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Time:2026-07-01T13:50:49Z

Hong Kong's luxury property market is showing resilience with mild price growth expected, while developers sweeten deals with luxury car giveaways. A wave of major IPOs is building across Asia and beyond, including Jio Platforms and Anthropic, complicated by regulatory and geopolitical factors. The US, Canada, and Mexico have begun tense negotiations to renew the North American trade pact under a looming deadline. Former President Trump earned over $1 billion from cryptocurrency ventures in his first year back in office, his financial disclosures reveal. The White House has lifted export controls on Anthropic, allowing its most advanced AI models to be used by foreign entities.

Hong Kong luxury housing market stays resilient with mild growth

Hong Kong luxury housing market stays resilient with mild growthHong Kong's high-end property market is expected to see mild price growth of up to 2% in the second half of 2026, buoyed by strong first-half momentum. Agents remain optimistic about resilience despite cautious pricing expectations. Developers are offering creative incentives, including luxury car giveaways, to attract wealthy buyers. The market continues to draw interest from both local and mainland Chinese investors.

Asia’s IPO boom faces complications amid global market shifts

Asia’s IPO boom faces complications amid global market shiftsA wave of initial public offerings is building across Asia, with Jio Platforms preparing for India's biggest-ever listing and Anthropic clearing regulatory hurdles ahead of its crucial IPO. However, analysts warn the boom may be more complicated than it appears, citing market volatility and geopolitical risks. Anthropic's US export restriction lift signals a broader push to allow international participation in cutting-edge AI investments.

US, Canada, Mexico begin tense renegotiation of North American trade pact

US, Canada, Mexico begin tense renegotiation of North American trade pactThe United States, Canada, and Mexico have opened negotiations to renew the North American trade pact, with discussions described as bumpy and complex. Key sticking points include rules of origin, digital trade, and labor standards. A looming deadline adds pressure to reach a deal. The outcome will have significant implications for trilateral trade flows and supply chains across the continent.

Trump earned over $1 billion from crypto ventures since returning to office

Trump earned over $1 billion from crypto ventures since returning to officeFinancial disclosures show former President Donald Trump made more than $1 billion from cryptocurrency ventures in his first year back in office. Reports from multiple outlets estimate his crypto-related income between $580 million and $1.2 billion, with some sources placing his total earnings at over $2 billion since returning to the White House. The disclosures have raised questions about conflicts of interest and ethics surrounding a former president's business activities.

US lifts export controls on Anthropic's most advanced AI models

US lifts export controls on Anthropic's most advanced AI modelsThe White House has lifted export restrictions on Anthropic's most advanced AI models, including Mythos 5 and Fable 5, reversing a previous freeze. The decision allows foreign entities to use these cutting-edge AI tools, marking a significant shift in US AI export policy. The move comes as Anthropic prepares for a major IPO, and analysts see it as a bid to maintain US competitiveness in the global AI race while enabling broader commercial access.