HK Disneyland Still In The Red, But Losses Narrow
Hong Kong Disneyland on Monday said its net losses in the 2021 financial year narrowed by 12 percent to HK$2.4 billion, ... Read more
Court Hits Pause On Building Amazon's Africa HQ
A South African court has paused construction on a Cape Town complex set to house Amazon's Africa headquarters, siding w... Read more
Saudi Aramco Says Profit More Than Doubled In 2021
Energy giant Saudi Aramco said on Sunday its 2021 net profit soared by more than 120 percent, due to higher crude prices... Read more
Bitcoin To The Rescue: Cryptos' Role In Ukraine
Cryptocurrencies have taken on an unprecedented role in the conflict in Ukraine, helping the government raise millions o... Read more
Wall Street Gains On Xi/Biden Talks
Wall Street's three major indexes closed higher on Friday, with the biggest boost from recently battered technology stoc... Read more
US Stocks Continue Rally In Spite Of Oil Price Rise
Wall Street stocks rallied for a third straight session on Thursday despite a jump in oil prices as markets monitored de... Read more
Amazon Says It Has Closed A Deal To Buy MGM
Amazon on Thursday said it had closed a US$8.5 billion deal to buy MGM, adding the fabled movie maker to its stable as i... Read more
Bank Of England Raises Rates, Unsure On Future Moves
The Bank of England raised interest rates on Thursday in a bid to keep fast-rising inflation in check. However, with the... Read more
No Cases Of Forced Labour Found: Li Ning
Chinese sportswear giant Li Ning says US authorities have made “incorrect and misleading” allegations in a statement... Read more
Hang Seng Surge Continues In Early Trading
Hong Kong stocks soared more than six percent at the start of trade Thursday morning, extending the previous day's nine ... Read more
HKMA Raises Base Rate Following Fed Decision
The Hong Kong Monetary Authority on Thursday increased the base lending rate in the SAR by 25 basis points to 0.75 perce... Read more
China Eastern Asks US For Approval To Shift Flights
China Eastern Airlines Corp on Wednesday asked the US Transportation Department for approval to temporarily shift New Yo... Read more
US Stocks Make Sharp Gains After Fed Rate Rise
The S&P 500 closed up more than 2 percent while the Nasdaq rallied almost 4 percent on Wednesday as investors shrugg... Read more
Fed Attacks Inflation With Rate Hike, More To Come
The US Federal Reserve launched an effort on Wednesday to tame the country’s worst inflation since the 1970s, raising ... Read more
Hong Kong Stocks Soar As Beijing Pledges Support
Hong Kong stocks soared on Wednesday after mainland authorities pledged much-needed support to beaten-down markets. X... Read more