Finance

Dow Falls Again Amid Worries Over Russia, Inflation

The Dow finished lower for the sixth straight session on Thursday as markets weighed worries about an escalation of the ... Read more

HKMA Steps In Twice In A Day To Defend Currency

The Hong Kong Monetary Authority intervened for the second time in a day on Thursday to defend the Hong Kong dollar's pe... Read more

HKMA Spends $1.5 Billion To Maintain Dollar Peg

The Hong Kong Monetary Authority bought $1.586 billion from the market on Thursday to stop the local currency weakening ... Read more

US Stocks Slump After Latest Inflation Data

Tech-linked shares slumped, leading the market lower on Wednesday as Wall Street stocks suffered another bruising round ... Read more

Mainland Food Prices Climb As Inflation Worsens

Consumer inflation on the mainland has risen at its quickest pace in five months. The Consumer Price Index climbed 2.... Read more

US Stocks End Volatile Day Mixed

The Dow fell for a fourth straight session on Tuesday ahead of a key US inflation report, but beaten-down tech shares st... Read more

Major Indices On Wall Street Take A Hammering

The Nasdaq tumbled more than four percent as Wall Street equities endured another battering on Monday amid worries over ... Read more

Unwavering Support For Continuing Stimulus In Japan

Bank of Japan (BOJ) policymakers remained unwavering in their resolve to keep massive monetary stimulus, even as some sa... Read more

HK Will Have To Cut GDP Growth Forecast: Paul Chan

Financial Secretary Paul Chan warned on Sunday that the government will have to cut its economic growth forecast for the... Read more

Rates Fears Extend Wall Street's Losing Run

Wall Street's main indexes extended losses on Friday as investors worried that the Federal Reserve will need to be more ... Read more

Rate Hike Fears Spark Wall Street Rout

US stocks ended Thursday sharply lower amid a broad sell-off, as investor sentiment cratered in the face of concerns tha... Read more

Paul Chan: Higher Rates Add To Pressure On Borrowers

Financial Secretary Paul Chan on Thursday expressed confidence that Hong Kong's economy and markets would be able to res... Read more

UK Interest Rates Go Up, Inflation Tipped To Rise Too

The Bank of England on Thursday raised its main interest rate by a quarter point to one percent to tackle runaway UK inf... Read more

Retail Sales Drop By 14 Percent In March

Official data released on Thursday showed retail sales had slumped for a second month in March, as consumption sentiment... Read more

'HK Can Cope With Weaker Currency, Higher Rates'

The head of the Monetary Authority has sought to reassure people that Hong Kong can handle the impact of the US Federal ... Read more