TOPIC

/ company

Bank of America

Bank of America: A leading multinational investment bank and financial services company, headquartered in Charlotte, North Carolina, with global operations across over 35 countries. It offers a comprehensive suite of services including commercial banking, wealth management, investment banking, and consumer banking products like credit cards and loans. Serving individuals, small businesses, large corporations, institutional clients, and governments, Bank of America is the second-largest banking institution in the United States. Its business focus centres on responsible growth, client-centricity, and digital innovation, earning accolades such as "World’s Best Bank for Markets" and "World’s Best Bank for Trade Finance".

Digital screens display trading numbers on the floor of the New York Stock Exchange (NYSE) on July 23, 2026. Photo: AFP

Artificial intelligence

Sudden US AI fund sell-off serves as wake-up call for Chinese tech traders

In July alone, Situational Awareness, which bet heavily on the AI supply chain, reportedly saw its portfolio value plummet 67 per cent.

31 Jul 2026 - 10:30PM

Yuan

China’s offshore yuan hits 3-year high as Beijing signals policy support

31 Jul 2026 - 7:38PM

US-listed Chinese stocks

Fed uncertainty, AI doubts: the twist benefiting US-listed Chinese stocks

30 Jul 2026 - 6:00PM

China economy

Macroscope | Upper arm of China’s K-shaped economy both a blessing and a curse

China’s two-speed economy stems from the shift to new growth engines but the export boom it has created is doing little for jobs or consumption.

30 Jul 2026 - 4:30PMvideocam

Yutong electric double-decker buses for export to the UK are driven onto a car carrier at Yantai Port in Shandong province on July 27. Photo: AFP

Hong Kong stock market

Zhongji Innolight already has 30 cornerstone investors for US$8b IPO: sources

The Chinese firm is aiming to raise US$8 billion in its Hong Kong listing on July 30, making it the city’s biggest share sale in seven years.

21 Jul 2026 - 9:31PM

China’s private sector

China’s first AI-powered cancer vaccine production line set to launch in Beijing

Likang Life Sciences says it has developed a personalised vaccine using advanced tech to identify tumour-specific mutations.

29 Jun 2026 - 11:00AM

United States

SpaceX bankers prepare for potential US$20 billion bond offering, sources say

The offering ⁠would mark the first time the rockets-to-AI company has issued investment-grade dollar ‌bonds.

19 Jun 2026 - 3:41AM

SpaceX

Blast off on Wall Street: record SpaceX IPO could make Musk a trillionaire

At US$135 a share, the offering will raise US$75 billion, making it the biggest market debut in history.

12 Jun 2026 - 8:23AMvideocam

Hong Kong stock market

How the AI trade is stirring dotcom-era jitters across global markets

Signs of excess are mounting in AI trade, with soaring IPOs and stretched valuations echoing run-ups to past market peaks, analysts say.

11 Jun 2026 - 7:00AM

South Korea

Macroscope | How the AI chip boom made South Korea a victim of its own success

While tech giants are driving South Korea’s stock market higher, the country’s currency is struggling and foreign investors are pulling out.

4 Jun 2026 - 4:30PMvideocam

Currency dealers celebrate in front of a screen showing South Korea’s benchmark stock index during a ceremony celebrating it breaking 7,000 points at the Hana Bank headquarters in Seoul on May 6. Photo: AFP

Yuan

China’s yuan hits 3-year high as global banks issue bullish forecasts

Beijing has set the yuan at its strongest level against the US dollar since early 2023, with banks projecting further appreciation.

21 May 2026 - 5:38PM

Beijing has set the Chinese yuan at its strongest level against the US dollar since February 2023. Photo: Shutterstock

Artificial intelligence

China’s booming tech exports give Beijing ‘wind in its sails’ for Trump summit

The role of tech products in April’s trade data reflects how computing-related goods are a ‘new and important growth driver’ for exports.

12 May 2026 - 11:30PM

Banking & finance

Macroscope | Australia’s interest rate rise signals growing hawkish stance in Asia

Reserve Bank of Australia is less an outlier than a harbinger of global monetary trends in the wake of war-induced supply shocks.

7 May 2026 - 4:30PM

Hong Kong courts

Hong Kong ‘block trade king’ exploited bank lapse to make HK$1.7m, court told

Prosecutors allege Simon Sadler and Daniel La Rocca used confidential information about planned block trade to sell more than 1.7 million Esprit shares.

5 May 2026 - 7:45PM

The trial before Judge Josiah Lam is scheduled to last 25 days. Photo: SCMP

Artificial intelligence

From footwear to AI services: China moves up the value chain in exports

In 2025, China’s export growth in telecoms, computer and information services far outpaced exports of traditional goods, such as footwear.

3 May 2026 - 8:30PM

Robots produce automotive body parts at a mold stamping company in Fuzhou, Fujian province, April 16, 2026. Photo: Costfoto/NurPhoto via Getty Images

China property

Global banks bullish on China housing as inventory shrinks, policy support grows

The first 18 days of April saw primary home sale volumes across 30 key cities rise 3 per cent year on year: Bank of America data.

1 May 2026 - 11:00AM

Japan

Macroscope | Why fixing Japan’s monetary policy isn’t getting any easier

The wrong kind of inflation and the effects of the war in Iran complicate the outlook for Japanese interest rates.

23 Apr 2026 - 5:20PMvideocam

France

France suspects link to pro-Iranian group HAYI in foiled Paris bomb plot

The group had posted a video on March 23 targeting Jewish interests and communities in Europe, naming Bank of America’s Paris headquarters.

2 Apr 2026 - 12:12AM

People stand outside the Bank of America headquarters in Paris on Wednesday. Photo: EPA

Crime

France studies possible Iran link after bomb attack foiled at Bank of America

A link to Iran is suspected due to similarities to ‘recent attempted attacks in Europe which a pro-Iran group claimed responsibility for’.

31 Mar 2026 - 12:47AM

France

French prosecutors open terror probe after Bank of America attack attempt

Paris police and French intelligence agents are investigating after the suspect said he was contacted via Snapchat and paid 600 euros to carry out the bombing.

29 Mar 2026 - 7:45PM

France

French police foil Paris bomb attack outside US bank

A suspect was detained and another escaped.

28 Mar 2026 - 11:50PM

The Bank of America building with police and private security vehicles in the 8th arrondissement of Paris on Saturday, following an apparent bomb attack attempt. Photo: AFP

United States

Bank of America to pay US$72.5 million to settle Epstein victim lawsuit

The suit claims the bank’s executives ‘ignored red flags’ about Epstein’s sex-trafficking venture to provide him with financial services.

28 Mar 2026 - 11:33AM

The Bank of America building in New York. Photo: TNS

Hong Kong stock market

Markets brace for rate hikes as prolonged Iran war stokes tightening fears

The European Central Bank has become more hawkish, reverting to wording that analysts say often precedes interest-rate increases.

23 Mar 2026 - 9:46PM

Banking & finance

Iran conflict drives fund managers to slash risk and hoard cash: BofA survey

Fund managers pile into cash at fastest pace since Covid-19 as geopolitical tensions, inflation replace AI as top concerns, bank finds.

18 Mar 2026 - 4:40PM

United States

Macroscope | Normalisation of Trump’s chaos can only go so far

Markets assuming Trump will chicken out and downplaying risks contribute to the normalisation of the US president’s chaotic behaviour.

26 Feb 2026 - 7:45PMvideocam

US President Donald Trump delivers the State of the Union address during a joint session of Congress in the House Chamber at the Capitol in Washington on February 24. Photo: TNS

Sam Altman

Geopolitics takes back seat to ‘No 1 investor risk’ for creditors: survey

The survey showed that only 10 per cent of credit investors consider AI-driven corporate obsolescence a big concern.

25 Feb 2026 - 4:49PM

A chart above the trading floor of the New York Stock Exchange displays an intraday number for the S&P 500 on February 13, 2026. Photo: AP

Hong Kong property

Why global banks are betting on a double-digit surge in Hong Kong home prices

JPMorgan and Goldman Sachs join Morgan Stanley in lifting their market outlook to double digits, as price gains outpace previous expectations.

24 Feb 2026 - 9:44AM

Banking & finance

Macroscope | US dollar weakness is no game changer for a globalised yuan

Beijing will seize on the crisis to promote the yuan, but without capital account liberalisation – essential for a truly global currency – its rise will remain limited.

19 Feb 2026 - 4:30PM

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Bank of America

Sudden US AI fund sell-off serves as wake-up call for Chinese tech traders

In July alone, Situational Awareness, which bet heavily on the AI supply chain, reportedly saw its portfolio value plummet 67 per cent.

China’s offshore yuan hits 3-year high as Beijing signals policy support

Fed uncertainty, AI doubts: the twist benefiting US-listed Chinese stocks

.css-1pcrwvc{color:#2aa191;}Macroscope | Upper arm of China’s K-shaped economy both a blessing and a curse

China’s two-speed economy stems from the shift to new growth engines but the export boom it has created is doing little for jobs or consumption.

Zhongji Innolight already has 30 cornerstone investors for US$8b IPO: sources

The Chinese firm is aiming to raise US$8 billion in its Hong Kong listing on July 30, making it the city’s biggest share sale in seven years.

China’s first AI-powered cancer vaccine production line set to launch in Beijing

Likang Life Sciences says it has developed a personalised vaccine using advanced tech to identify tumour-specific mutations.

SpaceX bankers prepare for potential US$20 billion bond offering, sources say

The offering ⁠would mark the first time the rockets-to-AI company has issued investment-grade dollar ‌bonds.

Blast off on Wall Street: record SpaceX IPO could make Musk a trillionaire

At US$135 a share, the offering will raise US$75 billion, making it the biggest market debut in history.

How the AI trade is stirring dotcom-era jitters across global markets

Signs of excess are mounting in AI trade, with soaring IPOs and stretched valuations echoing run-ups to past market peaks, analysts say.

Macroscope | How the AI chip boom made South Korea a victim of its own success

While tech giants are driving South Korea’s stock market higher, the country’s currency is struggling and foreign investors are pulling out.

China’s yuan hits 3-year high as global banks issue bullish forecasts

Beijing has set the yuan at its strongest level against the US dollar since early 2023, with banks projecting further appreciation.

China’s booming tech exports give Beijing ‘wind in its sails’ for Trump summit

The role of tech products in April’s trade data reflects how computing-related goods are a ‘new and important growth driver’ for exports.

Macroscope | Australia’s interest rate rise signals growing hawkish stance in Asia

Reserve Bank of Australia is less an outlier than a harbinger of global monetary trends in the wake of war-induced supply shocks.

Hong Kong ‘block trade king’ exploited bank lapse to make HK$1.7m, court told

Prosecutors allege Simon Sadler and Daniel La Rocca used confidential information about planned block trade to sell more than 1.7 million Esprit shares.

From footwear to AI services: China moves up the value chain in exports

In 2025, China’s export growth in telecoms, computer and information services far outpaced exports of traditional goods, such as footwear.

Global banks bullish on China housing as inventory shrinks, policy support grows

The first 18 days of April saw primary home sale volumes across 30 key cities rise 3 per cent year on year: Bank of America data.

Macroscope | Why fixing Japan’s monetary policy isn’t getting any easier

The wrong kind of inflation and the effects of the war in Iran complicate the outlook for Japanese interest rates.

France suspects link to pro-Iranian group HAYI in foiled Paris bomb plot

The group had posted a video on March 23 targeting Jewish interests and communities in Europe, naming Bank of America’s Paris headquarters.

France studies possible Iran link after bomb attack foiled at Bank of America

A link to Iran is suspected due to similarities to ‘recent attempted attacks in Europe which a pro-Iran group claimed responsibility for’.

French prosecutors open terror probe after Bank of America attack attempt

Paris police and French intelligence agents are investigating after the suspect said he was contacted via Snapchat and paid 600 euros to carry out the bombing.

French police foil Paris bomb attack outside US bank

A suspect was detained and another escaped.

Bank of America to pay US$72.5 million to settle Epstein victim lawsuit

The suit claims the bank’s executives ‘ignored red flags’ about Epstein’s sex-trafficking venture to provide him with financial services.

Markets brace for rate hikes as prolonged Iran war stokes tightening fears

The European Central Bank has become more hawkish, reverting to wording that analysts say often precedes interest-rate increases.

Iran conflict drives fund managers to slash risk and hoard cash: BofA survey

Fund managers pile into cash at fastest pace since Covid-19 as geopolitical tensions, inflation replace AI as top concerns, bank finds.

Macroscope | Normalisation of Trump’s chaos can only go so far

Markets assuming Trump will chicken out and downplaying risks contribute to the normalisation of the US president’s chaotic behaviour.

Geopolitics takes back seat to ‘No 1 investor risk’ for creditors: survey

The survey showed that only 10 per cent of credit investors consider AI-driven corporate obsolescence a big concern.

Why global banks are betting on a double-digit surge in Hong Kong home prices

JPMorgan and Goldman Sachs join Morgan Stanley in lifting their market outlook to double digits, as price gains outpace previous expectations.

Macroscope | US dollar weakness is no game changer for a globalised yuan

Beijing will seize on the crisis to promote the yuan, but without capital account liberalisation – essential for a truly global currency – its rise will remain limited.

Macroscope | Upper arm of China’s K-shaped economy both a blessing and a curse