Finance

Wall Street Ends Lower, Battered By Economic Data

Wall Street ended sharply lower on Thursday, extending its losses in late afternoon trading as a raft of economic data f... Read more

Recession Risk Rising Amid Higher Rates: World Bank

The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the World B... Read more

Guangzhou Allows 20pc Home Price Cut: Report

Guangzhou city has allowed property developers to reduce sale prices of homes by as much as 20 percent compared with 6 p... Read more

Wall Street Recovers Slightly After Tuesday's Rout

Wall Street ended a directionless session higher on Wednesday as an on-target inflation report largely stanched the flow... Read more

Google, Meta Face Record Fines In South Korea

South Korea has fined Google and Meta more than US$71 million collectively for gathering users' personal information wit... Read more

China To Release Additional Pork From Reserves

Mainland authorities say they'll release pork from the country's central reserves this week to maintain price stability,... Read more

US Markets Slump After Inflation Shock

A broad sell-off sent US stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the F... Read more

US Inflation Dips, But Still A Concern For Fed

US annual inflation slowed in slightly in August, largely thanks to falling gasoline prices -- but likely not enough to ... Read more

US Markets Close Higher Ahead Of Key Data

US stock markets rallied on Monday, extending their winning streak as investors awaited crucial inflation data that coul... Read more

Asian Markets Rise In Early Trading

Asian markets rallied in early trading on Monday, building on the momentum of gains in the United States and Europe at t... Read more

Americans Might See Price Of Petrol Jump: Yellen

US Treasury Secretary Janet Yellen on Sunday said Americans could experience a spike in petrol prices in the winter when... Read more

US Stocks Rally For First Weekly Gain In Four Weeks

US stocks rallied on Friday, with the major indexes recording their first weekly gain in four weeks as investors went on... Read more

Hong Kong Stocks Begin Slightly Higher

Hong Kong stocks edged up in the first few minutes of business on Friday following an advance on Wall Street as traders ... Read more

US Stocks End Higher As Banks Gain On Fed

Wall Street's main indexes posted gains on Thursday mainly lifted by financial institutions and healthcare companies, as... Read more

ECB Raises Key Rates By Three-quarters Of A Point

The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled fu... Read more