Finance

Wall Street Drops Back From Record Highs

Wall Street finished lower on Wednesday after the Federal Reserve raised concerns that the US economic recovery from the... Read more

Govt Severely Reprimands US

The Hong Kong Special Administrative Region Government today issued a severe reprimand against the US administration f... Read more

July Sees 2.3% Deflation

Overall consumer prices in July fell 2.3% on a year earlier, after a 0.7% rise in June, the Census & Statistics De... Read more

HK, Macau Tax Pact In Force

The pact between Hong Kong and Macau to avoid double taxation has come into force after the completion of the relevant... Read more

Apple Becomes First US$2 Trillion American Company

Apple became the first publicly listed US company with a US$2 trillion stock market value on Wednesday, as Wall Street i... Read more

Non-residential Mortgage Restrictions To Be Eased

The Hong Kong Monetary Authority (HKMA) on Wednesday announced that mortgage requirements on non-residential properties ... Read more

Hong Kong Stocks End Shortened Trading Day Lower

Hong Kong shares finished lower on Wednesday as China-US tensions offset hopes that US lawmakers could resume stalled st... Read more

Hong Kong Stocks Fall As Trading Resumes After Storm

Hong Kong stocks lost nearly 1 percent on Wednesday with trade cancelled in the morning owing to a strong typhoon in the... Read more

S&P 500, Nasdaq End At Records As Dow Retreats

The S&P 500 on Tuesday notched its first closing record since February, joining the Nasdaq in scaling historic heigh... Read more

Non-residential Mortgage Cap Relaxed

The Monetary Authority today announced that the countercyclical macroprudential measures for mortgage loans on non-res... Read more

Beauty Parlour Subsidies Disbursed

More than 11,000 applications have been approved so far under the Subsidy Scheme for Beauty Parlours, Massage Establis... Read more

Local Stocks Close Marginally Higher

Hong Kong stocks closed marginally higher on Tuesday following a record lead from Wall Street, but investors remain caut... Read more

Hong Kong Stocks End Morning Session Higher

Hong Kong stocks were slightly higher by the break on Tuesday, tracking a record performance on Wall Street, though inve... Read more

Nasdaq Finishes At Fresh Record But Dow Ends Lower

The Nasdaq powered to a fresh record on Monday, benefiting from continued bullishness on tech stocks that have prospered... Read more

New Round Of COVID-19 Fund Set

(To watch the full media session with sign language interpretation, click here.)   Chief Executive Carrie Lam today a... Read more