Finance

Raab Appears To Criticise HSBC Over Security Law

Britain's Foreign Secretary Dominic Raab voiced a thinly veiled criticism of HSBC on Monday after the bank backed China'... Read more

HK Ranked 5th In Competitiveness

Hong Kong was ranked the fifth most competitive economy by the International Institute for Management Development in i... Read more

Allowance For Workers Extended

The Government today announced that the monthly $1,000 allowance under the Anti-epidemic Fund for outsourced cleaning ... Read more

HSI Sheds 2% As New Outbreak Fears Maul Asian Stocks

Hong Kong stocks tumbled more than 2 percent on Monday as a spike in new virus infections in several countries including... Read more

Mainland Industrial Output In May Remains Sluggish

The industrial output on the mainland expanded 4.4% in May from a year earlier but the gain was less than expected, offi... Read more

HSI Slides Over New Coronavirus Cases In Beijing

Hong Kong stocks started on Monday on the back foot as investors fret over signs of a fresh wave of virus infections on ... Read more

81 Applications For 5G Subsidy

The Subsidy Scheme for Encouraging Early Deployment of 5G has received 81 applications since its launch, of which thre... Read more

TV Scheme Helps 10k Households

The Community Care Fund Digital Television Assistance Programme has received more than 11,500 applications since its l... Read more

US Stocks End Volatile Session Higher

Wall Street stocks finished higher on Friday following a topsy-turvy session as investors weighed rising coronavirus cas... Read more

HK Can Cope With Sanctions: FS

The Government has a contingency plan in place to cope with possible US sanctions on US dollar clearing in Hong Kong.... Read more

Gov't Stake In Cathay Not Long-term

The Government's Cathay Pacific Airways rescue package includes a built-in mechanism for the company to repay the loan... Read more

Hong Kong Stocks End The Week In Red

Hong Kong stocks finished lower on Friday, in line with an Asia-wide retreat following a rout on Wall Street fuelled by ... Read more

Virus-hit UK Economy Shrinks 20% In April

Britain's economy shrank by more than a fifth in April from March, official data showed on Friday, as the first full mon... Read more

HSI Slides As Wall Street Plunge Hits Asian Markets

Hong Kong stocks suffered deep losses on Friday, in line with a worldwide sell-off as traders worry an extended rally fu... Read more

US Stocks Plunge On Revived Coronavirus Fears

Wall Street stocks plunged on Thursday as revived worries about the coronavirus and about excessive equity prices produc... Read more