Business Wrap: Is China vs US Cold War II?
Markets are nervous as China vs US 'Cold War II' rhetoric grows over Beijing's tighter controls on Hong Kong. Meanwhile in New Zealand, H&J Smith pulls back to its Invercargill flagship store
Steady: Hong Kong’s Hang Seng Index managed to steady itself overnight after Friday’s steep sell-off, finishing flat at 22,954. The index suffered its biggest one day fall in alm