November 2024
- Opinion
- Highflyer
This business-class flight was so good I almost slept through landing
Cathay Pacific’s new Aria offering is now in the skies, but the traditional pointy-end cabin on the Hong Kong-based carrier still does the job.
- Zoe Samios
November 2024
How Hong Kong’s media baron took on Beijing’s might
From refugee to media mogul to prisoner – Jimmy Lai built a $US600 million empire before losing it in the fight for democracy.
- Jessica Sier
WA black truffles go global as cargo flights become Michelin missions
The delicacies lose 2 per cent to 3 per cent of their weight every day they sit in storage, meaning exporters are beholden to securing reliable deliveries.
- Ayesha de Kretser
Why late March is the best time of year to visit Hong Kong
The Hong Kong Sevens rugby tournament is a bucket-list event for sport enthusiasts. But there’s plenty of sightseeing to be had too.
- Zoe Samios
October 2024
KWM sues former global chief operating officer
King & Wood Mallesons is suing a former member of its international management committee for debt relating to loans worth more than $1 million.
- Maxim Shanahan
Art gallery, luxury loos: Cathay’s business class goes next level
Hong Kong’s flagship carrier has unveiled its new business-class offering with an on-board art gallery, sliding privacy doors and touchless flush loos.
- Fiona Carruthers
China disappoints with latest stimulus plan
The government had raised hopes of more fiscal pump-priming of the economy after the central bank’s earlier interest-rate relief and liquidity measures.
- Updated
- Jessica Sier
Chungking Mansions, the chaos and glory at the heart of Hong Kong
How a 1960s block of towers filled with deal makers and refugees came to define the changing city.
- Orla Ryan
Hong Kong arts hub selling land to stay afloat
The redevelopment of a reclaimed area on Victoria Harbour is important as Hong Kong struggles to restore its reputation.
- Shawna Kwan
September 2024
PwC China stops work on $210m campus as Evergrande crisis mounts
A lavish training institute on the tropical island of Hainan is under review as the firm reels from fallout from its audits of the failed property developer.
- Eleanor Olcott, Stephen Foley and Chan Ho-him
US crackdown on cheap Chinese goods adds to Temu, Shein woes
The move threatens to reshape parts of the US retail arena and deflate the excitement that’s accompanied the meteoric ascent of bargain bazaars.
- Jeanny Yu and Olivia Poh
PwC to parachute in UK partner to run scandal-hit China business
The accounting firm’s global leaders have tapped Hemione Hudson, a runner-up in the race to lead PwC UK earlier this year, to lead the China operation.
- Stephen Foley, Michael O’Dwyer and Simon Foy
China deflation risk grows as signs of economic weakness mount
The latest CPI figures provide further evidence of weak consumer demand in the world’s second-largest economy, prompting calls for more government stimulus.
- Josh Xiao
Vow to release secret Queensland report into Star’s HK partner
The report into Star Entertainment’s marquee Brisbane casino examined possible criminal links with one of its business partners.
- James Hall and Zoe Samios
AirTrunk’s $23.5b AI pay day
Blackstone emerged as the winning bidder in the year’s biggest merger and acquisition deal, netting its founder Robin Khuda a $1 billion-plus payday.
- Paul Smith and Anthony Macdonald
August 2024
China mulls $7.9 trillion in mortgage refinancing as economy stutters
The government plan would let homeowners switch banks for cheaper loans, as the property slump drags down consumer spending and household wealth.
- K. Oanh Ha
China bond bulls warned of bubble risk over bumper debt supply
People close to the Chinese central bank say a wave of new issuance could burst the market “bubble”.
- Joe Leahy, Wenjie Ding and Cheng Leng
Even Temu is crashing, in red flag for China’s economy
PDD Holdings, owner of market darling Temu, has surprised investors with an unusually gloomy outlook, as the nation’s economic malaise takes a toll on demand.
- Updated
- Yujing Liu
PwC braces for a six-month ban in China
The expected punishment for work on the failed property developer Evergrande’s accounts would be Beijing’s toughest penalty handed down against a big four firm.
- Updated
- Stephen Foley, Cheng Leng, Eleanor Olcott and Wenjie Ding
- Analysis
- Property development
Hong Kong’s collapsing land sales threaten city’s funding model
For decades, the city’s government generated huge income auctioning off land to developers as prices soared. A property downturn is now undermining the model.
- Shawna Kwan and Jinshan Hong