Finance

US Markets Close Lower After Late Selloff

Wall Street stocks ended lower on Monday after an early rally petered out following a report that Apple plans to trim sp... Read more

Musk Seeks To Push Back Twitter Lawsuit

Tesla chief Elon Musk asked a Delaware court on Friday to reject a bid by Twitter to put their US$44 billion merger laws... Read more

US Stocks Close Higher On Upbeat Earnings And Fed

US stocks closed sharply higher on Friday, ending several days of sell-offs with a rebound fuelled by upbeat earnings, s... Read more

Capacity Expected To Reach 25pc By Year End: Cathay

Cathay Pacific said on Friday it expects to operate up to about a quarter of the airline's pre-pandemic passenger flight... Read more

China's GDP Expands 2.5 Percent In H1

China's gross domestic product expanded 2.5 percent year-on-year in the first half of 2022, while GDP grew 0.4 percent y... Read more

US Stocks Recover Some Lost Ground After Early Losses

The S&P 500 pared early losses to close modestly lower on Thursday after investors digested disappointing quarterly ... Read more

Fed Official Signals Full Percentage Point Rate Rise

US Federal Reserve Governor Christopher Waller signalled on Thursday a possible full percentage point interest rate hike... Read more

TikTok Maker ByteDance Releases New Lifestyle App

TikTok's Chinese owner ByteDance is looking for its next big hit by wading deeper into the lifestyle sector of social me... Read more

HK Stocks Open With Modest Gains

Hong Kong stocks rose slightly at the open Thursday, helped by a small bounce in tech firms, though traders face severe ... Read more

US Stocks Drop After Latest Grim Inflation Report

US stocks closed modestly lower on Wednesday after investors digested hotter-than-expected inflation data, which fueled ... Read more

US Consumer Prices Surge 9.1%, A New 40-year High

US inflation surged to a fresh peak of 9.1 percent in June, further squeezing American families and heaping pressure on ... Read more

US Stocks Fall Amid Anxiety Over Upcoming Price Data

Wall Street ended in negative territory on Tuesday as growing signs of recession kept buyers out of the equities market ... Read more

France Could Get Digital Euro Next Year: Central Bank

France's central bank said on Tuesday it will push ahead with the second phase of its experiment with a digital euro, wi... Read more

Hong Kong Stocks Finish Sharply Lower

Hong Kong stocks finished Tuesday with another loss fuelled by worries about a possible recession caused by sharp centra... Read more

US Markets Slip Into Reverse Ahead Of Earnings, Data

US stocks lost ground on Monday as a lack of news to drive the market left participants warily embarking on a week back-... Read more