Mainland Factory Activity Slows In July: Survey
Official figures published on Sunday show that factory activity on the mainland unexpectedly declined this month, while ... Read more
Upbeat Forecasts Drive Big Gains In US Stocks
US stocks added to their recent rally on Friday after upbeat forecasts from Apple and Amazon, and the S&P 500 and Na... Read more
Exchange Fund Sees Worst-ever Half-year Loss
The Exchange Fund posted its biggest half-year investment loss of HK$144.2 billion for the six months ending in June, th... Read more
Instagram Pauses TikTok-like Features After Backlash
Instagram will pause features that users have campaigned against and complained make the social network too much like Ti... Read more
Hong Kong Stocks Make Modest Gains At Opening
Hong Kong shares started with small gains on Friday morning as traders assessed the outlook after data showed the US eco... Read more
US Stocks End Higher, Shrugging Off Weak GDP Data
Wall Street stocks rallied again Thursday, shrugging off a weak US GDP report that deepened recession talk but generated... Read more
US Economy Shrinks For Second Straight Quarter
The US economy contracted again in the second quarter amid aggressive monetary policy tightening from the Federal Reserv... Read more
Hong Kong Stocks End With Losses
Hong Kong stocks fell on Thursday, bucking a rally across world markets, as another interest rate hike by the Federal Re... Read more
Facebook's Meta Posts First-ever Revenue Drop
Facebook-parent Meta reported on Wednesday its first quarterly revenue drop and a plunging profit as the social media po... Read more
Hong Kong Stocks Rise After Fed Raises Rates
Hong Kong stocks opened slightly higher on Thursday morning after the head of the Federal Reserve indicated the bank's p... Read more
US Stocks End Higher As Fed Allays Investor Jitters
US stocks rallied on Wednesday, led by Nasdaq after the Federal Reserve raised its benchmark overnight interest rate by ... Read more
Fed Raises Rates Again, Warns On Inflation
The US Federal Reserve on Wednesday again raised the benchmark interest rate by three-quarters of a percentage point as ... Read more
Home Prices Lowest Since December 2020
Private home prices have fallen for a second month in a row to their lowest level in one and a half years, according to ... Read more
US Markets Dragged Down By Walmart, Economic Jitters
US stocks ended sharply lower on Tuesday as a profit warning by Walmart dragged down retail shares and exceptionally wea... Read more
IMF Cuts Global Economic Growth Outlook
The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high infl... Read more