Finance

Google To Pay US$391 Million For Tracking Users

Alphabet's Google will pay US$391.5 million to settle allegations by 40 states that the search and advertising giant ill... Read more

Alibaba Keeps Singles Day Sales Tally Under Wraps

E-commerce giant Alibaba has not released full sales figures for its annual Singles Day event for the first time ever, a... Read more

HK Stocks Open Sharply Higher, Lifted By New Measures

Hong Kong stocks surged more than three percent at the open on Monday after the central government unveiled measures aim... Read more

Millions Missing As FTX Mystery Deepens

Crypto exchange FTX was engulfed in further chaos on Saturday when the company said it had detected unauthorised transac... Read more

US Stocks Extend Rebound On Inflation Optimism

US stocks closed higher on Friday, after soaring a day before on hopes that easing inflation could pave the way for slow... Read more

Cryptocurrency Platform FTX Goes Bankrupt In US

Crisis-struck cryptocurrency platform FTX has gone bankrupt in the United States and its chief executive Sam Bankman-Fri... Read more

Govt Cuts Full-year GDP Forecast To -3.2 Percent

The government on Friday downgraded its GDP growth forecast for the year, predicting the local economy to shrink by 3.2 ... Read more

Local Stocks Surge Nearly 8 Percent

Hong Kong stocks surged on Friday as investors took heart from the double whammy of lower United States inflation data a... Read more

Musk Admits Twitter May Go Bust As Execs Quit

Twitter's new owner Elon Musk on Thursday raised the possibility of the social media platform going bankrupt, capping a ... Read more

Wall Street Sees Biggest Surge In Two Years

The S&P 500 and Nasdaq jumped on Thursday, racking up their biggest daily percentage gains in over two and a half ye... Read more

US CPI Eases To 7.7pc For October

US consumer prices cooled in October but remained at decades-high levels, according to government data released on Thurs... Read more

Hong Kong Stocks Open Lower

Hong Kong stocks fell sharply at the open on Thursday after US and European markets ended in a sea of red due to inconcl... Read more

Wall Street Ends Lower As Election Results Unclear

Wall Street ended sharply lower on Wednesday as Republican gains in midterm elections appeared more modest than some exp... Read more

Facebook Owner Meta To Lay Off 11,000 Staff

Facebook owner Meta will lay off more than 11,000 of its staff in "the most difficult changes we've made in Meta's histo... Read more

Ronald Lam To Become Next Cathay Pacific CEO

Ronald Lam, Cathay Pacific's chief customer and commercial officer, will take over as chief executive of the airline on ... Read more