Summer Davos closes in Dalian with 1,700+ delegates from 90+ countries focused on scaling innovation; WEF announces 2027 edition in Tianjin.

Hong Kong overtakes Switzerland as world's biggest offshore wealth hub; renewed Chinese regulatory clampdown casts pall over billionaire boom

Hong Kong has overtaken Switzerland as the world's largest offshore wealth hub, while a renewed clampdown by Chinese regulators casts a pall over the resurgent billionaire boom.

Indonesia weighs scaling back Prabowo's flagship free meals program with another $2B+ budget cut, reducing kitchens and beneficiaries.

Indonesia is preparing to scale back President Prabowo Subianto's flagship free meals program, with officials weighing another budget cut of more than $2 billion along with reductions in kitchens and beneficiaries.

BOJ June meeting opinions show hawkish tone, members say appropriate to continue raising rates as financial conditions stay accommodative and import costs add to inflation pressures.

BOJ June meeting opinions reveal a hawkish tone, with members stating it is appropriate to continue raising interest rates as financial conditions remain accommodative and currency-driven import costs add to inflation pressures.

Tencent in talks to exit Japanese game studio investments including Marvelous amid global portfolio review, sources say

Tencent is negotiating exits from several game studio investments in Japan, including Tokyo-traded Marvelous, as part of a reassessment of its global portfolio, according to people with knowledge of the matter.