Finance

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