Finance

Ant Group Gets Green Light For $1.5b Fundraising Plan

Mainland authorities have given approval to Jack Ma's Ant Group to raise 10.5 billion yuan for its consumer finance arm.... Read more

PwC Forecasts Govt Deficit Of HK$109bn

Accountancy firm PricewaterhouseCoopers (PwC) says it expects the SAR government to record a budget deficit of HK$109 bi... Read more

China, Ecuador Set To Sign Free Trade Agreement

China and Ecuador will sign a free trade agreement after almost a year of negotiations, Ecuador's president has said, wi... Read more

US Stocks Edge Lower In First Trading Day Of 2023

US stocks gave up an early gain and ended lower on Tuesday, a lacklustre first trading day of 2023 for Wall Street just ... Read more

Mainland Securities Firms' Financing To Be Checked

The mainland's securities regulator said on Tuesday it would check the necessity for, and rationality of, securities fir... Read more

Hong Kong Stocks Kick Off With Losses

Hong Kong stocks opened on a negative note on Tuesday morning, continuing the downtrend from last year, which was domina... Read more

Tesla's Production Figures Miss Expectations

Tesla on Monday reported record production and deliveries for fourth-quarter electric vehicle deliveries but fell short ... Read more

2023 Even Tougher Than 2022, IMF Chief Warns

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United Sta... Read more

US Stocks Sink In Worst Yearly Performance Since 2008

Wall Street stocks marked a gloomy end to 2022 on Friday, slumping to close lower in their worst annual showing in years... Read more

US Stocks Close Higher After Grim Week

Wall Street stocks bounced on Thursday, as markets attempted a last minute rally after gloomy trading sessions this week... Read more

US Stocks Tumble Again As Sentiment Stays Gloomy

Wall Street's main indexes fell overnight, giving up modest initial gains on growing concern about a recession in 2023 a... Read more

ExxonMobil Seeks To Block EU Windfall Tax

US energy giant ExxonMobil filed suit on Wednesday against the European Union, seeking to block its temporary tax on oil... Read more

China Approves 45 Imported Video Games In December

China's online game regulator granted publishing licences to 45 foreign video games for release in the country on Wednes... Read more

Home Prices Slide To 5.5-year Low

Home prices retreated for a sixth consecutive month to their lowest since July 2017, officials figures published on Wedn... Read more

Hong Kong Shares Open Higher

Hong Kong stocks jumped one percent at the open on Wednesday after the mainland said it would end quarantine for oversea... Read more