Finance

Hong Kong Shares Rally At Open

Hong Kong stocks started Thursday with a healthy advance after the Federal Reserve lifted interest rates but played down... Read more

Wall Street Roars Approval Of Fed Rate Hike

Wall Street stocks soared on Wednesday after the Federal Reserve announced a large 50 basis points interest rate increas... Read more

US Fed Raises Interest Rate By Half Point

The Federal Reserve on Wednesday raised the benchmark lending rate by a half percentage point in its ongoing effort to c... Read more

US Trade Deficit Hits Highest On Record

A surge in imports of goods and services in March drove the US trade gap to the highest level ever recorded, with huge i... Read more

Musk: Twitter May Charge Govt, Commercial Users

Elon Musk said on Tuesday that Twitter will always be free for casual users but may charge a slight fee for commercial a... Read more

Airbnb Sees Record Bookings As Travel Resumes

Bookings on Airbnb hit a new high in this year's first quarter, the home rental platform reported on Tuesday, in a fresh... Read more

US Stocks Edge Higher Ahead Of Fed Decision

Wall Street stocks finished a choppy session modestly higher on Tuesday as markets await another interest rate hike in t... Read more

EU Ministers Urged To Revive Stalled Banking Union

A plan to complete the EU's long-delayed banking union was put to bloc finance ministers on Tuesday, with hopes that Ger... Read more

HK Economy Shrinks 4 Percent In First Quarter

Hong Kong's economy reversed from four consecutive quarters of expansion to shrink four percent year-on-year in the Janu... Read more

Exchange Fund Sees HK$55bn First Quarter Loss

The Exchange Fund recorded a deficit of HK$55 billion in the first quarter of 2022 – its first quarterly loss in two y... Read more

US Stocks End Higher Ahead Of Fed Meeting

Equities on Wall Street ended higher on Monday even as the 10-year Treasury note's yield hit three percent for the first... Read more

Netflix Cancels Meghan Markle Animated Series 'Pearl'

Netflix has cancelled an animated series created by Meghan Markle as it makes cost-saving moves following disappointing ... Read more

'Bad Guys' Stay On Top Of N America Box Office

Universal's animated action-comedy "The Bad Guys" again topped the North American box office this weekend, with an estim... Read more

China's Factory Activity Dips For Second Month

China's factory activity contracted at a steeper pace in April, an official survey showed on Saturday, as widespread Cov... Read more

US Stocks Slump On Rate Worries, Amazon Result

US markets finished sharply lower on Friday, as Amazon slumped following a gloomy quarterly report, and as the biggest s... Read more