Finance

'SVB Bankruptcy Has No Implications For UK Banks'

The problems of the failed SVB bank were "specific to the firm" and had no "implications for other banks operating in th... Read more

US Stocks Tumble In Wake Of SVB Collapse

Wall Street's indexes closed lower on Friday as investors ran for the exits stressing about the health of US banks after... Read more

Markets In Turmoil As US Closes Silicon Valley Bank

US regulators shut down Silicon Valley Bank on Friday in a spectacular move that sent global banking shares into turmoil... Read more

US Hiring Slows In February As Unemployment Edges Up

US job gains eased less than anticipated in February, according to government data released on Friday, while the unemplo... Read more

US Stocks Fall As Banking Shares Tumble

Banking shares tumbled on Thursday following signs of major trouble at two regional banks, adding to the pressure on sto... Read more

MTR Sees Profits Rise Despite Dip In Earnings

The MTR Corporation said on Thursday it posted a profit of HK$9.8 billion for 2022, or a 2.9 percent year-on-year increa... Read more

China Consumer Inflation Slowest In A Year

The nation's annual consumer inflation slowed to the lowest rate in a year in February as consumers remained cautious de... Read more

US Markets Steady - A Day After Falling On Rate Fears

US stocks steadied on Wednesday and closed mixed, one day after worries about interest rates sent them to one of their w... Read more

ECB Boss Talks Tough On Price Stability

European Central Bank president Christine Lagarde vowed on Wednesday to do whatever it takes to bring down high inflatio... Read more

HKEX Subsidiaries Sued Over Cancelled Nickel Trades

Two subsidiaries of Hong Kong Exchanges and Clearing (HKEX) are facing legal action in the UK over cancelled nickel trad... Read more

Fed Comments On Inflation Send US Stocks Lower

US stock markets slid on Tuesday after Federal Reserve Chair Jerome Powell warned that the US central bank could hike ra... Read more

Beijing Okays Restructuring Of Loans To Sri Lanka

Sri Lanka's president said on Tuesday that China had agreed to restructure its loans to the bankrupt island nation, clea... Read more

Fed May Raise Rates Even Higher - Powell

The United States is prepared to increase the pace of interest rate hikes if strong economic data persists, and could ra... Read more

Hong Kong Stocks End On Negative Note

Hong Kong stocks closed in the red on Tuesday, reversing morning gains, as investors nervously await Federal Reserve bos... Read more

US Stocks Rise Slightly Ahead Of Fed Testimony

Wall Street stocks traded slightly higher on Monday, ahead of key jobs data and congressional testimony from Federal Res... Read more