US Q4 Growth Revised Lower To 6.9%, Slowing To Come
The US economy ended 2021 by expanding at a 6.9 percent annual pace from October through December, the government said o... Read more
China Evergrande Sells Incomplete Development
China Evergrande Group said on Wednesday it will sell its Crystal City Project in Hangzhou for 3.66 billion yuan (US$575... Read more
Ukraine Peace Talks Lift US, European Markets
US markets closed higher on Tuesday, joining European equities in cheering progress in peace talks between Russia and Uk... Read more
Home Prices Lowest Since January 2021
Private home prices have fallen to their lowest levels in more than a year, according to data published by the Rating an... Read more
US Stocks Markets Close Up, Lifted By Peace Talks
US equity markets closed higher on Monday on hopes over peace talks between Russia and Ukraine, while oil prices tumbled... Read more
Biden Budget Boosts Military, Raises Taxes On Wealth
US President Joe Biden on Monday submitted a US$5.79 trillion budget plan to Congress that calls for record peacetime mi... Read more
Huawei 'united' In Face Of US Pressure: Meng Wanzhou
US pressure on Huawei has served to strengthen the resolve of the telecoms giant, finance chief Meng Wanzhou said on Mon... Read more
'Billionaire' Tax Could Raise US$360bn Over Ten Years
President Biden's administration will include more taxes on the wealthiest Americans in its 2023 budget proposal, due to... Read more
Russian Market To Resume Trading On Monday
The Russian central bank said on Saturday that the Moscow Exchange will resume trading on Monday, with Russian shares an... Read more
US Stocks Close Mixed On Geopolitical Concerns
The S&P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest... Read more
China Keeps Yuan Flexibility, Wary Of External Shocks
Beijing said on Friday it will maintain yuan flexibility and foreign exchange market stability, vowing to actively preve... Read more
US Stocks Make Strong Gains On Jobless Data
Wall Street stocks powered higher on Thursday after new US unemployment benefit filings hit a record low as oil prices p... Read more
Google Tests Heart, Eye Monitoring Via Phone Sensors
Google announced on Thursday its latest plans for using smartphones to monitor health, saying it would test whether capt... Read more
HK Keeps Third Spot In Global Financial Centres Index
Hong Kong has maintained third place in the semi-annual Global Financial Centres Index, published on Thursday by the UK ... Read more
US Jobless Benefits Applications Lowest In 52 Years
New applications for US jobless benefits dropped to a 52-1/2-year low last week, while the number of Americans on unempl... Read more