How PayMe’s 3.3 million users and Hong Kong firms could start using stablecoins
For Hong Kong’s 3.3 million PayMe users, everyday transactions such as buying coffee or splitting bills with friends…
China’s yuan settlements hit record, and the Iran conflict is looking like a catalyst
Rising demand for yuan settlement amid Middle East tensions is driving record transaction amounts in China’s cross-border payment…
China’s yuan may be going global faster than Western data suggests, analysts say
This could help explain the gap between Beijing’s official narrative – which describes the yuan as the world’s…
Hong Kong interbank rates forecast to drop on expected US monetary easing in 2026
The US Federal Reserve under a new chairman in 2026 is expected to press ahead with interest rate…
New phrase, new phase? China’s central bank adjusts language on yuan internationalisation
China’s central bank has adopted a more proactive tone when describing its efforts to promote the global use…
Foreign banks raise China GDP forecast, Goldman Sachs says 2025 target ‘largely on track’
Several major banks forecast stronger economic growth for China this year, buoyed by third-quarter data showing slightly better-than-expected…
How Hong Kong is building an ecosystem to solidify its role as offshore yuan hub
When Hong Kong businessman Sunny Yip Yuk-chik heard about a new scheme that would make it easier and…
Hong Kong property deals surge anew in September on rate cut, buoyant stocks
Deals covering new and lived-in homes, office spaces, shops, car parking slots as well as industrial units were…
Ant and Standard Chartered Test Bank-to-Wallet Payments Offering
Live productions of this solution using the ISO 20022 financial messaging standards are underway, Standard Chartered announced Wednesday (Aug. 27).…
Can China pass on-the-ground tests to ace its economic report card in 2025’s second half?
Having gone five years without a raise, and now facing increased odds of being laid off, a 36-year-old…