ASIA NEWS 5/10

Oct 16, 20232 min read

China's Central Bank Vows to Boost Economy Through Balanced Growth and Monetary Policies

China's central bank says it will seize on recent momentum in the economy and better leverage monetary policies to boost demand and...

281 views0 comments

Chinese Local Governments Issue Refinancing Bonds to Tackle 'Hidden' Debt Concerns

Flexi Group

Oct 13, 20232 min read

Chinese Local Governments Issue Refinancing Bonds to Tackle 'Hidden' Debt Concerns

Chinese local governments are taking steps to address concerns about their substantial "hidden" debt, amounting to approximately $9...

840 views0 comments

Chinese University Graduates in AI Sector Earn Highest Salaries

Flexi Group

Oct 12, 20232 min read

Chinese University Graduates in AI Sector Earn Highest Salaries

Chinese university graduates entering the job market in 2023 are finding the highest average salaries in the artificial intelligence (AI)...

384 views0 comments

Deadly Shooting at Thai Cockfighting Ring Sparks Concerns Over Safety and Regulation

Flexi Group

Oct 11, 20232 min read

Deadly Shooting at Thai Cockfighting Ring Sparks Concerns Over Safety and Regulation

In an unexpected and tragic incident, a dispute over a wager at a licensed cockfighting ring in Thailand took a deadly turn, resulting in...

272 views0 comments

Hong Kong's Ecoinno Seeks $48 Million Funding to Expand Sustainable Plant-Based Tableware Production

Flexi Group

Oct 10, 20233 min read

Hong Kong's Ecoinno Seeks $48 Million Funding to Expand Sustainable Plant-Based Tableware Production

Hong Kong-based green-technology start-up, Ecoinno, is actively seeking to raise $48 million in funding by the end of this year. The...

296 views0 comments

China Stocks Decline as Concerns Over Israel-Hamas Conflict Weigh on Global Growth Outlook

Flexi Group

Oct 9, 20232 min read

China Stocks Decline as Concerns Over Israel-Hamas Conflict Weigh on Global Growth Outlook

Stocks in mainland China experienced their most significant decline in two weeks as trading resumed following a week-long holiday, with...

561 views0 comments

Rising property prices in Tokyo are creating a housing affordability crisis for young professionals.

Flexi Group

Oct 5, 20233 min read

Rising property prices in Tokyo are creating a housing affordability crisis for young professionals.

Rising property prices in Tokyo are creating a housing affordability crisis for young professionals, making the dream of home ownership...

251 views0 comments

Hydrogen's Role in Hong Kong's Green Transport Plans Remains Uncertain, Says Expert

Flexi Group

Oct 4, 20232 min read

Hydrogen's Role in Hong Kong's Green Transport Plans Remains Uncertain, Says Expert

The role of hydrogen in Hong Kong's efforts to green its public road transport is poised for growth, but its competitiveness within the...

349 views0 comments

China and ASEAN Sign Agreement to Combat Transnational Organized Crime in Gambling Sector

Flexi Group

Oct 3, 20232 min read

China and ASEAN Sign Agreement to Combat Transnational Organized Crime in Gambling Sector

China has entered into a new agreement with the Association of Southeast Asian Nations (ASEAN) to jointly address transnational organized...

304 views0 comments

Chinese Businessman Accused of Money Laundering and Tax Fraud Over €60M Bordeaux Vineyard Purchases

Flexi Group

Oct 2, 20232 min read

Chinese Businessman Accused of Money Laundering and Tax Fraud Over €60M Bordeaux Vineyard Purchases

Chinese businessman Qu Naijie is facing trial on charges of money laundering and tax fraud related to his acquisition of 25 châteaux in...

583 views0 comments

Seized Hong Kong Flat Sold at 39% Discount Following Loan Default

Flexi Group

Sep 29, 20232 min read

Seized Hong Kong Flat Sold at 39% Discount Following Loan Default

A Hong Kong flat in the Mid-Levels district, originally valued at HK$680 million (US$86.7 million), has been sold at a 39% discount after...

482 views0 comments

Hong Kong Regulator Identifies Lesser-Known Crypto Exchanges Seeking Licenses Amid Rising Concerns

Flexi Group

Sep 27, 20232 min read

Hong Kong Regulator Identifies Lesser-Known Crypto Exchanges Seeking Licenses Amid Rising Concerns

In response to mounting concerns regarding the integrity of cryptocurrency exchanges, Hong Kong's Securities and Futures Commission (SFC)...

299 views0 comments

Exploring Methods of Transferring Money Out of China

Flexi Group

Sep 27, 20233 min read

Exploring Methods of Transferring Money Out of China

China's stringent capital outflow measures have prompted punters seeking to move significant sums of money abroad to explore various...

325 views0 comments

China Evergrande's Debt Crisis Deepens as Regulators Block New Debt Issuance

Flexi Group

Sep 25, 20232 min read

China Evergrande's Debt Crisis Deepens as Regulators Block New Debt Issuance

The debt crisis surrounding China Evergrande Group has taken a more severe turn as the nation's capital-market regulators have halted the...

289 views0 comments

Intel Experiences Surging Demand for AI Chips in China as Companies Seek ChatGPT-Like Technology

Flexi Group

Sep 22, 20232 min read

Intel Experiences Surging Demand for AI Chips in China as Companies Seek ChatGPT-Like Technology

Intel, the US tech giant, has experienced a surge in demand for its artificial intelligence (AI) chips designed for Chinese clients as...

609 views0 comments

Hong Kong Holds Steady as the US Federal Reserve Pauses on Rate Hikes

Flexi Group

Sep 21, 20233 min read

Hong Kong Holds Steady as the US Federal Reserve Pauses on Rate Hikes

Hong Kong has opted to keep its base interest rate at 5.75 percent, following the decision by the US Federal Reserve to maintain its...

287 views0 comments

China's Continued Reliance on Coal Poses Climate Challenge

Flexi Group

Sep 20, 20233 min read

China's Continued Reliance on Coal Poses Climate Challenge

China, the world's largest energy consumer, is at risk of falling short of the Paris Agreement's global warming goals due to its...

299 views0 comments

Hong Kong Stocks Decline Amid Concerns Over Weakening Yuan and Property Market

Flexi Group

Sep 19, 20232 min read

Hong Kong Stocks Decline Amid Concerns Over Weakening Yuan and Property Market

Hong Kong stocks have experienced a significant drop as foreign investors remain cautious due to concerns over the yuan's potential...

282 views0 comments

Hong Kong Home Prices Expected to Drop as Major Lenders Raise Mortgage Rates

Flexi Group

Sep 18, 20233 min read

Hong Kong Home Prices Expected to Drop as Major Lenders Raise Mortgage Rates

In a significant development for Hong Kong's property market, analysts are predicting a potential 5 percent decline in home prices by the...

307 views0 comments

Beijing Municipal Government Proposes Measures to Support Tech Unicorns

Flexi Group

Sep 15, 20232 min read

Beijing Municipal Government Proposes Measures to Support Tech Unicorns

In a bid to bolster the growth of technology unicorns and prepare them for both domestic and overseas public listings, the municipal...

1,221 views0 comments