Finance

US Oil Prices Plunge Below Zero

US oil prices crashed to unprecedented lows on Monday as futures in New York ended in negative territory for the first t... Read more

Electricity Relief Details Announced

Non-residential and residential electricity accounts are benefitting from government relief measures, the Environmenta... Read more

$1.55b Spent To Buy US Dollars

The Monetary Authority has sold $1.55 billion to the market in exchange for US dollars, in the first triggering of the... Read more

US Oil Price Hits 22-year Low

US oil prices dived to 22-year lows at just US$11 on Monday after crashing almost 40 percent in a market flooded with cr... Read more

India Investment Rules Aimed At China, Include HK

New Indian rules to ensure scrutiny of investments from companies based in neighbouring countries, especially during the... Read more

Fitch Downgrades Hong Kong Again

The credit rating agency Fitch has downgraded Hong Kong's rating to AA- from AA, the second downgrade in seven months. ... Read more

Hong Kong Stocks Finish Lower

Hong Kong stocks closed with small losses on Monday following recent gains, with traders shrugging off a strong lead fro... Read more

Hong Kong Stocks End Morning Higher

Hong Kong stocks finished Monday's morning session with small gains following a strong lead from Wall Street, with trade... Read more

Japan's Trade Surplus Dives 99% As Exports Slump

Japan's trade surplus dived 99 percent in March from a year earlier as coronavirus woes hit exports to its major trading... Read more

Australia To Force Google, Facebook To Pay For News

Australia announced on Monday that it will begin forcing Google and Facebook to pay news companies for content, in a lan... Read more

Unemployment Rises To 4.2%

The seasonally adjusted unemployment rate increased to 4.2% in the period between January and March, up from 3.7% for ... Read more

Gov't Rejects Credit Rating

The Government today expressed disappointment about Fitch’s decision to downgrade Hong Kong’s credit rating from A... Read more

Gov't Supports Cinema Operators

The Cinemas Subsidy Scheme under the second round of the Anti-epidemic Fund is open for applications from today to Ap... Read more

LandsD Measures To Aid Enterprises

The Lands Department will provide additional rental or fee concessions for tenants of short-term tenancies (STT) and w... Read more

RTHK Editorial Review Urged

Radio Television Hong Kong (RTHK) must conduct a full review of its editorial oversight for one of its programmes.   ... Read more