Spending Plan Won't Spark Inflation: Yellen
US Treasury Secretary Janet Yellen on Sunday tamped down concerns that President Joe Biden's plans for infrastructure, j... Read more
Tax Returns Issued
The Inland Revenue Department today sent out about 2.62 million tax returns for individuals. Taxpayers should file ... Read more
Economy Grows 7.8% In Q1
Hong Kong’s economy in the first quarter of 2021 expanded 7.8% over a year earlier, ending the streak of contraction... Read more
Warren Buffett's Firm Reports US$12B Profit
Warren Buffett's company reported a nearly US$12 billion profit in the first quarter a year after a major loss when the ... Read more
US Stocks Close Lower As Tech Shares Give Up Gains
Wall Street ended lower on Friday, with Apple, Alphabet and other tech-related companies weighing on the S&P 500 and... Read more
US Says China Fallen Short On Intellectual Property
China has fallen short on its commitments to protect American intellectual property in the 'Phase 1' US-China trade deal... Read more
Eurozone Economy Back In Recession
The eurozone economy fell into a second recession in less than a year in the first quarter, data showed on Friday, as sl... Read more
Local Shares Plunge As Mainland Data, Tech Weigh
Hong Kong led losses in the region on Friday, after the mainland's factory activity figures came in worse than expected,... Read more
HK Stocks Slip After Rally
Hong Kong stocks slipped in the first few minutes of trade on Friday morning as investors struggled to maintain the prev... Read more
S&P 500 Ends At Record After Volatile Session
The S&P 500 finished at a fresh record on Thursday as investors weighed strong earnings and good economic data again... Read more
US Recovery Accelerates As Growth, Hiring Rebound
The US recovery from the destruction inflicted by Covid-19 is accelerating amid widespread vaccinations and massive gove... Read more
Mortgage Loans Up 39%
Residential mortgage loans approved in March increased 39% compared with February to $53 billion, the Monetary Authori... Read more
FS Reaffirms HK's Position
Financial Secretary Paul Chan today briefed UK business leaders at the online Corporate Members Briefing at Asia House... Read more
HSI Boosted By Fed, White House
Shares in Hong Kong posted healthy gains for a second day on Thursday, as the broader region mostly advanced after US Pr... Read more
Hong Kong Stocks Rally On Upbeat Fed Outlook
Hong Kong stocks rallied out of the blocks Thursday morning following the Federal Reserve's upbeat outlook on the US eco... Read more