Finance

Japan Intervenes Again In Forex Market: Sources

Japan intervened in the foreign exchange market on Friday to buy yen for the second time in a month after the currency h... Read more

US Stocks Rally As Bond Yields Retreat

Wall Street stocks concluded a volatile week on a buoyant note on Friday, rallying as US Treasury bond yields retreated ... Read more

UK Reports Further Bleak Economic Data

UK government borrowing surged and retail sales slumped in September, official data showed on Friday, dealing a further ... Read more

Inflation Up Sharply, But Officials Cite Rent Waiver

Official figures released on Friday showed that annual inflation in Hong Kong hit 4.4 percent in September, more than do... Read more

Property Stocks Up After Share Financing Rules Eased

China's property shares jumped on Friday after state media said authorities will ease share financing rules for certain ... Read more

US Stocks Fall Again On Interest Rate Angst

Wall Street stocks dipped on Thursday following the latest rise in US Treasury yield as weak housing data pointed to the... Read more

Pound, London Stocks Climb After Truss Resignation

The London stock market and the pound bounced on Thursday after British Prime Minister Liz Truss announced her resignati... Read more

Pay Rises In HK Lag Behind Guangdong, Study Shows

A major survey of pay trends in the Greater Bay Area has found that Hong Kong workers typically received lower increases... Read more

Yen Falls To Decades Low Of 150 To Greenback

The yen tumbled past the key psychological level of 150 to the US dollar on Thursday for the first time since 1990, defy... Read more

China's Lending Benchmarks Unchanged For 2nd Month

China kept its benchmark lending rates unchanged for a second straight month on Thursday, in line with expectations, as ... Read more

US Stocks Fall As Treasury Bond Yields Rise

Wall Street stocks retreated on Wednesday, snapping a two-day rally as the latest jump in treasury yields exacerbated re... Read more

Beige Book Leans Towards Economic Pessimism

US economic activity expanded modestly in recent weeks, although activity was flat in some regions and declined in a cou... Read more

Co-boss Of S Korea's Top Messenger App Resigns

The co-CEO of a South Korean company that owns the country's biggest mobile messenger app stepped down on Wednesday foll... Read more

US Stocks Rise On Solid Earnings

Wall Street stocks rose for a second straight session on Tuesday on the back of another round of generally solid earning... Read more

Goldman Sachs To Reorganise Business Into Three Units

Goldman Sachs Group Inc unveiled a plan to reorganise its business into three units in another overhaul in less than thr... Read more