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The Hang Seng Index rose more than 3%, with chip and tech stocks leading the gains.

2026-07-08

The Hang Seng Index rose more than 3%, with chip and tech stocks leading the gains.

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2026-07-07

Hong Kong govt announced at the Fixed Income and Currency Summit and Bond Connect Forum that the Hong Kong Gold Central Clearing and Settlement System has begun trial operations. As a board member and direct participant, China Construction Bank (Asia

Hong Kong govt announced at the Fixed Income and Currency Summit and Bond Connect Forum that the Hong Kong Gold Central Clearing and Settlement System has begun trial operations. As a board member and direct participant, China Construction Bank (Asia) completed initial physical HAU deposits and executed and cleared 16 trades on the system’s first day.
2026-07-07

Michael Nizad, head of multi-asset and portfolio management at Edmond de Rothschild Asset Management, said the yen’s weakness is excessive given Japan’s strong fundamentals and could push USD/JPY toward 170 within three months absent intervention. US

Michael Nizad, head of multi-asset and portfolio management at Edmond de Rothschild Asset Management, said the yen’s weakness is excessive given Japan’s strong fundamentals and could push USD/JPY toward 170 within three months absent intervention. USD/JPY hit 162.83 on Wednesday, a 40-year high, and was trading at 161.76. Nizad said such depreciation would boost Japanese industry competitiveness and would be unacceptable to the Trump administration, so he expects coordinated foreign-exchange intervention by the Bank of Japan, Federal Reserve and European Central Bank in H2. He added that any appreciation without intervention would likely be short-lived; a successful intervention could compress USD/JPY to around 155, making the near-163 move the peak.
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