A focused view of neutral reporting on Economy & Finance, brought together across publishers.
Explore all topics →
Pakistan has reportedly become a new marriage market for Chinese men seeking brides, as stories have emerged about hundreds of women and girls from the South Asian nation’s impoverished Christian minority being lured away from their families and trafficked to China.
Street markets are common across Thailand, but one that stands out is the Maeklong Railway Market that features train tracks running through its centre. Hundreds of thousands of tourists from around the world visit the market every day, some ignoring the danger to pose for a selfie in the narrow rail passage as a tr…
The People’s Bank of China will distribute new banknotes and coins from August 30, 2019.
Ahead of Indonesia's general election on April 17, South China Morning Post Asia News Editor Lynn Lee and our correspondent Resty Woro Yuniar sat down with Indonesian vice-presidential candidate Sandiaga Uno, the running mate of former general Prabowo Subianto. Prabowo is in a tight race for the presidency with incu…
European robots maker ABB is betting on China - the world’s largest industrial robot market - to build its biggest factory yet. Set to open in 2020 in Shanghai, it will churn out 100,000 robots annually – a quarter of the total global production capacity in 2017.
Police in northern India are looking for a gang of women accused of stealing clothes from a shop in Tripolia market of Jaipur in northern India. Surveillance cameras caught the three women thieves in action, entering the shop as one of them distracted the salesman and the others swiftly tucked new clothes inside the…
A Sumo-sized book of more than 300 portraits by British renowned fashion photographer David Bailey debuts at Art Basel Hong Kong this week. Printed big and bold, only 3,000 numbered and signed copies are available on the market. Each limited edition comes with a bookstand designed by Marc Newson and a set of four bo…
Asia’s biggest low-cost carrier AirAsia is considering opening a base in Macau as a way to tap into China, the world’s second largest aviation market. Tony Fernandes revealed his airline’s interest in the city in an exclusive interview with the South China Morning Post.
In a 3-hour press conference, Chinese Premier Li Keqiang spoke to reporters about the country’s economy, society, diplomatic issues, and more.
Hong Kong Financial Secretary Paul Chan Mo-po attended the Redefining Hong Kong Debate Series, organised by the South China Morning Post on March 13, to explain his 2019-20 budget.
A knife-wielding man robbed a woman at an ATM in southern China’s Guangdong province, only to return the money once he saw his victim’s bank balance.
Ahead of the Indian general elections, saris bearing the face of Prime Minister Narendra Modi have already won over shoppers in Mumbai. A clothing shop in the west coast financial city has sold more than 2,200 of the Modi-themed women’s garments this year. The shop’s owner expected a further surge in sales closer to…
Much attention has been focused on US President Donald Trump’s message about his trade war with China including demands that Beijing makes structural changes to its economy.
China has set the GDP growth target at 6 to 6.5 per cent, the lowest in three decades. What does that mean for the country’s economy?
Chinese Premier Li Keqiang delivered the government’s annual work report during the March 5, 2019 opening of the National People’s Congress in Beijing. The report indicated that the government expects slightly slower GDP growth and a smaller increase in military spending for the coming year.
China is an increasingly important market for Lego, which has built a new plant in Jiaxing and plans to open 80 new stores in the mainland in 2019.
Vietnam has enjoyed steady economic growth in the 30 years since its communist government embraced market reforms. It is now one of the world’s fastest growing economies. Here’s what Vietnamese people think North Korean leader Kim Jong-un can learn from their experience.
Ecology experts have discovered animal species in caves in southern China, a strong motivation for locals to develop their economy through ecotourism rather than mining.
Hong Kong’s Financial Secretary Paul Chan has announced his budget for the 2019-20 fiscal year. Injecting a fresh HK$150 billion in the city, here are the key takeaways of how the government is going to use the money.
A Chinese man was spotted paddling across the Yangtze River in Chongqing city on February 19. Liu Fucao lives on the south bank of the river but his office is on the north bank. It normally took him around an hour to get to work. So the 29-year-old decided to use his paddling skills and now his journey to work only …
Vietnam and North Korea are both single-party ruled communist states. But whereas North Korea’s economy has struggled since the collapse of the Soviet Union, Vietnam’s has seen rapid growth...so much so that it is now one of the fastest-growing economies in Asia. Experts say it’s a key reason why Vietnam was chosen …
Samsung has revealed its highly anticipated Galaxy Fold in San Francisco on February 21. It is using the Galaxy Fold, a groundbreaking foldable smartphone, to spur more people to upgrade their phones. Samsung saw its smartphone sales fall 8 percent last year as the the overall market shrinks. The Galaxy Fold will se…
A Buddhist master in Taiwan was filmed spinning more than 150 times in an attempt to bless Taiwan’s people and economy, but she ended up throwing up.
At least nine people were killed and dozens injured after a devastating fire raced through a crowded slum in the Bangladeshi port city of Chittagong on February 17, 2019. The blaze broke out the early morning at about 3.30am, when most of the residents were asleep. An investigation is underway but an official said t…
China’s government has started developing a “social credit system” which some observers believe will increase the collection and sharing of data about Chinese citizens, public officials and companies. Meant to improve governance and market order, the system is being tested using “blacklists” – or, in some communitie…
A clever father in eastern China’s Shandong province was faced with a problem when his young son refused to follow him home. His solution: use a strawberry to lure his son into following him through the market.
The Hong Kong Stock Exchange celebrated the first day of trading in the Year of the Pig with festivities. The god of wealth and lion dancers performed to bring everyone good fortunes.
In an interview with the SCMP's Chief Business Reporter Enoch Yiu, Former Secretary for Financial Services and Treasury Chan Ka-keung talks about Hong Kong being the global connector for start-ups and where international firms can, "come here to enter into the mainland markets."
Pattaya, a city 150km (93 miles) south of the Thai capital Bangkok, is a very popular tourist destination. Despite a shady reputation for its nightlife, the city is “home sweet home” to an estimated 50,000 Russians, who are more or less permanent residents attracted by Pattaya’s sun, cheap lifestyle and relaxed visa…
Chinese Vice-president Wang Qishan said he remains optimistic about China’s economy, despite the country posting its slowest economic growth rate in nearly three decades. China’s economy has been weighed down by a trade war with the United States. While the nations agreed to a 90-day truce in December 2018, the trad…
Set in an upland basin and largely surrounded by a country park, the tranquil abandoned village of Shalotung is one of Hong Kong’s most beautiful rural areas. Easily accessible from Tai Po Market station on the MTR East Rail Line, the village buildings being reclaimed by nature make for a relaxing destination and qu…
Visit this page for the latest news on national inflation and deflation rates, including updates.
In the midst of a trade war with the United States, China's economic growth slowed to its lowest level since the global financial crisis in the fourth quarter
The 17-year-old company provides hotel management training. It is the latest in a series of Chinese education firm listings on the Hong Kong Stock Exchange.
Minister of International Trade and Industry, Darell Leiking is known for being the 'salesman' of Malaysia. He talks to the South China Morning Post on the country's relationship with China and how investors should have 'confidence in the Malaysian economy again.'
Ma Yinhong is defying stereotypes about middle-age with her work as a fashion model in China. The 56-year-old has been modeling for two years, appearing for leading fashion brands such as Italy’s Dolce & Gabbana and Chinese label Uooyaa. The growing “silver” market is growing rapidly, with one in three people in Chi…
A staff member at a bank in central China’s Henan province was given a shock by a cat falling from the ceiling.
Tesla broke ground on Monday January 7 for its Shanghai ‘Gigafactory’, where it plans to begin making its Model 3 electric vehicles (EVs) by the end of 2019. The so-called Gigafactory is Tesla’s first overseas factory and China's first wholly foreign-owned car plant. China has the world’s largest auto market, but it…
People living in Shigatse city in Tibet visited a traditional market to prepare for Tibetan New Year celebrations, taking place on February 5 in 2019.
Bank clerks in Shanghai, China, recently replaced 9,200 yuan (US$1,340 dollars) worth of seriously damaged banknotes for a father who said his child tore up the money while he was busy cooking a Christmas Eve meal. With a major purchase due soon, the family was in trouble until local bankers with a talent for puzzle…
Apple cut its quarterly revenue expectations for the first time in 16 years. Apple’s CEO, Tim Cook, blamed it on China’s economic slowdown and trade tensions with the US. Shares dropped nearly 10 per cent the following day. Some consumers in China say the high cost of iPhones and increasing competition from local br…
All boat owners berthed at Discovery Bay Marina have until December 31 to move out after Hong Kong Resort Company Ltd., the marina’s operator, issued an eviction notice in August. Many owners say the notice period was too short, and having to scramble to find a place to moor their boats - and in some cases, a new pl…
China’s reform and opening-up policies began 40 years ago, resulting in decades of rapid economic growth which made its economy the second-largest in the world. New wealth has had an impact across the country, including in Hong Kong — a former British colony and current Special Administrative Region of China. The So…
Hong Kong’s iconic lemon tea is becoming increasingly popular among young people in mainland China. In the world’s largest beverage market, some internet users jokingly compare the experience of savouring the sweet and sour taste to that of smoking marijuana.
China’s reform and opening-up policies began 40 years ago, resulting in decades of rapid economic growth that has given rise to the world’s second-biggest economy. Growing wealth on the mainland has presented opportunities and challenges for the entertainment industry in Hong Kong - a former British colony which is …
As the China-US trade deal deadline fast approaches, SCMP’s senior editor for political economy John Carter speaks to Dr William Overholt, a Senior Research Fellow at Harvard University’s Asia Centre. Dr Overholt senses the mood is “complex” but feels there is “more support for President Trump among the Chinese elit…
As more and more male beauty vloggers are gaining popularity on social media, men’s make-up has become a trend in Asia, including Hong Kong, mainland China and South Korea. This opens up male grooming market as major beauty brands such as L’Oreal, Tom Ford and Chanel begin to launch new men’s make-up line.
President Xi Jinping has delivered a major speech to a conference commemorating the 40th anniversary of China’s reform and opening up. The series of capitalist reforms, introduced in 1978 by Deng Xiaoping, transformed the nation into the world’s second-largest economy. Xi marked the anniversary with broad statements…
China’s largest online music entertainment platform, Tencent Music Entertainment, debuted on the New York Stock Exchange on December 12, 2018. Betty Liu, the NYSE executive vice chairman, told South China Morning Post that US investors are still bullish on Chinese tech IPOs despite trade tensions. She also said that…
The claw crane business is booming in Taiwan, with the number of machines doubling from last year to become the fourth-largest tax revenue source in the entertainment industry. In a stagnating economy, the self-ruled island’s residents are finding cheap thrills in this arcade game for as little as US$0.33.
