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BUSINESS

Gold, oil jolted by US assault on Venezuela as investors recalibrate amid commodity boom

South China Morning Post, Published on 05/01/2026

» SHANGHAI — The US assault on Venezuela jolted the global commodity markets, sending gold higher and reinforcing the long-term bearish view on crude oil as investors navigate rising geopolitical tensions to start 2026.

BUSINESS

China's investment bank CICC targets Southeast Asia

South China Morning Post, Published on 05/11/2025

» HONG KONG — Significant shifts in the global political and economic landscape are driving China International Capital Corp (CICC) to focus strategically on international growth, targeting the burgeoning markets of Southeast Asia and the Middle East.

BUSINESS

Carmakers GM, Tesla and Ford lead list of US companies in China exposure

South China Morning Post, Published on 27/06/2025

» General Motors (GM), one of America's top carmakers, leads US companies in its exposure to China, perched in a delicate position as bilateral trade tensions persist amid US President Donald Trump's steep 55% tariffs on Chinese imports, according to a research report published this week.

BUSINESS

BYD to overtake Volkswagen ventures as China's top producer

South China Morning Post, Published on 19/11/2024

» HONG KONG — BYD (Build Your Dreams) is set to overtake perennial market leader Volkswagen as China's biggest carmaker in 2024 after outselling the German company's joint venture units in the first 10 months, as the growing popularity of battery-powered cars strengthens its market dominance.

BUSINESS

Hong Kong wealth gap narrows, but rival Singapore sees 23% increase

South China Morning Post, Published on 12/07/2024

» HONG KONG: Wealth inequality in Hong Kong dropped by 6% over the past 15 years but rival Singapore recorded an almost 23% increase over the same period, a report by a multinational bank has found.

WORLD

Going nuclear: How Asia is leading the zero-emission power push

South China Morning Post, Published on 23/11/2023

» BEIJING - Nuclear power is making a global comeback as governments plan for long-term energy security amid inflated fossil fuel prices and growing power consumption demand pressures against a backdrop of net-zero transition targets. Since early 2022, at least 14 countries have approved nuclear units or announced supportive policies, and Asia is leading the charge.

LIFE

Billionaire co-founder of BYD uncertain about China's ability to create breakthrough tech on par with ChatGPT

South China Morning Post, Published on 18/07/2023

» Xia Zuoquan, a Chinese billionaire investor who made his fortune betting on the once tiny battery maker BYD, is less certain about China's ability to make big technological breakthroughs such as OpenAI's ChatGPT in the near future.

BUSINESS

Spending patterns of super-rich show Asia is most expensive region

South China Morning Post, Published on 20/06/2023

» HONG KONG: Asia remains the costliest region in the world to live in, with Singapore taking the number one spot, followed by Shanghai and Hong Kong, according to Julius Baer's latest Global Wealth and Lifestyle report.

WORLD

Most mainland Chinese flying overseas via Hong Kong

South China Morning Post, Published on 05/06/2023

» Most mainland Chinese travellers are heading overseas by transiting through Hong Kong as only a tiny fraction of the routes connecting the country with the US have been restored following the end of the pandemic, according to a global airline body.

BUSINESS

China's EV price war expected to continue after discounts fail to ignite car sales

South China Morning Post, Published on 11/05/2023

» The ongoing price war in China's automobiles market is likely to continue as previous rounds of heavy discounts have failed to spur sales, dimming the earnings outlook for most of mainland China's carmakers.