Finance

Jobless Rate Falls Further To 3.5pc

Hong Kong's unemployment rate has dipped to 3.5 percent, falling for the eighth straight month. Official data releas... Read more

Head Of HK Crypto Exchange Held In Miami

US authorities said Wednesday they had arrested the owner of Hong Kong-based cryptocurrency exchange Bitzlato for allege... Read more

US Stocks Pull Back After Buoyant Start To 2023

Wall Street stocks finished sharply lower on Wednesday, shedding early gains and pulling back after a heady start to the... Read more

Microsoft Says It Will Axe 10,000 Employees

Microsoft on Wednesday said it would lay off 10,000 employees in the coming months as the economic downturn continues to... Read more

US Retail Sales Shrink For Second Straight Month

Retail sales in the United States slumped for a second straight month in December, according to data released on Wednesd... Read more

Marvel Films Return To Mainland Cinemas After Hiatus

Film fans on the mainland celebrated the return of Marvel movies to the country's cinemas on Wednesday, after an absence... Read more

Liu He, US Treasury's Yellen Meet In Zurich

Vice Premier Liu He and US Treasury Secretary Janet Yellen met in Zurich on Wednesday, and pledged to manage their diffe... Read more

Mainland Buyers To Turn Property Prices Around: Agent

A property agent said on Wednesday that there's been a significant "bounce" in sentiment and activity in the hard-hit se... Read more

Fraud Trial Begins Over Elon Musk's 2018 Tesla Tweet

Trial began on Tuesday over whether Elon Musk committed fraud with a 2018 tweet saying he was poised to take Tesla priva... Read more

Dow Dips On Weakness From Goldman Sachs And Travelers

The Dow fell more than 1 percent on Tuesday as weak earnings from Goldman Sachs dragged the index lower, but a jump in T... Read more

China's Economy Slows Sharply In Q4, 2022

The nation's economy slowed sharply in the fourth quarter due to Covid curbs, dragging down 2022 growth to one of its wo... Read more

Tencent Fires More Than 100 For Fraud, Embezzlement

Mainland tech giant Tencent said on Monday it had fired more than a hundred employees for violating company policies, wi... Read more

McCarthy Believes Democrats Will Agree Spending Cap

House of Representatives Speaker Kevin McCarthy said on Sunday he believes Democrats would agree to cap government spend... Read more

Schroders Approved For Wholly-owned Fund In China

Schroders has obtained mainland regulatory approval to set up a wholly-owned mutual fund unit in China, as Beijing accel... Read more

US Stocks Finish Higher As Bank Shares Rebound

Wall Street stocks finished a strong week in positive fashion on Friday, shaking off early weakness and pushing higher a... Read more