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EY

The latest news and top stories on EY, a leading global professional services firm, headquartered in London, United Kingdom and one of the "Big Four" accounting organisations. EY provides extensive services including assurance, tax, consulting and strategy and transactions to Fortune 500 businesses and large organisations worldwide. Known for its strong market position and consistent ranking among top employers, EY focuses on “Building a better working world” through innovation, technology and creating long-term value. This includes contributing to reports, such as one projecting India’s space economy growth to US$44 billion by 2033.

The measure is poised to make Hong Kong the first major Asian financial centre to grant tax relief on such bonuses. Photo: Eugene Lee

Wealth management

Hong Kong’s proposed fund talent tax break set to sharpen edge over Singapore

Incentive will give Hong Kong the lowest tax rate globally for fund managers whose income is largely driven by performance fees, sources say.

5 Jun 2026 - 2:30PM

Banking & finance

Resilient economy lifts Chinese banks, but property debt drags, experts say

18 May 2026 - 9:30AM

India

Indian travel firms fear further squeeze as Modi calls for holiday restraint

13 May 2026 - 1:11PM

Banking & finance

HSBC vows to keep investing in China as new trade growth corridors emerge

HSBC’s CEO said financial institutions needed to ‘keep up’ with the rapid expansion of Chinese companies on their journey to ‘go global’.

22 Mar 2026 - 7:50PMvideocam

Last year saw a steady growth in global trade but the landscape has been complicated by shifting tariffs, geopolitical tensions and regional conflicts. Photo: Xinhua

Artificial intelligence

Sports data revolution: AI reshaping athletes’ performances, boosting fan fun

It can potentially help coaches further refine training and game-day strategies, along with enticing fans to online betting markets.

18 Feb 2026 - 3:00PM

India

India eyes ‘global manufacturing powerhouse’ status with budget boost

The measures aim to boost production in key sectors such as biopharma and semiconductors, and increase support for smaller businesses.

2 Feb 2026 - 7:06PM

China economy

Opinion | How generational wealth transfer will reshape China’s economy

China’s generational wealth transfer will involve more than assets changing hands; it will reconfigure capital markets and global financial power.

20 Jan 2026 - 6:42PMvideocam

A woman reacts for a photo near the words “Get Rich” in Beijing on January 15. Photo: AP

China's economic recovery

China prioritises export controls, supply chains to shield economy in 2026

Commerce ministry also pledges to boost domestic demand, services and two-way investment over coming year.

12 Jan 2026 - 7:30PM

Hong Kong economy

Editorial | Hong Kong’s IPO market rings in 2026 on a high note

The city catapulted itself into the global top spot for initial public offerings in 2025, with another strong pipeline of listings expected this year.

1 Jan 2026 - 7:15AM

IPO

Insilico Medicine leads 6 Hong Kong IPOs, capping banner fundraising year

Debutants raise total of US$899 million as exchange wraps up one of the most active months for IPOs since 2021.

30 Dec 2025 - 5:26PM

Executives of the six companies celebrate their listings in a gong ceremony at Hong Kong Exchanges and Clearing in Central on December 30, 2025. Photo: Sun Yeung

Accounting and auditing

Hong Kong accounting firms plan hiring spree and embrace AI to attract talent

KPMG, Deloitte and EY boost hiring and invest in AI to lift efficiency and attract talent amid rising demand for tech-savvy professionals.

29 Dec 2025 - 12:00PM

AI is helping accountants take on new and different job roles, according to KPMG. Photo: Getty Images

US-ally trade wars

Mexico’s 50% tariff shock shuts Asia’s North American trade bypass

A tariff wall will soon separate protected partners like CPTPP members Singapore and Malaysia from exporters facing a shutout.

20 Dec 2025 - 1:30PM

Accounting and auditing

Exclusive | Hong Kong to see more debt restructuring, liquidations amid weak economy: expert

Derek Lai says firms are more willing to engage professionals to address their debt problems, increasing the chance of a successful result.

16 Dec 2025 - 7:30AM

Britain

UK’s Reeves unveils tax plan amid embarrassing budget leak

In an unprecedented error, the UK’s financial watchdog apologised for publishing budget forecasts before they were delivered in parliament.

26 Nov 2025 - 11:49PM

British Chancellor of the Exchequer Rachel Reeves poses with the red budget box outside her office in Downing Street in London, Britain on Wednesday. Photo: Reuters

China's economic recovery

China tightens tax scrutiny on citizens’ overseas income amid fiscal pressures

As local authorities use big data to identify violators, analyst says better enforcement could ease financial strain.

13 Nov 2025 - 5:13PM

Facing fiscal challenges in recent years, China’s local authorities have expanded initiatives to collect taxes. Photo: Getty Images

Malaysia

Malaysia braces for budget constraints as US tariffs weigh on growth

Limited fiscal space and impact of tariffs will affect the government’s ability to push out populist measures to drive growth, analysts warn.

18 Sep 2025 - 5:00PM

Hong Kong China Rugby

Hong Kong sevens ace was sent a devastating email. Now he’s fit to take on world

Seb Brien aims to put city top of pile again in Asia before chasing place in global elite – even if getting there just became tougher.

18 Sep 2025 - 8:07AM

Hong Kong courts

Hong Kong court extends bankruptcy of man who forged Nina Wang’s will by 4 years

High Court cites Peter Chan Chun-chuen’s failure to repay debt to tycoon’s estate and suspends his discharge from a 2021 bankruptcy order.

9 Sep 2025 - 5:35PM

Peter Chan Chun-chuen leaves the High Court after he is declared bankrupt in August 2021. Photo: Jasmine Siu

India

Modi’s ‘double Diwali’: India bets on tax overhaul to blunt US tariff shock

The overhaul will cut the top GST rate from 28 to 18 per cent, making cars, air con units and fridges cheaper in a bid to boost consumption.

23 Aug 2025 - 5:00PM

Asean

Asia’s small businesses brace for a US tariff-economy ‘disaster’

Analysts are urging the region’s SMEs to diversify supply chains and invest in risk management to survive this new, unstable trade landscape.

17 Aug 2025 - 10:00AMvideocam

Asean

Opinion | How Asian businesses can compete with China’s apex predators

China’s growing supply chains offer short-term opportunities but Asia must quickly learn from how it tests and strategically nurtures firms.

4 Jul 2025 - 10:50AMvideocam

A costumed actor poses in front of a car at the BYD booth during the Shanghai Auto show in in China on April 25. Photo: EPA-EFE

India

India eyes lift-off for space economy after astronaut ISS milestone

Mission marks progress in India’s programme to become the fourth country to independently carry out human space flights.

27 Jun 2025 - 10:35PMvideocam

Indian astronaut Shubhanshu Shukla with fellow astronauts aboard the International Space Station on Thursday. Shukla is India’s second astronaut going into space. Photo: Nasa via AP

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EY

Hong Kong’s proposed fund talent tax break set to sharpen edge over Singapore

Incentive will give Hong Kong the lowest tax rate globally for fund managers whose income is largely driven by performance fees, sources say.

Resilient economy lifts Chinese banks, but property debt drags, experts say

Indian travel firms fear further squeeze as Modi calls for holiday restraint

HSBC vows to keep investing in China as new trade growth corridors emerge

HSBC’s CEO said financial institutions needed to ‘keep up’ with the rapid expansion of Chinese companies on their journey to ‘go global’.

Sports data revolution: AI reshaping athletes’ performances, boosting fan fun

It can potentially help coaches further refine training and game-day strategies, along with enticing fans to online betting markets.

India eyes ‘global manufacturing powerhouse’ status with budget boost

The measures aim to boost production in key sectors such as biopharma and semiconductors, and increase support for smaller businesses.

.css-1pcrwvc{color:#2aa191;}Opinion | How generational wealth transfer will reshape China’s economy

China’s generational wealth transfer will involve more than assets changing hands; it will reconfigure capital markets and global financial power.

China prioritises export controls, supply chains to shield economy in 2026

Commerce ministry also pledges to boost domestic demand, services and two-way investment over coming year.

Editorial | Hong Kong’s IPO market rings in 2026 on a high note

The city catapulted itself into the global top spot for initial public offerings in 2025, with another strong pipeline of listings expected this year.

Insilico Medicine leads 6 Hong Kong IPOs, capping banner fundraising year

Debutants raise total of US$899 million as exchange wraps up one of the most active months for IPOs since 2021.

Hong Kong accounting firms plan hiring spree and embrace AI to attract talent

KPMG, Deloitte and EY boost hiring and invest in AI to lift efficiency and attract talent amid rising demand for tech-savvy professionals.

Mexico’s 50% tariff shock shuts Asia’s North American trade bypass

A tariff wall will soon separate protected partners like CPTPP members Singapore and Malaysia from exporters facing a shutout.

.css-1f6sr3w{color:#727272;}Exclusive | Hong Kong to see more debt restructuring, liquidations amid weak economy: expert

Derek Lai says firms are more willing to engage professionals to address their debt problems, increasing the chance of a successful result.

UK’s Reeves unveils tax plan amid embarrassing budget leak

In an unprecedented error, the UK’s financial watchdog apologised for publishing budget forecasts before they were delivered in parliament.

China tightens tax scrutiny on citizens’ overseas income amid fiscal pressures

As local authorities use big data to identify violators, analyst says better enforcement could ease financial strain.

Malaysia braces for budget constraints as US tariffs weigh on growth

Limited fiscal space and impact of tariffs will affect the government’s ability to push out populist measures to drive growth, analysts warn.

Hong Kong sevens ace was sent a devastating email. Now he’s fit to take on world

Seb Brien aims to put city top of pile again in Asia before chasing place in global elite – even if getting there just became tougher.

Hong Kong court extends bankruptcy of man who forged Nina Wang’s will by 4 years

High Court cites Peter Chan Chun-chuen’s failure to repay debt to tycoon’s estate and suspends his discharge from a 2021 bankruptcy order.

Modi’s ‘double Diwali’: India bets on tax overhaul to blunt US tariff shock

The overhaul will cut the top GST rate from 28 to 18 per cent, making cars, air con units and fridges cheaper in a bid to boost consumption.

Asia’s small businesses brace for a US tariff-economy ‘disaster’

Analysts are urging the region’s SMEs to diversify supply chains and invest in risk management to survive this new, unstable trade landscape.

Opinion | How Asian businesses can compete with China’s apex predators

China’s growing supply chains offer short-term opportunities but Asia must quickly learn from how it tests and strategically nurtures firms.

India eyes lift-off for space economy after astronaut ISS milestone

Mission marks progress in India’s programme to become the fourth country to independently carry out human space flights.

Opinion | How generational wealth transfer will reshape China’s economy

Exclusive | Hong Kong to see more debt restructuring, liquidations amid weak economy: expert