Finance

Taiwan Raises 2021 GDP Outlook

Taiwan's economy will grow at its fastest pace in seven years in 2021, the statistics office said, upgrading its economi... Read more

Wall Street Flat As Investors Switch To Cyclicals

Stocks on Wall Street closed near break-even on Friday as investors sold technology shares that have rallied through the... Read more

Fake Websites, Apps Followed Up

The Office of the Government Chief Information Officer (OGCIO) today said it has referred all suspected fraudulent Lea... Read more

Local Stocks End Week With Modest Gains

Hong Kong stocks finished on a slightly positive note on Friday, reversing a morning plunge, but investors remain on gua... Read more

White House To Keep China Tariffs For Now-Yellen

The United States will keep tariffs imposed on Chinese goods by the former Trump administration in place for now, but wi... Read more

US Stocks Ended Lower On Rise In Jobless Claims

Stocks on Wall Street closed lower on Thursday as investors shifted out of big technology names, while an unexpected ris... Read more

Local Shares Reverse Direction To Snap Bull Run

The Hang Seng Index gave up early gains to end Thursday in negative territory despite a return of southbound trading fro... Read more

Mainland Rallies, HK Extends Gains

Mainland shares rallied out of the blocks on Thursday as traders returned from a week-long holiday to play catch-up with... Read more

US Stocks End Mixed On Inflation Concerns

The Nasdaq closed lower while the S&P 500 was little changed on Wednesday as investors rotated out of technology sha... Read more

Facebook Restricts News Sharing In Australia

Facebook said on Wednesday it would restrict news content sharing in Australia, refusing to bend to a regulatory push th... Read more

CK Asset Grabs Final Kai Tak Residential Site

CK Asset has outbid other major developers to win the last residential plot in the old Kai Tak airport runway area for n... Read more

Hang Seng Index Rebounds To Extend Gains

Local shares recovered from a morning dip on Wednesday to top 31,000, but some markets in the region pulled back from re... Read more

GOME Founder Completes Illegal Trading Sentence

The founder of mainland electrical appliances retailer GOME, Wong Kwong-yu, has been released from jail after completing... Read more

US Stocks Mixed As Markets Eye Stimulus Progress

Wall Street stocks were mixed at the end of a meandering session on Tuesday as investors assess the prospects for more s... Read more

Bitcoin Surges Past US$50,000 For First Time

Bitcoin soared above US$50,000 for the first time on Tuesday as an increasing number of corporate heavyweights back the ... Read more