Finance

Crown Settles Australian Money Laundering Case

Crown Resorts has agreed to a A$450 million (US$294 million) penalty after it failed to prevent money laundering and cri... Read more

Race Against Time For US Debt Crisis Bill In Congress

Republican and Democratic leaders scrambled on Monday to secure congressional support for a bill aimed at avoiding a cat... Read more

Trade Weakens Further In April

Hong Kong's trade fell again in April, year-on-year, and at a faster pace than the month before. The total value of e... Read more

Temasek Cuts Staff Remuneration Over FTX Debacle

Singapore state investment fund Temasek said on Monday it had slashed compensation for the team and senior management re... Read more

'Little Mermaid' Debut Makes Box Office Waves

Disney's live-action version of "The Little Mermaid" netted the top spot at North American box offices on its opening we... Read more

Home Prices Rise For Fourth Straight Month

Property prices rose for the fourth consecutive month in April reaching a seven-month high, government data showed on Mo... Read more

Biden And McCarthy 'agree Debt Ceiling Deal'

US President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federa... Read more

Biden 'hopeful' Of Imminent US Debt Deal

President Joe Biden said on Friday that Democratic and Republican negotiators were on the verge of resolving a debt ceil... Read more

Hopes Of US Debt Breakthrough Lift World Markets

Global stock markets rose on Friday on hopes of progress in negotiations to avert a calamitous US debt default and a con... Read more

IMF Issues More Upbeat US Growth Forecast

The International Monetary Fund slightly raised its forecast for 2023 US economic growth on Friday while noting that a s... Read more

US Rate Jitters Rise After Latest Economic Data

The US inflation measure most closely watched by the Federal Reserve accelerated in April, official figures showed on Fr... Read more

Nvidia's AI Chip Boost Lifts Nasdaq, S&P Higher

Wall Street ended sharply higher on Thursday after a blowout forecast from Nvidia sent the chipmaker's stock soaring and... Read more

Hang Seng Index Tumbles Below 19,000 Mark

Hong Kong stocks ended sharply lower on Thursday as US lawmakers struggled to hammer out a deal to avert a painful US de... Read more

US Warned Debt Standoff Could Hit Credit Rating

Ratings agency Fitch put the United States on notice Wednesday that its perfect credit rating could be jeopardised if th... Read more

HK Stocks Open Sharply Lower Amid US Debt Talk Fears

Hong Kong stocks opened sharply lower on Thursday, with US lawmakers still at loggerheads over lifting the country's deb... Read more