Finance

ECB Calls For Global Regulation Of Cryptocurrencies

A senior European Central Bank official called on Monday for global regulation of cryptocurrencies as the virtual assets... Read more

Twitter Confirms Sale To Elon Musk For US$44 Bn

Twitter on Monday confirmed it is selling the platform to billionaire entrepreneur Elon Musk in a deal valued at US$44 b... Read more

Hong Kong Stocks Dive As Lockdown Fears Bite

Shares in Hong Kong and the mainland plunged on Monday on growing fears over the Chinese economy as a fast-spreading Cov... Read more

Hong Kong, Mainland Markets Down Sharply

Hong Kong stocks opened on Monday morning sharply lower, in line with a sell-off across Asia and following a painful end... Read more

'Bad Guys' Tops North American Box Office

Three new releases helped fuel the North American box office this weekend, with Universal's animated action-comedy "The ... Read more

Shanghai's Economy Slows As Covid Deals Blow

The economy of Shanghai, the mainland's most populous city, slowed in the first quarter from the end of 2021, hurt by ra... Read more

US Stocks End Week With More Losses

Major US stock indexes slumped again on Friday, ending a whipsaw week of surprise earnings news and increased certainty ... Read more

US Business Activity Slows As Costs Soar

US business activity slowed in April as soaring costs for raw materials, fuel and labor pushed input prices to a record ... Read more

US Stocks End Lower After Fed Chair Comments

The main US stock indices closed lower on Thursday, giving up earlier gains as Federal Reserve officials including Chair... Read more

Fed Chair Hints At 50bp Rate Rise In May

The Federal Reserve may opt to hike interest rates by half a percentage point at its policy meeting next month in a bid ... Read more

Netflix Woes Hit Nasdaq; Dow Rises

The tech-heavy Nasdaq dropped on Wednesday as Netflix's surprise decline in subscribers weighed on both the streaming gi... Read more

Western Officials In G20 Walkout

Top finance officials from Britain, the United States and Canada walked out of Wednesday's G20 meeting as Russian repres... Read more

PBOC Leaves Key Interest Rates Unchanged

China kept its benchmark lending rates steady on Wednesday, with markets seeing the move as Beijing's cautious approach ... Read more

Nasdaq Drives Wall Street's Best Day In Weeks

The three main Wall Street benchmarks had their best days in over a month on Tuesday, with the Nasdaq closing up 2.2 per... Read more

IMF Slashes Growth Forecast On 'seismic' Ukraine War

The "seismic" impact of the war in Ukraine is spreading worldwide, causing the IMF on Tuesday to sharply downgrade its 2... Read more