Finance

GM Expected To Lay Off Thousands Of Workers

General Motors is expected to lay off about 4,000 salaried workers under a reorganisation announced late last year, a pe... Read more

US Stocks End Good Week On A Lacklustre Note

Wall Street stocks concluded another strong week with a nearly flat session on Friday, pausing from a heady January foll... Read more

Shutdown Causes Rise In US Unemployment

US job creation saw another blockbuster month in January, blowing past the government shutdown, but that disruption help... Read more

Hong Kong Stocks End Flat, Shanghai Jumps

Hong Kong shares ended slightly lower on Friday after a broadly positive week, despite positive comments from Beijing an... Read more

Hong Kong Gives Up Gains, Mainland Markets Up

Hong Kong stocks gave up its early gains and ended the morning slightly lower on Friday despite positive comments from B... Read more

Trump Says No Trade Deal Unless He Meets With Xi

President Donald Trump said on Thursday he wanted a “very big deal” US trade deal with China, but signaled there cou... Read more

Dow, S&P Post Solid Monthly Gains

Wall Street stocks finished a banner month on a mostly positive note on Thursday, with the Dow notching its best January... Read more

Smartphones Sales Slip In 2018, Outlook Grim

Global smartphone sales saw their worst contraction ever in 2018, and the outlook for 2019 isn't much better, new survey... Read more

European Watchdog Accuses Banks Of Collusion

The EU's powerful anti-trust sheriff on Thursday accused eight banks of having conspired for several years to distort co... Read more

HSI Gains As Asian Markets Rally Over Fed Comments

Hong Kong shares rose on Thursday, tracking regional gains after the Federal Reserve signalled it would slow down its pa... Read more

Mainland To Relax IPO Rules To Woo Start-ups

The mainland will relax rules on IPOs for a planned Nasdaq-style tech board in Shanghai as it seeks to encourage start-u... Read more

Chinese Factories Remain Sluggish In January

The manufacturing activity on the mainland contracted for a second consecutive month in January, official data showed on... Read more

HK, Shanghai Stocks Boosted By Factory Data Bump

Hong Kong stocks rallied in the morning session on Thursday, boosted by a signal from the Federal Reserve that it will s... Read more

Fed, Apple, Boeing Boost US Markets

Wall Street stocks rallied on Wednesday following a dovish Federal Reserve announcement and earnings from Apple and Boei... Read more

US Fed Keeps Rates Unchanged, Pledges Patience

The Federal Reserve left the key US lending rate unchanged on Wednesday, and said it would be "patient" about making any... Read more