Finance

US Stocks Mainly Flat But S&P-500 Hits New Record

The S&P 500 edged to a record on Wednesday while the Nasdaq dipped as US President Joe Biden again called for infras... Read more

Govt Holds More Election Briefings

Chief Executive Carrie Lam and principal government officials today met representatives from different sectors to expl... Read more

HSI Gives Up Gains To Finish In The Red

Local shares failed to hold on to early gains and headed south on Wednesday after heavyweights faltered upon their retur... Read more

US Stocks Edge Lower Ahead Of Earnings

The S&P 500 slipped on Tuesday but stayed near closing record highs posted in consecutive sessions, as investors wei... Read more

IMF Raises China's Growth Target To 8.4 Percent

The International Monetary Fund raised its 2021 growth forecast for China to 8.4 percent Tuesday, as it projected a stro... Read more

Apple's Cook Says Self-driving Cars An 'ideal Match'

Apple chief Tim Cook portrayed self-driving cars as an ideal match for the technology giant during an interview released... Read more

Dow, S&P 500 End At Records On Latest Strong US Data

Wall Street stock indices finished at fresh records on Monday on the latest signs of an accelerating US recovery as vacc... Read more

US Pushing G20 For Global Minimum Corporate Tax

The United States is pushing in the G20 for agreement on a global minimum corporate tax to stem the erosion of governmen... Read more

GameStop Finally Announces A Share Sale

Two months after a market phenomenon took shares of GameStop to the moon, the video game retailer said on Monday that it... Read more

France Says Deficits Rise As Covid Dashes Hopes

France's government deficit will deepen and public debt rise after a lingering Covid crisis smashed hopes of a rapid eco... Read more

More Liquidity Means More Instability On Wall Street

The collapse of the Archegos fund is only the most recent example of how extreme liquidity can make financial markets mo... Read more

Biden Cautiously Optimistic As New Jobs Rebound

President Biden on Friday hailed new jobs figures showing a massive rebound in March as a sign of hope "at long last" fo... Read more

Big Tech Helps Drive S&P Past 4,000 Mark

The S&P 500 surged on Thursday to its first-ever close above the 4,000 mark, lifted by gains in Microsoft, Amazon an... Read more

Cyberport Directors Named

The Government today announced the appointment of a new director and the reappointment of five serving directors to th... Read more

Tech Shares Put On A Show, Lift HSI

Local tech shares helped send the Hang Seng Index nearly 2 percent higher on Thursday ahead of a long weekend, after Jap... Read more