HSI Tumbles, Dragged By Tech Plays
Hong Kong shares plummeted on Tuesday, ending the first day of trade after a lengthy holiday hiatus in the red over Chin... Read more
US Stocks Edge Lower As Treasury Yields Rise Further
Wall Street stocks edged lower on Monday after a roller-coaster session as worries over the economic drag from higher in... Read more
World Bank Planning New US$170 Bn Crisis Fund
The World Bank is seeking to create a US$170 billion emergency fund to help the poorest nations being buffeted by multip... Read more
Mainland GDP Beats Estimates Despite Headwinds
The mainland's economy grew at a faster than expected clip in the first quarter, official data showed on Monday, expandi... Read more
'Musk Buyout Tweets Ruled False, Misleading'
A federal judge has ruled that Tesla CEO Elon Musk's 2018 tweets about having secured financing to take the company priv... Read more
Didi Shareholders To Vote On US Delisting Plans
Didi Global will hold an extraordinary general meeting on May 23 to vote on its delisting plans in the United States, th... Read more
Twitter Adopts 'poison Pill' Defence Against Musk Bid
Twitter moved on Friday to defend itself against Elon Musk's US$43 billion hostile takeover bid, announcing a plan that ... Read more
PBOC Keeps Medium-term Policy Rate Unchanged
China's central bank kept borrowing costs unchanged for a third straight month as expected on Friday, although markets e... Read more
US Stocks Down On Earnings, Rate Jitters
US equity markets closed lower on Thursday at the end of a holiday-shortened week as bond yields resumed their uphill cl... Read more
IMF Head Says Ukraine Crisis Hurting Global Recovery
The war in Ukraine is slowing expected economic growth in most countries in the world, IMF Managing Director Kristalina ... Read more
Elon Musk Offers To Buy Twitter
Elon Musk is offering to buy Twitter, just days after the Tesla CEO said he would no longer be joining the social media ... Read more
S Korea Steps Up Inflation Fight With Surprise Hike
South Korea's central bank raised its benchmark interest rate to the highest level since August 2019 on Thursday in a su... Read more
Singapore Tightens Monetary Policy To Fight Inflation
Singapore's central bank tightened its monetary policy on Thursday, as the city state ramps up its efforts to curb infla... Read more
US Markets Shrug Off Inflation Data, Close Higher
Bargain-hunting helped US markets close higher on Wednesday, as investors looked past another historic inflation report,... Read more
BOJ's Kuroda Vows Easy Policy, Warns Of Import Costs
Bank of Japan Governor Haruhiko Kuroda on Wednesday warned the recent rise in inflation driven by higher import costs co... Read more