Finance

US Tech Stocks Lose Tug-of-war Amid Inflation Fears

Wall Street closed out a volatile week mostly higher on Friday, but tech shares once again lost the battle between optim... Read more

CEO Of China's Ant Group Steps Down

The chief executive of Chinese fintech giant Ant Group has stepped down for "personal reasons", a spokesperson from the ... Read more

IAM Smart Registration Spots Set Up

The Office of the Government Chief Information Officer (OGCIO) has set up self-registration kiosks and mobile registra... Read more

HSI Tumbles, Hurt By Tencent Antitrust Fine

Local shares ended the week sharply lower, snapping a three-day winning streak, with market heavyweight Tencent losing m... Read more

Hong Kong Stocks Rise On Stimulus Package

Hong Kong stocks started on the front foot Friday following a record performance on Wall Street and in Europe as traders... Read more

Biden Puts More Restrictions On Huawei

The Biden administration this week amended licenses for companies to sell to China's Huawei Technologies Co Ltd , furthe... Read more

Dow, S&P 500 End At Records, Extending Rally

Wall Street stock indices ended at fresh records on Thursday as investors cheered the new US$1.9 trillion US economic re... Read more

Advisory Body Hails National Plan

The Trade & Industry Advisory Board members showed unanimous support for the 14th Five-Year Plan and the National... Read more

US Jobless Aid Claims Near Pandemic Era Low

New applications for US jobless aid last week dropped to a level not seen since late last year, the government reported ... Read more

MTR Posts HK$4.8 Billion Loss For 2020

The MTR Corporation said on Thursday that it has reversed into the red, after its transport, retail and advertising busi... Read more

HSI Rallies As Inflation Fears Ease

Hong Kong stocks surged back above the 29,000 mark on Thursday, tracking gains in the US after the Dow reached a record ... Read more

HSBC To Halt Coal Funding On Shareholder Pressure

HSBC bank on Thursday unveiled plans to phase out financing of the coal industry over the next two decades, bowing to sh... Read more

US Stocks Boosted As Congress Passes Stimulus

The S&P 500 rose on Wednesday and the blue-chip Dow hit a record high after tepid consumer price data for February c... Read more

Lockdown Powers Profit Surge At Lego

Lego posted a record profit in 2020 as pandemic lockdowns around the world left people whiling away their time indoors p... Read more

Former Govt Quarters For Sale

The Government Property Agency is inviting tenders for the purchase of five former government quarters, each consistin... Read more