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Bank of Korea Governor Shin Hyun-song: Similar to Eurozone countries, South Korea is highly sensitive to energy price shocks. South Korea is heavily reliant on energy imports.

2026-06-01

Bank of Korea Governor Shin Hyun-song: Similar to Eurozone countries, South Korea is highly sensitive to energy price shocks. South Korea is heavily reliant on energy imports.

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2026-05-31

Hong Kong financial secretary Paul Chan cited a recent 2026 global wealth report estimating the city’s cross‑border wealth management assets rose 10.7% YoY to about HKD 23 trillion last year, overtaking Switzerland as the world’s largest cross‑border

Hong Kong financial secretary Paul Chan cited a recent 2026 global wealth report estimating the city’s cross‑border wealth management assets rose 10.7% YoY to about HKD 23 trillion last year, overtaking Switzerland as the world’s largest cross‑border wealth centre. The report projects Hong Kong‑managed cross‑border wealth will expand roughly 9% p.a. through 2030. CSRC’s annual Asset and Wealth Management Activity Survey shows total asset and wealth management business in Hong Kong exceeds HKD 35 trillion, with 54% of assets sourced from mainland China China and other non-Hong Kong investors. Chan said AUM doubled and the number of asset managers nearly doubled between 2015 and 2024.
2026-06-01

In a Qiushi article, Science Minister Yin Hejun urged deepening the role of enterprises as China’s primary agents of technological innovation and making firms the driving force behind future industry development. He said enterprises naturally connect

In a Qiushi article, Science Minister Yin Hejun urged deepening the role of enterprises as China’s primary agents of technological innovation and making firms the driving force behind future industry development. He said enterprises naturally connect science, market and industry and called for stronger enterprise-led industry–university–research integration, support for firms to form innovation consortia, and greater upstream–downstream industry‑chain integration. He asked authorities to cultivate and scale a cohort of technology-leading firms and to tier the development of companies that will underpin future industries. On finance, he urged accelerating a tech‑finance framework aligned with innovation, boosting financial support for tech SMEs, and encouraging long‑term capital to invest earlier, in smaller tickets, for longer durations and into hard tech.
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