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Brace for more mortgage pain as HSBC, Hong Kong peers seen lifting prime rates with the Fed odds-on to tighten policy again

Hong Kong's biggest commercial banks are expected to raise borrowing costs next week to ease their funding pressure, analysts said, with the Federal Reserve odds-on to resume its policy tightening path after a pause in June. That would deliver a blow to consumers servicing HK$1.83 trillion (US$232 billion) of outstanding home mortgages, as well as delay a recovery in the city's real estate market and economy. The upshot is that it could help stem capital flight to higher-yielding US dollar asset

Commodity prices to rise if transition to green energy is shortened -CIO

Commodity prices to rise if transition to green energy is shortened -CIO | Hellenic Shipping News Worldwide

The transition to green energy will take longer than expected but commodity prices will rise even further if this time frame is forcefully shortened, Conning Asia Pacific’s chief investment officer said on Tuesday. The next leg-up for commodity prices will be triggered by supply constraints, a lack of investment and higher regulatory costs, CIO Desmond .

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