Finance

Tesla Profit Doubles As Car Deliveries Surge

Tesla on Wednesday said profits in the past quarter more than doubled as the electric car giant forecast deliveries hitt... Read more

UK Says Ready To Restart Brexit Talks On Thursday

The UK government said on Wednesday that negotiations on a post-Brexit trade deal with the European Union would restart ... Read more

Sept Sees 2.2% Deflation

Overall consumer prices in September fell 2.2% year-on-year, larger than the corresponding decrease of 0.4% in August,... Read more

HK Stocks Close Higher Led By Job-axing Cathay

Hong Kong stocks climbed on Wednesday, led by Cathay Pacific which finished more than 2 percent after the airline announ... Read more

Cathay Shares Climb After Job Cuts Announcement

Cathay Pacific shares surged as much as six percent on the local stock exchange on Wednesday morning, shortly after the ... Read more

'Cathay Job Cuts Will Push Other Firms To Follow'

The chairwoman of the Confederation of Trade Unions, Carol Ng, says Cathay Pacific's move to make 5,300 workers in Hong ... Read more

Cathay To Cut 8,500 Jobs, Axe Dragon Subsidiary

Struggling Cathay Pacific has announced that its Cathay Dragon regional subsidiary will stop operating from Wednesday, w... Read more

US Stocks Edge Up On Renewed Stimulus Hopes

Wall Street recouped some of Monday's losses on Tuesday, closing slightly higher amid renewed signs Washington policymak... Read more

FS Responds To Cathays Restructuring

The Government has required Cathay Pacific Airways to fully consider the potential impact on Hong Kong’s status as a... Read more

Fintech Event To Go Virtual

The Government today announced that Hong Kong FinTech Week 2020 will take place virtually from November 2 to 6 to allo... Read more

Beauty Parlour Subsidies Set

The second round of the Subsidy Scheme for Beauty Parlours, Massage Establishments & Party Rooms under the Anti-ep... Read more

US Suing Google In Biggest Antitrust Case In Decades

The US government was suing Google on Tuesday in what would be the biggest antitrust case in decades and a major test fo... Read more

Sweden Bans Huawei, ZTE From 5G Network

Sweden has banned Chinese telecoms groups Huawei and ZTE from its 5G network for security reasons, the Swedish telecoms ... Read more

HK, Mainland Shares Up On China Economy Hopes

Hong Kong and mainland stocks rose on Tuesday amid optimism towards the Chinese economy and stronger consumption across ... Read more

HSI Slips As US Stimulus Talks Drag On

Hong Kong stocks went into the break slightly lower on Tuesday as investors keep tabs on stuttering US stimulus talks wi... Read more