Finance

Fed: Pandemic Is Hitting The Poorest The Hardest

Poor Americans are bearing the brunt of the US coronavirus downturn and may also take longer to recover, Federal Reserve... Read more

Late Recovery Sees Wall Street Slide Stabilise

The Nasdaq closed lower on Friday though well above its session low as selling eased late in the day after investors dum... Read more

HSI Closes Week With Fall, Asian Markets Slump

Hong Kong shares ended more than 1 percent lower on Friday as global markets went into reverse, with investors fretting ... Read more

HK Joins Asian Retreat After Wall Street Losses

Hong Kong stocks tumbled in Friday's morning session, in line with a sharp sell-off across Asia following hefty losses o... Read more

US Stocks Suffer Sharp Declines On Profit Taking

Wall Street stocks suffered steep declines on Thursday, giving back some of the gains from a torrid August as investors ... Read more

FS Visits Testing Centre

Financial Secretary Paul Chan visited the community testing centre at the Hong Kong Science Park today to inspect the ... Read more

Hong Kong, Mainland Markets Dip Over China-US Rift

Hong Kong shares finished lower on Thursday as a weak US jobs report and geopolitical tensions overshadowed coronavirus ... Read more

Ailing Goldin Stops Trading 'over Refunding Plan'

Trading in the shares of Goldin Financial on the Hong Kong Stock Exchange was halted before trading began on Thursday, a... Read more

Hong Kong Market Ends First Session In The Red

Hong Kong stocks went into the break with losses on Thursday, reversing earlier gains, following a disappointing US priv... Read more

Wall Street Rises As Investors Pick Defensive Stocks

The S&P 500 closed higher on Wednesday for the ninth time in the past 10 sessions, with defensive and value stocks t... Read more

HSI Slips As Markets Await Key US Job Data

Hng Kong shares slipped on Wednesday with most other Asian markets as investors awaited the release of key US jobs data ... Read more

Australia Enters Recession After Three Decades

Australia has entered its first recession since 1991 after the economy shrank 7 percent in the second quarter, official... Read more

Hong Kong Stocks Down As Early Flourish Wanes

Hong Kong stocks finished Wednesday morning's trade slightly lower as traders struggled to track another record finish o... Read more

Nasdaq, S&P 500 End At Fresh Records, Dow Also Gains

Wall Street stocks finished at fresh records on Tuesday, continuing the positive momentum for equities as data showed im... Read more

US Extends Some China Tariff Exclusions

The US Trade Representative's office said on Tuesday it has extended China tariff exclusions for a wide range of goods, ... Read more