hang Seng...
Singapore-based investors have become the largest group of non-local buyers of commercial properties in Hong Kong, drawn by the sizeable correction in the prices of distressed assets amid a slump in the city’s office segment, according to Colliers. The demand from Singapore was likely to remain steady in the coming months, given that the prices of office assets have declined by as much as 50 per cent, according to Thomas Chak, head of capital markets and investment services at the property...
Challenging the government to an open debate on the issue, party State general secretary Srikanth Reddy says YSRCP is ready to defend its claims based on official reports from the Centre, RBI and NITI Aayog
The Centre has said that only 10 investment projects monitored by DPIIT and Invest India have been grounded in Andhra Pradesh, and only two of them have completed construction, while the remaining are under various stages of implementation
New findings on Chinese financing in the Philippines are challenging the assumption that Beijing reduced its funding under President Ferdinand Marcos Jnr because of worsening tensions in the South China Sea. Instead, Chinese capital had continued to support Filipino businesses in recent years, including a US$3.9 billion syndicated loan to telecommunications company Dito Telecommunity in 2023, the largest ever China-backed private-sector loan to the Philippines, AidData, a US-based research...
Agreements signed under the leadership of Commissioner of Andhra Pradesh Handlooms and Textiles, K. Rekha Rani, as part of the State’s efforts to attract investments into the textile sector
We are offering tax concessions, providing land, water and power supply to those willing to invest outside Bengaluru, according to Parameshwara
T. G. Bharat says ₹7.66 lakh crore worth of proposals have been cleared by SIPB, with more than 40% already under implementation