Finance

Trump Announces Aid For Farmers

President Donald Trump on Friday announced a US$19 billion financial rescue package to help the agriculture industry wea... Read more

Wall Street Ends Week On High Note

Wall Street stocks finished sharply higher on Friday, closing out a second week of gains as US officials moved forward w... Read more

Support Schemes Applications Open

The Government today announced that applications are open for several support schemes following the funding approval o... Read more

HSI Finishes The Week Strongly, Shanghai Up

Hong Kong stocks finished higher on Friday after official data on the mainland showed the coronavirus pandemic had not h... Read more

Cathay Shuts Cabin Crew Bases In US, Ground Pilots

Hong Kong's Cathay Pacific Airways will lay off 286 cabin crew based in the United States and furlough 201 pilots based ... Read more

Hong Kong Stocks Higher On China GDP Data

Hong Kong stocks were higher on Friday after official data in China showed the coronavirus pandemic had not hit economic... Read more

Chinese Economy Shrinks 6.8 Percent In First Quarter

China's economy shrank for the first time in almost three decades of records in the first quarter, as the coronavirus pa... Read more

Chinese Economic Rebound Expected To Be Smoother

An economist says China's rebound from the coronavirus pandemic will be much smoother than other parts of the world, giv... Read more

US Stock Markets Edge Higher Despite Job Losses

US equity markets finished higher on Thursday despite another round of bleak economic data as President Donald Trump vow... Read more

US Housing Starts Slump, Joblessness Soars

Job losses from the coronavirus pandemic in the United States reached 22 million on Thursday, government data said, as P... Read more

5 Mask Production Lines Approved

The Commerce & Economic Development Bureau today announced that it has approved five more production lines under t... Read more

Banks To Ease Cashflow Pressure

The banking sector today launched a scheme to alleviate the cashflow pressure faced by corporate customers in light of... Read more

Mask Makers Urged To Be Cautious

Secretary for Commerce & Economic Development Edward Yau today called on companies that have joined the Local Mask... Read more

Opec Warns Of "abrupt, Extreme" Shock To Oil Sector

The Opec oil cartel said on Thursday that the world market for crude is undergoing an unprecedented jolt due to coronavi... Read more

HSI Drops As Impact Of Virus Weighs Down Asia

Hong Kong stocks finished down on Thursday after a negative cue from Wall Street and with investors worried about the on... Read more