Li Ka-shing’s Unfilled Towers Show Deepening Hong Kong Downturn

CK Asset’s office buildings in Central see high vacancies Increasing supply, weak demand put pressure on market No one’s property in Hong Kong epitomizes the pain in the office market better than real estate legend Li Ka-shing’s. CK Asset Holdings Ltd.’s crown jewel...

Oil Advances With OPEC+ Meeting and US Fuel Demand in Focus

OPEC+ expected to prolong cuts at meeting to be held online Brent above $83 a barrel after touching lowest since February Oil rose after dropping last week, with the focus on an OPEC+ supply meeting on Sunday and US demand at the start of the summer driving season....

Options Volatility Is Getting Crushed With Little Relief Ahead

Across stocks, bonds, oil, FX volatility is lowest since 2020 VIX index touched the lowest in five years last week Volatility is getting crushed. Everywhere. One risk event after another, from inflation data to Nvidia Corp. earnings, gets cleared with barely a ripple...