Finance

HK Equities Turn Negative As Virus Reality Bites

Hong Kong and other Asian markets dropped on Thursday as the economic reality of the coronavirus crisis became even star... Read more

HKEX Chief Charles Li To Step Down

Charles Li is to step down as chief executive of Hong Kong Stock Exchanges and Clearing (HKEX) after more than 10 years.... Read more

China Exports Up 3.5% In Surprise Rebound

China's exports unexpectedly rose in April for the first time this year, taking some pressure off manufacturers in the w... Read more

Hong Kong Stocks Rise Despite China-US Tensions

Hong Kong stocks rose more than 1 percent Wednesday as an easing of virus lockdowns and signs the disease is easing trum... Read more

Hong Kong Stocks Gain, Shanghai Claws Back

Hong Kong stocks went into the break with more gains on Wednesday on continued hopes that the worst of the pandemic has ... Read more

Wall Street Closes Up On Reopening Hopes

Wall Street's main indexes gained on Tuesday as health stocks rallied, oil prices surged and a number of countries and U... Read more

EU Says Its Law Trumps German Court Ruling

The EU insisted European law trumps that of member states on Tuesday, after a ruling by Germany's top court called into ... Read more

Virgin Atlantic To Cut More Than 3,000 Jobs

Virgin Atlantic will cut more than 3,000 jobs – around a third of staff – as the coronavirus pandemic grounds planes... Read more

HK Shares End Firmer As Covid Restrictions Eased

Hong Kong shares closed higher on Tuesday after the government announced it is scaling back social distancing measures p... Read more

Hong Kong Stocks Up As Asian Markets Claw Back

Hong Kong shares finished Tuesday morning slightly higher as an easing of lockdown measures in various countries and sig... Read more

General Electric To Cut 10,000 Aviation Jobs

General Electric announced on Monday it would cut an additional 10,000 jobs from its aviation sector as the coronavirus ... Read more

US Treasury To Borrow Record US$2.999 Trillion In Q2

The United States Treasury said on Monday it will to borrow a record US$2.999 trillion in the April-June period largely ... Read more

US Stocks End Higher, Shrugging Off Early Weakness

Wall Street stocks finished higher on Monday, shrugging off early weakness and a big drop in airline shares as Florida j... Read more

HSI Loses Over 1,000 Points After Trump Tirade

Hong Kong shares finished with big losses on Monday on fears of a renewed China-US trade war after Donald Trump hit out ... Read more

US In Push To Cut Reliance On Chinese Supply Chains

The Trump administration is "turbocharging" an initiative to remove global industrial supply chains from China as it wei... Read more