Saudi Arabia wants to boost economic ties with Hong Kong and mainland China
Hong Kong has been exploring new investment opportunities and looking to strengthen ties with different regions, including the Middle East.
Banking
A look at banks and debt-for-nature swaps
The Great Blue Wall project is a mission to protect the fragile ecosystems of the Indian Ocean.
Green bonds in Hong Kong – a deep dive
Hong Kong just launched a fresh batch of green bonds worth around HK$15 billion (roughly US$1.9 billion).
Chinese shadow bank Zhongzhi plans debt restructuring
Zhongzhi is a big player in China’s US$2.9 trillion trust industry, which involves different forms of commercial and investment banking, private equity and wealth management.
China’s central bank makes the largest interest rate cut since 2020
The world's eyes are on China's economic situation, which is working on recovering since pivoting away from the zero-COVID policy stance.
Global wealth worldwide falls for the first time since The Great Recession in 2008
According to a recent report from Credit Suisse, the total money owned by households around the world went down last year for the first time since the crisis in 2008.
World Bank will stop loaning to Uganda because of its new anti-LGBTQ laws
The World Bank has been a major financial supporter of the East African country of Uganda.