capital flight

Prabowo's actions against Indonesian tycoons have led to increased capital flight. The clampdown is linked to economic uncertainty and outflows of funds.

Hong Kong’s retail leasing market faces ongoing pressure with rental rates below pre-pandemic levels. Analysts cite Beijing’s capital flight crackdown and a potential US Federal Reserve rate hike as factors exacerbating sector uncertainty, alongside closures in the food and beverage industry, including fast-food chain Maxim’s MX.

The article discusses how China's economy was considered recession-proof during the 2008 global financial crisis and the 2015 stock market crash and capital flight, as it never recorded a quarter of negative growth. However, the author argues that China did not successfully avoid an economic downturn.

Indonesia's capital flight is limiting the most profitable bank's wealth initiatives. Photographer Muhammad Fadli of Bloomberg captured an image of Hendra Lembong.

Hong Kong is emerging as a leading capital hub despite previous predictions of decline due to geopolitical tensions, pandemic isolation, capital flight concerns, and questions about its future. Recent global wealth management data challenges the narrative of irreversible decline.

Chinese investors are concerned about missing the SpaceX IPO following a regulatory crackdown, while Beijing has issued warnings to brokers regarding overseas share sales to prevent capital flight.

Dubai's reputation as a safe financial hub is being tested as wealthy individuals and capital are reportedly shifting to Singapore and Switzerland amid regional tensions from the Iran conflict. The article questions the resilience of Dubai's appeal as a haven for elite wealth management and asset protection.