Finance

Philips Sees Hit From Product Safety Fault

Dutch firm Philips said on Monday it anticipates a hit of up to 250 million euros (US$302 million) from a possible safet... Read more

Travel Bubble Relaunches May 26

(To watch the full press conference with sign language interpretation, click here.)   The Government today announced ... Read more

Govt Support For Book Fair Exhibitors

The Government today said it will allocate $10 million under the Anti-epidemic Fund to provide a one-off $15,000 finan... Read more

US Stocks End Volatile Week On Positive Note

Wall Street stocks rose on Friday to finish a volatile week on a positive note following strong new home sales data. ... Read more

Hong Kong Shares End The Week Higher

Local stocks ended the day in positive territory, as regional markets struggled to find clear direction after a week spe... Read more

US Stocks Tumble On Worries Over Tax Hike Proposal

Wall Street stocks finished solidly lower on Thursday following reports the White House will propose a steep increase in... Read more

March Sees 0.5% Inflation

Overall consumer prices rose 0.5% in March year-on-year, less than the average 1.1% increase in January and February, ... Read more

US Weekly Jobless Claims Decline Again

New filings for US unemployment benefits declined again last week, hitting their lowest level since the Covid-19 pandemi... Read more

Hong Kong's Jobless Rate Eases To 6.8 Percent

Hong Kong's unemployment rate fell to a better-than-expected 6.8 percent in the first quarter of 2021, from 7.2 percent ... Read more

Hong Kong Shares Rebound On US Lead

The Hang Seng Index closed in positive territory on Thursday along with most other markets in the region, after Wall Str... Read more

Cathay Pacific To Close Its Canadian Pilot Base

Cathay Pacific will close its Canadian pilot base and has proposed to also shut its pilot bases in Australia and New Zea... Read more

Samsung Chief Faces Stock Manipulation Trial

The jailed de facto leader of the giant Samsung group went on trial on Thursday over an allegedly manipulated takeover i... Read more

US Stocks Bounce Back After Two Days Of Losses

Wall Street stocks resumed their upward climb on Wednesday, shrugging off disappointing results from Netflix and advanci... Read more

Fresh Virus Fears Weigh On Markets

Local and most regional shares sank on Wednesday, as a resurgence of coronavirus cases in some countries shook investor ... Read more

US Stocks Fall Again, Shrugging Off Good Results

Wall Street stocks tumbled for a second straight session on Tuesday despite a mostly strong batch of earnings, suggestin... Read more