Baidu To Finish Testing ChatGPT-style Project
Internet giant Baidu on Tuesday said it would complete internal testing of a ChatGPT-style project called "Ernie Bot" in... Read more
Philippine Inflation Hits New 14-year High
Philippine annual inflation blew past expectations in January to reach a fresh 14-year high on surging food prices, rais... Read more
US Stocks Hit By Fed Worries, International Tensions
Wall Street stocks finished lower on Monday following a downcast session marred by worries over Federal Reserve policy a... Read more
US Markets Roiled By Payroll Figures, Tech Earnings
US equity markets' rally to start the year wilted on Friday after a surprisingly strong jobs report fueled worries about... Read more
US Payroll Data Adds To Inflation Jitters
US job gains surged unexpectedly last month as unemployment slipped to its lowest rate in more than five decades, govern... Read more
China Shouldn't Tighten Macro-economic Policies: IMF
The mainland should avoid a premature tightening of macro-economic policies as its economy is not yet performing at its ... Read more
Nasdaq Leaps 3.3pc In Tech Rally After Meta Results
Large tech shares soared on Thursday as better-than-expected results from Facebook parent Meta Platforms fuelled hopes a... Read more
ECB Hikes Rates Again, Says To 'stay Course'
The European Central Bank raised interest rates again on Thursday and signalled it would "stay the course" in its moneta... Read more
Adani Empire Loses More Than US$100b Over Past Week
Under-fire Indian tycoon Gautam Adani's empire has lost more than US$100 billion in value over the past week as shares i... Read more
Shell More Than Doubles Earnings In 2022 To US$39.9b
Shell delivered a record profit in 2022, it said on Thursday, capping a tumultuous year in which a surge in energy price... Read more
HKMA: No End In Sight To High US Interest Rates
The Hong Kong Monetary Authority (HKMA) on Thursday sounded a note of caution on US interest rates, warning that the cos... Read more
Slower US Rate Hikes Help HK Homeowners: Analyst
A property analyst on Thursday welcomed the news that the US Federal Reserve is slowing the pace of interest rate increa... Read more
S&P 500, Nasdaq End Solidly Higher
The S&P 500 and Nasdaq rallied on Wednesday after the Federal Reserve enacted a smaller interest rate hike, pointing... Read more
US Fed Unveils Smaller Rate Hike
America's Federal Reserve slowed its pace of interest rate hikes on Wednesday, tempering an aggressive campaign to rein ... Read more
US Manufacturing Activity Contracts For Third Month
Activity in the US manufacturing sector shrank for a third straight month in January, hovering at the lowest levels sinc... Read more