Richard Frost

2 days ago | financialpost.com | Richard Frost |Kiuyan Wong |Bei Hu

Skip to Content Advertisement 1 Members of Hong Kong’s financial community crowded into the Foreign Correspondents’ Club on Monday to hear the city’s most famous activist investor David Webb speak at what was labelled a “Farewell Fireside Chat.” Article content (Bloomberg) — Members of Hong Kong’s financial community crowded into the Foreign Correspondents’ Club on Monday to hear the city’s most famous activist investor David Webb speak at what was labelled a “Farewell Fireside Chat.” Sign In...

6 days ago | news.bloomberglaw.com | Richard Frost |Danny Lee |Rebecca Choong Wilkins

In this week’s Hong Kong Edition, we examine what tumbling borrowing costs mean for the city’s moribund property market, take a first look at Cathay Pacific’s revamped airport lounge, and review the latest venture by the team behind Yardbird. To subscribe to this weekly newsletter for free, click here. Silver LiningUS Federal Reserve Chair Jerome Powell may not have delivered an interest-rate cut overnight, but Hong Kong is still seeing a rapid drop in borrowing costs.

1 week ago | bloomberg.com | Richard Frost |Danny Lee |Rebecca Choong Wilkins

In this week’s Hong Kong Edition, we examine what tumbling borrowing costs mean for the city’s moribund property market, take a first look at Cathay Pacific’s revamped airport lounge, and review the latest venture by the team behind Yardbird. To subscribe to this weekly newsletter for free, click here.

1 week ago | bloomberg.com | Richard Frost

Demand for the Hong Kong dollar hasn’t been this strong since Ant Group planned the world’s biggest IPO in the city almost five years ago. (Beijing later pulled the deal.)The resulting surge is prompting intervention. The city’s de facto central bank has sold about HK$117 billion ($15 billion) worth of the local currency since Friday as the exchange rate tested the upper end of its trading band against the US dollar for the first time since 2020.

1 week ago | bloomberg.com | Richard Frost

China said it is “evaluating” repeated approaches by senior US officials to start trade talks, but insisted negotiations can only begin if Washington removed tariffs first. “If the United States does not correct its wrong unilateral tariff measures, it means that the United States has no sincerity at all and will further damage the mutual trust between the two sides,” China’s Commerce Ministry said in a statement.