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Gateway Tunnel Boring Begins, Turning a New York Rail Risk Into Active Construction
A 1,680-ton tunnel-boring machine has started the first underground section of the $16 billion Hudson rail tunnel linking New York and New Jersey.
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Hong Kong’s New ETF Wave Is Turning Investment Themes Into a Product Race
A cluster of ETFs began trading in Hong Kong on September 30, intensifying competition around AI, healthcare, income and cross-market strategies.
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London’s Economy Is Growing, but Its Labour Market Is Sending a Warning
Britain returned to monthly growth in July, but London’s unemployment, employment and payroll figures show why businesses remain cautious.
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New York’s Office Market Is Tightening, but the Recovery Is Still Uneven
New York office availability has fallen to its lowest level since 2020, but stronger leasing does not mean every building or district is recovering equally.
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Why Hong Kong Banknotes Look Different Even When They Are Worth the Same
Three banks, one currency: discover why Hong Kong banknotes look different and how dim sum, butterflies and opera became clues hiding in your wallet.
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London Unemployment Reaches 6.8% as Inflation Complicates the Capital’s Outlook
London unemployment was estimated at 6.8% in the three months to July while UK inflation rose to 3.1%, tightening the outlook for households and employers.
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New York Fed Puts Rising Corporate Markups Under the Microscope
The New York Fed will convene economists in October to examine why the gap between prices and production costs has risen—and what it means for policy.
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Why Hong Kong's Stock Market Still Stops for Lunch
Hong Kong's exchange pauses its main continuous session at noon. Here is how the split day works, why it survives and what investors should know.
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UK Business Growth Slows as September Price Pressures Build
Britain's private sector kept expanding in September, but a softer services reading and faster price growth complicated the outlook for London businesses and the Bank of England.
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Why New York, London and Hong Kong Still Lead Global Finance
New York, London and Hong Kong remain leading financial centers for different reasons. Here is how markets, time zones, regulation and capital flows shape each city.
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Hong Kong Keeps Asia's Top Financial-Centre Ranking as Global Gap Narrows
Hong Kong remained Asia's leading financial centre and third worldwide in GFCI 40, finishing just one point behind London in a tightening global race.
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Bank of England Holds Rates as Inflation Risks Revive Talk of a Hike
The Bank of England held its benchmark rate after a 6–3 vote, but three policymakers backed an increase as energy-driven inflation risks complicated the outlook.
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East Williamsburg Opens $20 Million Call for Revitalization Projects
East Williamsburg has opened a call for capital projects under New York's $20 million Downtown Revitalization Initiative, with a public workshop set for September 23.
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Hong Kong's First Five-Year Plan Tries to Build a Broader Business Engine
Hong Kong's first five-year plan seeks to reinforce finance while expanding the city's role in technology, trade, education and regional supply chains.
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Bank of England Faces a Harder Rate Choice as UK Inflation Climbs
The Bank of England reaches its September decision with Bank Rate at 3.75% and UK inflation at a five-month high of 3.1%.
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Wall Street Waits on a High-Stakes Fed Decision as Bond Yields Bite
Wall Street enters today's Federal Reserve decision with the 10-year Treasury yield near 5% and investors braced for a possible rate increase.
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Hong Kong Businesses Are Optimistic—but Want Clearer Policy and AI Support
A new DBS Hong Kong survey found 63% of business leaders positive about the next 12 to 18 months, while investment and AI barriers remain.
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London Fund Managers Face a Turning Point in the FCA’s Rulebook Rewrite
London’s alternative-investment industry is entering a decisive stretch in the Financial Conduct Authority’s proposed rewrite of the rules governing fund managers. The regulator is holding a prudential roundtable at its Canary Wharf office on September 14 as it gathers feedback on a plan that...
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New York City Targets $100 Million in School Procurement Savings
New York City says a school procurement overhaul will save more than $100 million over two fiscal years through rebidding, oversight and new systems.
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Hong Kong Finance Jobs Draw Returning Talent as Fundraising Rebounds
Hong Kong’s fundraising revival is drawing finance professionals back. New market data and recruiters’ reports show the opportunities and their limits.
4 min read
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