US Stocks End Lower As Debt Ceiling Talks Are Paused
Wall Street stocks dropped on Friday after negotiations to avert a US debt default were suspended, ending a two-session ... Read more
'e-HKD Would Be Safer Than Cryptocurrencies'
A digital currency issued by the Hong Kong Monetary Authority would be safer than a cryptocurrency but could still be hi... Read more
Stocks Finish Higher On Walmart Earnings Beat
All three major US stock-market indexes closed higher on Thursday following better-than-expected earnings results for Wa... Read more
HK Moves Step Closer Towards Digital Currency
The SAR is one step closer to a central bank digital currency as the Hong Kong Monetary Authority (HKMA) launched a pilo... Read more
BT To Slash Up To 55,000 Jobs By 2030
British telecoms group BT said on Thursday it will axe up to 55,000 jobs by the end of the decade in the latest tech job... Read more
China Resumes Australian Timber Imports
China has lifted an import ban on Australian timber, Beijing's ambassador said on Thursday, as strained ties between the... Read more
Wall Street Rallies On Debt Ceiling Optimism
US stocks rose sharply on Wednesday, fueled by optimism over a potential deal on the US$31.4 trillion federal debt ceili... Read more
Hong Kong Stocks Open Slightly Lower
Hong Kong stocks began on the back foot on Wednesday following a negative lead from Wall Street on a disappointing forec... Read more
Consumer Woes Weigh On Wall Street
US stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and US retail sales data for Apr... Read more
China's Factory Output, Consumption Miss Estimates
China's April industrial output and retail sales growth undershot forecasts, suggesting the economy lost further momentu... Read more
US Stocks Close Higher On Regional Banks
Wall Street stocks edged higher Monday as regional bank shares advanced while markets kept watch on key negotiations in ... Read more
EU Backs Takeover Of Activision Blizzard
The EU on Monday gave the green light to Microsoft's US$69-billion takeover bid for US video game giant Activision Blizz... Read more
Biden 'optimistic' On Debt Talks With Republicans
President Joe Biden said on Sunday he remains "optimistic" about finding an agreement with his Republican opponents to r... Read more
Swap Connect Northbound Trading Begins
A fourth investment link between Hong Kong and the mainland went online on Monday. Swap Connect, which provides mutua... Read more
G7 To Launch Scheme To Diversify Supply Chains
The G7 plans to launch a partnership scheme to diversify supply chains this year, ministers from the group said Saturday... Read more