Mainland Chinese investors bought more Hong Kong stocks than they sold for a fourth consecutive month in September, with purchases accelerating despite persistent headwinds from elevated US Treasury yields and oil prices. Onshore traders poured a net HK$60.8 billion (US$7.7 billion) into Hong Kong’s stocks via the Stock Connect programme last month, up from HK$10.4 billion in August, according to financial data provider Wind. Net buying reached HK$134.1 billion in the third quarter. Mainland...
Read full articleLast month, Japan’s internal affairs ministry released its yearly data ahead of Respect for the Aged Day. People aged 65 and over now make up a record 29.6 per cent of the population. But the figure I keep coming back to was this: 9.43 million Japanese workers were 65 or older last year, about 13.8 per cent of everyone with a job. Members of Japan’s older population are not simply retired. A large part are still at work and some of those people are the ones businesses depend on. The Asia-Pacific...
The raucous demonstrations by opposition groups on Monday followed days of an effective lockdown and mass detentions of young protesters by security forces.
Consumers across the continent increasingly want to buy low-cost Chinese vehicles. Policymakers are seeking to slow them down.
European nations that condemn the Taliban government for its human rights record are seeking its help to deport refugees back to Afghanistan.
Both sides are feeding an AI investment bubble – and Shenzhen is the place to talk about it.
US start-up OpenAI’s latest advances in artificial intelligence may be a tipping point that leads to a breakthrough for the robotics industry as soon as next year, according to the founder of Chinese giant Unitree Robotics. Wang Xingxing, also the CEO of the Hangzhou-based company, said on Monday that OpenAI’s recently released GPT-6 model prompted expectations that a breakthrough could happen “within one or two years”. “It’s possible that, say, a GPT-7 model released next year could directly...
At first glance, the story of Kyrgyzstan’s satellite launch seemed like a genuine achievement. Then the story changed.
Australia’s incoming political finance laws will cap donations and electioneering spending for the first time, but the limits are generous, the rules complex, and the two-year delay suspiciously convenient for the major parties.
A diplomatic rift is growing after a North Korean prisoner transfer that Kyiv revealed against Seoul’s wishes.
Indian opposition leaders and student activists marched on the Supreme Court on Monday to demand the resignation of the country’s election chief over alleged voter roll manipulation, as authorities erected heavy barricades and shut six metro stations across New Delhi. The rally went ahead after the Chief Justice of India turned down a meeting request from an opposition delegation, urging them instead to file a formal petition. Mainstream opposition parties have sought to harness a groundswell of...
For the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.
Southeast Asia’s drug labs are pumping out unprecedented amounts of meth and other synthetic drugs.