Finance

Hong Kong Stocks Rise To End Losing Streak

Hong Kong stocks closed on a positive note on Wednesday to cap three days of Covid-fuelled losses as traders try to asse... Read more

Wall Street Closes Lower After Hawkish Fed Signals

Comments from the Federal Reserve chief signaling the US central bank could hike rates sooner than expected sent New Yor... Read more

Threat Of Persistent Inflation Has Risen: US Fed

The threat of "persistently high inflation" has risen and the US central bank will consider removing stimulus more quick... Read more

Professional Services Fund Opens

The Professional Services Advancement Support Scheme is inviting a new round of applications from non-profit-distribu... Read more

Govt Supports Creative Sectors

Building on last year's successful experience, this year's Business of Design Week (BODW) is brought to you again in h... Read more

HK Retail Sales Jumped 12 Percent In October

New provisional government data suggests that local retail sales rose by 12 percent to HK$30.7 billion in October year-o... Read more

HK Stocks Fall Further On Virus Fears

Hong Kong shares finished down on Tuesday to a more than one-year low, after US drugmaker Moderna set off fresh alarm be... Read more

US Stocks Claw Back Some Of Their Losses

US equity markets jumped on Monday, winning back some of the prior session's losses on hopes that vaccines and therapeut... Read more

Twitter Co-founder Jack Dorsey To Step Down

Twitter Chief Executive Jack Dorsey will step down from his role and Chief Technology Officer Parag Agrawal will become ... Read more

HK Pursuing Green Finance Hub

I am pleased to have this welcome opportunity to address the Hong Kong Green Finance Association's annual forum once a... Read more

October Retail Sales Up 12%

The value of total retail sales in October, provisionally estimated at $30.7 billion, rose 12% compared with the same ... Read more

Mortgage Loans Down 7.4%

Residential mortgage loans approved in October decreased 7.4% compared with September to $49 billion, the Monetary Aut... Read more

Covid Variant, Macau Arrest Send HSI Lower

Hong Kong stocks finished with more losses on Monday after last week's rout caused by fears about the new Omicron Covid ... Read more

Weibo Seeks HK Listing, Raising HK$4.26b

US-listed Chinese microblogging platform Weibo is seeking to raise up to HK$4.26 billion (US$547 million) in a share off... Read more

ICT Awards Winners Announced

The Hong Kong Information & Communications Technology (ICT) Awards 2021 presentation ceremony was held today, duri... Read more