CLP's Profit Falls 89 Percent To HK$924m
CLP Holdings' annual profit has shrunk by more than 89 percent to HK$924 million, with the company pointing to operation... Read more
Renaissance's Bao 'cooperating With Authorities'
Shares of China Renaissance Holdings rose as much as 3.2 percent in early trade on Monday after the mainland boutique ba... Read more
'HK Family Office Push Should Target Mainland Wealth'
The director of a University of Science and Technology centre for family wealth believes the government should target th... Read more
HK To Allow Pre-profit Tech Firms To List: Minister
Financial services minister Christopher Hui said on Sunday that high-tech firms would soon be allowed to list in Hong Ko... Read more
Thailand Expects Strong GDP Growth As Tourists Return
Thailand's economy is expected to grow 3.8 percent this year, helped by a rebound in the vital tourism sector, while inf... Read more
Wall Street Slumps To End Worst Week In Months
Wall Street's main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced fo... Read more
US Inflation Indicator Jumps More Than Expected
A key indicator of US inflation rose in January as new home sales jumped more than expected, said government data releas... Read more
Home Prices Bounce Back From 5.5-year Low
Home prices in Hong Kong have rebounded slightly from the lowest reading recorded in more than five and a half years, ac... Read more
US Stocks End Higher After Choppy Session
The S&P 500 snapped a four-day losing streak on Thursday, finishing higher along with other major indices following ... Read more
Former Mastercard CEO Nominated For World Bank
US President Joe Biden said on Thursday that Washington is nominating former Mastercard chief executive Ajay Banga to le... Read more
HKEX Profits Slide But Bourse Sees Positive Signs
Stock exchange operator Hong Kong Exchanges and Clearing (HKEX) has seen its profits fall for the first time in six year... Read more
US Stocks End Mostly Down After Latest Fed Minutes
The S&P 500 extended its losing streak to four sessions as Wall Street ended broadly lower on Wednesday, with invest... Read more
Citi Chief Gets Pay Hike, Still Lags Male Rivals
Citigroup increased Chief Executive Officer Jane Fraser's compensation by nearly 9 percent to US$24.5 million for 2022, ... Read more
US Stocks Tumble On Rate Worries
Wall Street stocks finished decisively lower on Tuesday as angst over more Federal Reserve interest rate hikes in the pi... Read more
HSBC Pre-tax Profits Down 7 Percent In 2022
Banking giant HSBC on Tuesday announced a dip in 2022 pre-tax profits, calling the ongoing impact of Covid-19 the main f... Read more