Finance

Co-operation Needed For Innovation

Secretary for Innovation & Technology Alfred Sit today said that different sectors have to co-operate to further b... Read more

March Inflation Up 2.3%

Overall consumer prices rose 2.3% year-on-year in March, compared to the 1.8% average rate of increase in January and ... Read more

HSI Gains, Asian Markets Mixed As Oil Slides Again

Hong Kong stocks ended Wednesday on a positive note, but investors continue to be wracked by uncertainty over the corona... Read more

HKMA Steps In Again To Defend US Dollar Peg

The Hong Kong Monetary Authority (HKMA) stepped in to sell the local dollar for a second successive day to defend its pe... Read more

HSI Falls As Oil Prices Continue Wild Fluctuation

Hong Kong shares finished Wednesday morning in negative territory, tracking losses across the world linked to a rout in ... Read more

Pandemic Lockdowns Swell Netflix's Subscriber Base

Netflix on Tuesday reported soaring profits as paid subscriptions surged by almost 16 million at the streaming televisio... Read more

US Stocks End Sharply Down For 2nd Straight Day

Wall Street stocks tumbled for a second straight session on Tuesday as worries about chaos in the oil market overshadowe... Read more

Officials Issue Departure Statements

The four departing principal officials issued statements today.   Secretary for the Civil Service Joshua Law said h... Read more

Caspar Tsui Meets Trade Union Reps

Secretary for Home Affairs Caspar Tsui today met representatives from trade unions affiliated to the Hong Kong Federat... Read more

HSI Sheds 2.2 Percent As Asian Markets Slide

Hong Kong stocks tumbled on Tuesday, in line with an Asia-wide sell-off following a rout on oil markets while investors ... Read more

Key US Oil Benchmark Back In Positive Territory

US oil prices rebounded above zero on Tuesday, a day after futures ended in negative territory for the first time as a c... Read more

Hong Kong Shares Slide, Oil Prices Edge Back

Hong Kong shares sank more than 2 percent in the morning session on Tuesday in line with a sell-off across Asian markets... Read more

Virgin Australia Collapses, Plans To Restructure

Cash-strapped airline Virgin Australia announced it had gone into voluntary administration on Tuesday, making it the lar... Read more

Scandinavian Airlines To End Hong Kong Route

Scandinavian Airlines (SAS) has said it will end its operations to Hong Kong, though the airline said it would continue ... Read more

US Stocks Slump On Negative Oil Close

The aftershocks of an unprecedented slump in oil prices into negative territory were felt across Wall Street on Monday, ... Read more