Bank of Japan debated need for faster rate hikes, July minutes show
There was growing concern within the board of mounting inflation risks
International
Business and economy news from other publishers, in Malaysia, the region and the world.
New batch of ETFs make HK market debut
Three new exchange-traded funds that track cross-market indices debuted on the Hong Kong stock exchange on Monday, marking the first batch of such products being listed in the SAR. They are the HKEX Tech & US Tech 100 Index, the HKEX Bursa Malaysia Large Cap Index ETF, and the HKEX KRX Semiconductor Index. "This is a very important milestone in the development of our index business," the CEO of the Hong Kong Stock Exchanges and Clearing Bonnie Chan said during the listing ceremony. "These and all of today's ETF listings further drive vibrancy in our ever-growing equities, ETFs and derivatives ecosystem. They also broaden the products and tools available to investors to access opportunities across our ecosystem," Chan said. "Today's listing is a testament to the continued vitality and innovation of Hong Kong ETF's market," said Grace Chan, director of investment products at the Securities Futures Commission. "It reflects the industry's ongoing efforts to develop new investment solutions and provide investors with a broader range of investment choices to meet their diverse needs." She added that the growing breadth of ETF offerings in Hong Kong continues to reinforce the city's leading role in the ETF market. Edited by Tony Sabine
My hometown shows that high streets have to change or die
Aberdeen is launching an ambitious bid to revive its struggling centre. Could it offer lessons for other high streets?
Foreign banks have expressed UBS merger interest: Swiss newspaper
At least eight banks have signalled interest to UBS, the newspaper reports
TV Networks to Resume Trump Coverage, Even as White House Excludes CNN
The White House TV pool went dark this past week amid a standoff between CNN and the president. Network leaders, however, believe an indefinite suspension may be untenable.
International businesses watch for results from Xi-Trump summit
International businesses watch for results from Xi-Trump summit
Morris Ballen, Who Helped Spread Indie Artists’ Music, Dies at 88
Countless independent acts in every genre — punk, hip-hop, church choir — relied on him to create small runs of high-quality records and CDs.
A 7-Day Standoff That Said So Much About Trump and the Media
An abrupt decree, a network boycott, a legal intervention and an uneasy détente: This was no typical battle between a president and his press corps.
Debt-hungry AI companies face increased risk as bond yields spike
The AI infrastructure buildout shows no sign of slowing, but the surge in Treasury yields means it's at least going to cost more.
BizDataDive: China travel made easier
BizDataDive: China travel made easier
