Finance

Hong Kong's GDP Shrinks 3.5pc In 2022

The Hong Kong economy shrank by 3.5 percent last year, according to advance estimates by the government. That's worse... Read more

Korean Exports Plunge, Raising Recession Prospects

South Korea's economy inched toward its first recession in three years as data on Wednesday showed its January trade def... Read more

US Stocks Rise On Strong Earnings Ahead Of Fed

Wall Street stocks advanced on Tuesday, embracing a trove of mostly good earnings news and shrugging off a downcast cons... Read more

Mainland Economic Activity Swings Back To Growth

The nation's economic activity swung back to growth in January, official data showed on Tuesday, supported by the easing... Read more

IMF Boosts Growth Forecast On China Reopening

The International Monetary Fund on Tuesday raised its 2023 global growth outlook slightly due to "surprisingly resilient... Read more

Boeing To Deliver Last Ever 747 Jumbo

Boeing is set to officially bid farewell to the original jumbo jet, the 747, as it makes its final commercial delivery o... Read more

US Stocks See Sell-off Ahead Of Fed And Earnings

Major US stock indexes sank on Monday, weighed down by declines in technology and other megacap shares, as investors loo... Read more

Exchange Fund Posts Record Investment Loss

The Exchange Fund has posted a record investment loss of HK$202.4 billion in 2022, and the Hong Kong Monetary Authority ... Read more

Baidu To Launch ChatGPT-style Bot: Report

Internet search major Baidu is planning to launch an artificial intelligence chatbot service similar to OpenAI's ChatGPT... Read more

McCarthy, Biden To Discuss Raising US Debt Ceiling

US House of Representatives Speaker Kevin McCarthy on Sunday said he would meet President Joe Biden on Wednesday to disc... Read more

Italy's Eni Signs US$8 Bn Gas Deal In Libya

Italian energy giant Eni signed a US$8 billion gas deal with Libya's state-run National Oil Corporation on Saturday as P... Read more

British Airline Flybe Ceases Trading Again

British airline Flybe entered administration for the second time and has cancelled all scheduled flights to and from the... Read more

Twitter To Allow Suspension Appeals

Twitter users will be able to appeal account suspensions and be evaluated under the social media platform's new criteria... Read more

US Markets Close Slightly Higher

Wall Street adds more to its big January after strong week A strong week for Wall Street closed out with modest ga... Read more

US To Appeal After Panel Criticises Steel Tariffs

Washington has appealed four World Trade Organization panel rulings that faulted it for the punitive tariffs former pres... Read more