'World Bank Could Lend US$50bn More Over Next Decade'
The World Bank's ongoing reform could result in a US$50 billion lending boost over the next decade, US Treasury Secretar... Read more
US Hiring Eases In March As Economy Cools
US job gains eased in March for a second straight month, government data showed on Friday, adding to signs that the econ... Read more
Slump In Memory Chip Sales Hurts Samsung Electronics
Samsung Electronics said on Friday it expected first-quarter operating profits to plunge more than 95 percent on-year to... Read more
US Stocks End Quiet Session Higher
Wall Street stocks finished a quiet session mostly higher on Thursday, concluding a holiday-shortened trading week that ... Read more
Global Growth To Fall Below 3% In 2023: IMF Chief
A continued slowdown in almost all the world's advanced economies is expected to drag global growth below three percent ... Read more
US Stocks Close Mainly Lower On Weak Data
The S&P 500 dipped and the Nasdaq ended sharply lower on Wednesday after a growing wave of weak economic data deepen... Read more
US Stocks End Lower On Fears Of Cooling Economy
Wall Street closed lower on Tuesday after evidence of a cooling economy exacerbated worries that the Federal Reserve's c... Read more
Weak US Labour Market Data Suggests Pause In Hikes
A key gauge of labour market tightness that Federal Reserve Chair Jerome Powell has cited throughout the central bank's ... Read more
HKMA Buys US Dollars To Defend Peg
The Hong Kong Monetary Authority bought HK$7.104 billion (US$905 million) worth of US dollars during New York's Monday t... Read more
US Stocks Mostly Rise As Oil Prices Jump
Wall Street stocks mostly advanced on Monday following weak US manufacturing data that added to concerns about slowing g... Read more
Oil Market Surges On Shock Output Cuts
World oil prices soared on Monday after several top producers led by Saudi Arabia sprang surprise output cuts despite al... Read more
Swiss Prosecutors Probing UBS-Credit Suisse Merger
Swiss federal prosecutors said on Sunday that they had begun investigating the UBS takeover of its embattled banking riv... Read more
US Markets End Higher, As Bank, Inflation Fears Ease
US stocks rallied on Friday, concluding a winning first quarter on a positive note on signs of moderating inflation and ... Read more
HK Retail Sales Jump 31 Percent In February
Hong Kong’s retail sales saw a 31 percent year-on-year jump in February, as the number of visitors to the city rebound... Read more
Hong Kong Stocks Finish Strong Week With Gains
Hong Kong shares rallied again on Friday following another advance on Wall Street fuelled by easing interest rate fears,... Read more