Finance

Oil Prices Ease On Weaker Demand From China, Japan

Oil prices eased on Wednesday, giving up earlier gains, after China and Japan both reported weak economic data, fuelling... Read more

US Stocks Retreat Ahead Of Bank Earnings

Wall Street stocks fell again on Tuesday as markets digested the latest report showing higher consumer prices, while ban... Read more

US Budget Deficit Shrinks US$1 Trillion Through March

The US budget deficit shrunk by more than half in the first six months of the fiscal year, falling US$1 trillion to US$6... Read more

Ukraine Pushes US Inflation To New Four-decade High

Americans paid more for petrol, food and other essentials last month amid an ongoing wave of record inflation that Russi... Read more

Wall Street Ends Lower Over Inflation Warning

With investors bracing for what the White House warned could be an "extraordinarily elevated" inflation report, US stock... Read more

S&P 500, Nasdaq Fall Again As Treasury Yields Climb

Major Wall Street stock indices mostly fell on Friday, concluding a lacklustre week for equities as markets adjust to a ... Read more

Ex-Goldman Banker Convicted In US Court In 1MDB Case

Former Goldman Sachs banker Roger Ng was convicted by a US jury on Friday of corruption charges relating to his role in ... Read more

Beijing Forces Recall Of Nearly 128k Tesla Cars

Tesla has recalled nearly 128,000 cars in China due to a fault that could "increase the risk of vehicle collision", the ... Read more

Hong Kong Shares End Week On Positive Note

Hong Kong stocks closed Friday on the front foot thanks to a late rally as traders tracked a positive lead from Wall Str... Read more

Hong Kong Stocks Open Lower On Rate Rise Concern

Hong Kong stocks opened on the back foot Friday morning, extending a selling-off this week fuelled by concerns about the... Read more

US Stocks Gain, Shrugging Off Two Down Days

Wall Street stocks finished modestly higher on Thursday, shrugging off two losing sessions as investors reassess equity ... Read more

Founder Richard Liu Steps Down As JD.com CEO

JD.com Inc promoted its president, Xu Lei, to chief executive officer on Thursday to succeed founder Richard Liu, offici... Read more

Hong Kong Stocks Fall After Wall Street Sell-off

Hong Kong stocks began Thursday with more losses to extend the previous day's sell-off, tracking another hefty retreat o... Read more

Jitters Over Fed's Next Move Hit US Stocks

Stocks closed lower and bond yields rose on Wall Street on Wednesday after details from last month's meeting of Federal ... Read more

HSBC Launches Metaverse Fund For Asian Clients

HSBC has launched a fund to capture investment opportunities in the so-called metaverse for clients in Hong Kong and Sin... Read more