Finance

HSBC And Other UK Banks Cut Dividends

HSBC shares dropped in early Hong Kong trading after it scrapped dividend payments and warned of losses in the first qua... Read more

Dow Jones Suffers Biggest Quarterly Loss Since 1987

The Dow Jones finished sharply lower on Tuesday as it suffered its worst quarterly loss since 1987 amid a broader market... Read more

Tech Voucher Scheme Enhanced

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Support Measures Coverage Expands

Support measures of the Anti-epidemic Fund will be extended to the construction industry, the Development Bureau annou... Read more

February Retail Sales Plunge A Record 44 Percent

Retail sales in Hong Kong plummeted by 44 percent in February from a year earlier, making it the largest ever slump on r... Read more

Hong Kong Stocks Close On A High

Hong Kong stocks closed on a positive note on Tuesday, in line with a broad Asia advance and following a rally on Wall S... Read more

Hong Kong Home Prices Tumble 2.1 Percent

Hong Kong home prices have fallen for a third consecutive month, with the drop most notable for small and medium-sized f... Read more

World Bank Warns China Growth Could Grind To A Halt

The coronavirus pandemic's economic fallout could cause China's growth to come to a standstill while driving 11 million ... Read more

China's Factory Activity Rebounds As Work Resumes

Factory activity in China rebounded in March from a record low, according to official data released on Tuesday, returnin... Read more

Hong Kong Stocks Rally On US Surge, China Data

Hong Kong shares ended Tuesday morning with strong gains following a surge on Wall Street, while traders welcomed data s... Read more

Dow Ends Up 3.2% As US Stocks Finish Solidly Higher

Wall Street stocks gained more than three percent on Monday as markets weighed a dire near-term economic outlook against... Read more

Feb Retail Sales Fall 44%

The value of total retail sales in February, provisionally estimated at $22.7 billion, fell 44% compared with the same... Read more

Mortgage Loans Down 5%

Residential mortgage loans approved in February decreased 5% compared with January to $23.7 billion, the Monetary Auth... Read more

Retail Subsidy Applications Explained

The Government will verify the details of businesses applying for the Retail Sector Subsidy Scheme under the Anti-epid... Read more

HK-ASEAN Pact To Take Effect

The commitments relating to Hong Kong and the Philippines, an Association of Southeast Asian Nations (ASEAN) member st... Read more