Wall Street Shrugs Off US Economic Contraction
Wall Street ended sharply higher on Thursday after a strong quarterly report from Meta Platforms lifted beaten down tech... Read more
CAR's Bitcoin Switch Baffles Citizens, Experts
Central African Republic's adoption of bitcoin, while many of the world's largest economies stay wary of it, has puzzled... Read more
HK Exports Snap 16-month Rising Streak
Hong Kong exports have shrunk for the first time since October 2020, as the fifth Covid outbreak disrupted cargo flows b... Read more
Need To Defend HKD May Come More Often: HKMA
The Monetary Authority said on Thursday that it expects the Hong Kong dollar to touch the weak end of its narrow trading... Read more
Bank Of Japan To Keep Ultra-low Rates
The Bank of Japan on Thursday maintained its massive stimulus programme and a pledge to keep interest rates ultra-low, r... Read more
Samsung Electronics Q1 Net Profit Up Almost 59%
South Korean tech giant Samsung Electronics posted a 58.57 percent rise in first-quarter net profits on Thursday, largel... Read more
Cooking Oil Futures Soar On Indonesia Export Ban
US soyoil futures surged to a record high on Wednesday after Indonesia broadened an export ban on raw materials for cook... Read more
Positive Earnings News Helps Wall Street Bounce Back
The S&P 500 ended higher on Wednesday following a steep drop the day before, with strong revenue forecasts from Micr... Read more
Fund Boss Denies Fraud, Racketeering Charges
Archegos Capital Management founder Bill Hwang was released on bail on Wednesday after pleading not guilty to US crimin... Read more
Hong Kong Stocks Edge Up, Shanghai Rallies
Hong Kong stocks ended slightly higher on Wednesday while Shanghai rallied after President Xi Jinping called for a new i... Read more
Drop In Phone, TV Sales Halves Profit At LG Display
South Korea's LG Display Co Ltd on Wednesday reported a 93 percent plunge in first-quarter profit as pandemic-driven dem... Read more
US Stocks Routed Amid Fears Over Inflation, Growth
Wall Street skidded into the red on Tuesday, as ongoing investor fears about sharp interest rate increases drove all thr... Read more
HSBC First-quarter Pre-tax Profits Drop Nearly 30%
HSBC Holdings reported a 27 percent fall in quarterly profit on Tuesday, as the Asia-focused bank suffered from decrease... Read more
Asia Faces 'stagflation' Risk: IMF Official
The Asian region faces a "stagflationary" outlook, a senior International Monetary Fund (IMF) official warned on Tuesday... Read more
US Stocks End Volatile Day Higher
Wall Street stocks finished higher on Monday following a roller-coaster session at the start of a heavy earnings week, w... Read more