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Money

The greenback weakens against its major currency rivals

Markets

Yuan jumps against US dollar as Fed looks unlikely to hike rate anytime soon

Mainland equities will come round - someday

Back with a Banga

Money

Out of this world

Two companies are set to give the first tourists a glimpse of outer space – the kind of adventure rich mainlanders crave, writes Denise Tsang.

Alex Tang, CEO of Space Expedition Corporation’s Asia- Pacific operations, at his Cyberport office with a mockup of the Lynx spacecraft. Photo: Jonathan Wong
Alex Tang, CEO of Space Expedition Corporation’s Asia- Pacific operations, at his Cyberport office with a mockup of the Lynx spacecraft. Photo: Jonathan Wong

Money

Inside the industry

Snapshots of four private bankers, each of whom controls money equivalent to the GDPs of some mid-sized nations, by Jasper Moiseiwitsch.

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The jets and the sharks

Private aircraft allow mainland business people to get the job done efficiently, but also with a sense of Chinese style, writes Tiffany Ap.

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Advising the one-percenters

How private banks help the rich get richer, by Tara Loader Wilkinson.

Olivier Pacton, of HSBC's Private Banking Investment Group, says ultra-rich clients can get access to up to 100 advisers a day. Photos: Antony Dickson
Olivier Pacton, of HSBC's Private Banking Investment Group, says ultra-rich clients can get access to up to 100 advisers a day. Photos: Antony Dickson

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A brand of their own

With the mainland now a force in buying luxury goods, they're now eager to develop elite brands that they can be proud of, writes Tiffany Ap.

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A kingdom for a horse

They cost a pretty penny, but there's money in racing steeds, whether in breeding them, sharing in winnings or earning stud fees, writes Benjamin Robertson.

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Bringing clarity to claret

Because the wine market is murky, investors often pay too much. Benjamin Robertson tells how, with a little research, you never have to feel as if you've been ripped off.

Simon Staples, sales director of Berry Bros & Rudd, which has an online platform called BBX. Photo: Paul Yeung

Money

The Garia Mansory Currus blurs the line between golf cart and go-kart

The Garia Mansory Currus (above, and the driver’s control centre below) is the Rolls-Royce of golf carts, and there are only seven worldwide.
The Garia Mansory Currus (above, and the driver’s control centre below) is the Rolls-Royce of golf carts, and there are only seven worldwide.

Money

Pneumatically numerate

Nate Silver rides roughshod over anyone with lazy opinions or bad analysis. It's a lesson for business and, indeed, life, writes Jasper Moiseiwitsch.

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Long live the king

A record auction price for a 'King of Kowloon' graffiti piece points to a golden age for contemporary Chinese art, writes Denise Tsang.

Money

In the Spink

One of London's oldest auction houses shows commitment to Asia by moving its chairman and CEO to Hong Kong, writes Tiffany Ap.

Olivier Stocker, chairman and CEO of Spink, at their office in Wan Chai. Photo: Nora Tam

Money

Cashes to ashes

Consumerism and brand fixation have infiltrated the underworld. Hong Kong's ghosts are a rich lot, many of them with their own fleet of luxury cars, iPhones and houses with servants to keep their bullion dust-free, discovers Tiffany Ap.

Photo: Edmond So
Photo: Edmond So

Money

Savoir faire

Hong Kong's French community is branching out from traditional business activities and using their French connections to promote their brands, discovers Shirley Lau.

Money

Flush mob

Crowd-funding can connect the masses to promising investments, but beware the pitfalls, writes Benjamin Robertson.

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