Finance

Elon Musk Takes Control Of Twitter, Fires Executives

Elon Musk took control of Twitter and fired its top executives late on Thursday in a deal that puts one of the leading p... Read more

Apple Reports Rising Revenues But IPhone Sales Miss

Apple reported solid profits on rising revenues on Thursday, but the tech giant's iPhone sales missed estimates while it... Read more

US Stocks Close Mixed On Earnings Reports

Wall Street stocks were mixed Thursday as markets took in a range of company earnings, with the Nasdaq slumping on weak ... Read more

ECB Announces Large Rate Hike To Fight Inflation

The European Central Bank on Thursday rolled out another bumper rate hike to combat soaring inflation, despite growing c... Read more

Home Prices Slip Again To Lowest In Almost 4 Years

Government data released on Thursday showed that home prices in Hong Kong reached their lowest level in almost four year... Read more

Mainland Industrial Profits Down 2.3 Pc

Profits at China's industrial firms fell at a faster clip in the January-September period amid Covid-19 and property woe... Read more

US Stocks End Mixed But Nasdaq Takes A Hit

The tech-rich Nasdaq suffered a drubbing on Wednesday following disappointing results from Microsoft and Google parent A... Read more

Euro Trades Back Above Parity With Dollar

The euro on Wednesday jumped back above parity with the dollar, the US currency sliding against its main rivals on conce... Read more

US Stocks Rise Again On Softening Economic Data

US stocks closed sharply higher on Tuesday as soft economic data hinted that the Fed's aggressive policy is taking effec... Read more

HSBC Names New CFO As Q3 Profits Fall

HSBC on Tuesday named Georges Elhedery, a former head of its investment bank, as its new chief financial officer in a su... Read more

US Stocks Rise Ahead Of Tech Earnings Deluge

US stocks advanced on Monday, extending last week's gains as signs of economic softness suggested the effects of the Fed... Read more

Eurozone Economic Downturn Deepens

Economic activity in the eurozone plummeted further in October and Germany, the EU's top economy, looks headed for a rec... Read more

Local Stocks Lose More Than 1,000 Points

Hong Kong stocks took a battering on Monday, plunging more than 6 percent on fresh concerns about the mainland economy. ... Read more

Mainland Economy Grows By 3.9 Percent In Q3

The mainland's economy grew 3.9 percent year-on-year in the third quarter, according to official data released on Monday... Read more

IMF Warns Europe Could Face Greater Economic Pain

Downturns in parts of Europe could turn into "deeper recessions" across the continent as energy disruptions threaten eco... Read more