CapitaLand China Trust Receives Inaugural ‘BBB’ Rating with Stable Outlook from Fitch

Hong Kong’s leader has begun a four-day visit to Beijing and Shanghai to deepen economic ties with the mainland, calling for closer collaboration on finance and innovation and technology (I&T), and pledging to help Chinese enterprises expand overseas. Speaking at the annual Beijing-Hong Kong Economic Cooperation Symposium on Wednesday, Chief Executive John Lee Ka-chiu said the Northern Metropolis would create a new platform for the two cities to cooperate on research and innovation. The...

After weeks of insults, fearmongering and eye-popping spending on advertising, Americans settled down to vote on Tuesday, unleashing a blue wave that saw Democrats projected to take the House and the Senate, in a sharp rebuke to US President Donald Trump and his controversial governing style. In a stunning development, the Associated Press also projected that Democrat James Talarico won the Texas US Senate election, defeating Republican nominee Ken Paxton and earning the first statewide win for.

Chinese listed firms’ third-quarter dividend payments lag behind the global average, according to a report by Capital Group, throwing doubt over the effectiveness of Beijing’s ongoing stock market stabilisation plans. In China, dividends only rose 5.3 per cent on a core basis in the third-quarter, compared with global growth of 7.5 per cent, according to the Dividend Watch report released by Capital Group on Wednesday. Globally, 88 per cent of companies in the Capital Group index increased...

Kim Jong-un’s powerful sister on Wednesday rejected holding any further talks with the United States, days after the FBI accused North Korea of stealing more than US$6 billion from a cryptocurrency exchange and Washington launched a new round of sanctions aimed at Pyongyang. Analysts say the latest developments have all but killed off the chances of another Trump-Kim summit, despite the US president’s continued warm words for North Korea’s supreme leader and apparent openness to meeting him...