The scale of this week's tariff de-escalation was a bit larger than we had expected. But most of the rollback had already been factored into our forecasts. And while the threat from tariffs has...

Bank loan growth resumed its slowdown last month, but broad credit growth continued to accelerate on the back of a surge in government bond issuance. While monetary easing should help drive up private...

While sales volumes have picked up since the start of last year, we expect residential property prices in Hong Kong to continue to fall until Fed cuts resume. Even then, given the structural headwinds...

The recent climbdown has left the effective US tariff on the rest of the world at around 15% as opposed to the 27% which was threatened at the height of this year’s trade war. While this is still the...