US Averts First-ever Default As Congress Passes Deal

US senators voted to suspend the federal debt limit on Thursday, eliminating the threat of a disastrous credit default j... Read more

Rates, Debt Hopes Give Wall Street A Lift

Wall Street stocks closed higher on Thursday on hopes that the US central bank could pause its interest rate hikes, whil... Read more

Goldman To Slash Jobs As Dealmaking Slows

Goldman Sachs Group plans more workforce reductions as the difficult economic environment weighs on dealmaking, the bank... Read more

US$6bn Worth Of Green Bonds Issued: HKMA

The city’s defacto central bank said on Thursday that the government had issued close to US$6 billion worth of green b... Read more

Hong Kong April Retail Sales Rise 15 Percent

Retail sales grew 15 percent in April from a year ago, marking the third straight month of double-digit growth, new figu... Read more

Hong Kong Stocks Close Lower

Hong Kong shares finished Thursday slightly lower, having spent most of the day in positive territory, as worries over t... Read more

US Stocks End Lower Ahead Of Key Debt Ceiling Vote

Wall Street stocks retreated on Wednesday as markets awaited a key congressional vote to lift the US debt limit, while d... Read more

India Records Strong 7.2% Annual Growth

India's GDP grew by 7.2 percent in the year to March, official figures showed on Wednesday, boosted by services and cons... Read more

Baidu Launches 1bn Yuan Venture Capital AI Fund

Search giant Baidu will set up a venture capital fund of one billion yuan to back startups focused on content generated ... Read more

Report Says 2nd Green Bond Deal Of 2023 Set To Go

The Hong Kong government is aiming to raise US$4 billion to US$6 billion in a multi-currency green bond deal, according ... Read more

Elon Musk Visits Commerce And Industry Ministries

Tesla CEO Elon Musk kicked off his second day in China with visits to the commerce ministry and industry ministry. Mu... Read more

Mainland Factory Activity Hits 5-month Low

China's factory activity contracted faster than expected in May on weakening demand, heaping pressure on policymakers to... Read more

US Stocks End Mixed As Default Concerns Linger

Wall Street stocks finished mixed following a choppy session on Tuesday, as markets weighed the remaining risk of a US d... Read more

Short Sellers Caught Short As Nvidia Shares Rocket

Short sellers in shares of Nvidia Corp were down US$4.1 billion in mark-to-market losses in three trading days, accordin... Read more

Elon Musk's Private Jet Lands In Beijing: Report

A private jet used by Tesla CEO Elon Musk has arrived in Beijing, with the billionaire expected to meet senior mainland ... Read more