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Michael Ku

Africa News

Hong Kong’s Stablecoin Drive May Pave Way for Digital Yuan, Undermining US Dollar

News AnalysisThe push by Hong Kong’s Legislative Council to authorize a diverse range of fiat-referenced stablecoins is raising concerns about the stability of its long-standing Linked Exchange Rate System (LERS) pegged to the U.S. dollar.
China News

‘Involution’ Engulfs Hong Kong: The Triple Impact of Real Estate Debt, Talent Mismatch, and Consumption Outflow

Hong KongHong Kong is grappling with a severe real estate crisis and economic downturn.Michael Ku6/18/2025|Updated: 6/18/20250:00News AnalysisThe phenomenon of “involution,” or “nei juan”—a Chinese buzzword meaning “inward curl” that describes intense competition to survive ongoing socioeconomic woes in mainland China—has rapidly rippled over Hong...
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Wall Street Review: Stocks End Week Mixed Amid Bulls-Bears Tug of War

Traders work on the floor of the New York Stock Exchange on Dec. 16,...
Business

Visa, Mastercard to Pay $167.5 Million to Settle ATM User Fee Lawsuit

Several Visa and Mastercard credit cards are shown in Buffalo Grove, Ill., on Feb....
Business

Las Vegas Locals Say Hidden Fees, Less Value Are Driving Away Tourists

|December 19, 2025Updated:December 19, 2025LAS VEGAS—Lately, Andy Zimmerman has seen a new type of...
Africa News

Lifeguards Pay Tribute at Bondi Beach

They formed an almost kilometre-long line along the Bondi Beach shoreline, standing in silence...

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