Finance

Fed Pledge Helps Wall Street Recoup Early Losses

The benchmark Dow Jones Industrial Average erased a 200-point drop on Wednesday, leading Wall Street to a split finish a... Read more

Qatar Airways Losses Soar As Boycott Hits Hard

Qatar Airways hit turbulence on Wednesday, posting a net loss for the year to March of US$639 – million which the airl... Read more

US Fed Cuts Key Interest Rate Again

The US Federal Reserve cut its benchmark interest rate for the second time this year on Wednesday but the policy committ... Read more

Alibaba's Tsai Adds Brooklyn Nets To His Basket

Alibaba Group co-founder and executive vice-chairman Joe Tsai, a Canadian-Taiwanese billionaire, has been unanimously ap... Read more

Base Rate Lowered To 2.25%

The Monetary Authority has lowered the base rate to 2.25% with immediate effect.   The decrease followed the 25-basis... Read more

I&T Chief Visits San Francisco

Secretary for Innovation & Technology Nicholas Yang visited San Francisco to promote the opportunities brought by ... Read more

HK Fundamentals Remain Intact

Hong Kong's fundamentals as a free, open and dynamic city with a stable and robust financial system remain intact desp... Read more

HSI Ends In Red, Asian Markets Mixed

Hong Kong stocks finished on Wednesday with losses, extending a sell-off to a third day as traders fret over the impact ... Read more

HSI Flat, Asian Investors Look To Key Fed Meeting

Hong Kong shares ended the morning barely moved on Wednesday as traders await a key Federal Reserve policy decision, wit... Read more

US Stocks Close Higher Ahead Of Fed

Wall Street moved into positive territory late on Tuesday after a largely flat trading day, with markets awaiting an int... Read more

Edward Yau Begins US Visit

Secretary for Commerce & Economic Development Edward Yau began his duty visit to the United States in San Francisc... Read more

HK Unemployment Rate Remains Unchanged

Hong Kong's jobless rate has remained steady. The unemployment rate in the three months ending August stood at 2.9 perce... Read more

Hong Kong Shares Suffer Fresh Losses

Hong Kong shares extended losses on Tuesday on growing geopolitical fears after the weekend attack on Saudi oil faciliti... Read more

US Stocks Slightly Lower On Large Oil Price Rise

Airlines, cruise lines and other companies in fuel-dependent industries dragged US stocks lower on Monday after an attac... Read more

Brent Crude Sees Largest One-day Jump

Prices for North Sea Brent crude oil on Monday took their biggest one-day jump ever as markets reacted to a devastating ... Read more