Finance

HSI Gains In First Session, Gold Rises Again

Hong Kong went into the break with gains on Wednesday, building on the previous day's advances, following another record... Read more

Park Closures Cost Disney US$2 Billion

Walt Disney missed quarterly revenue estimates and reported a rare loss on Tuesday, as the Covid-19 pandemic pummeled it... Read more

Apple Leads Wall Street Higher As AIG Stumbles

Wall Street ended higher after a choppy session on Tuesday, lifted by Apple and energy stocks but limited by declines in... Read more

HSI Gains 2 Percent, Asian Market Rise On US Rally

Hong Kong stocks surged 2 percent on Tuesday, tracking healthy gains across Asia and following a record lead from Wall S... Read more

Seoul Eyes Golf Course, Army Base As Housing Sites

South Korea on Tuesday said it will supply more than 132,000 new homes in Seoul through 2028 by easing building height l... Read more

TikTok Talks, M&A Revival Send Nasdaq To New High

The Nasdaq surged to a record high close on Monday as a rebound in multibillion-dollar deals, including Microsoft's purs... Read more

Trump Wants Slice Of TikTok Sale For Treasury

US President Donald Trump said on Monday the US government should get a "substantial portion" of the sales price of the ... Read more

Wan Chai Post Office To Close

Wan Chai Delivery Office and the adjacent Wan Chai Post Office will be closed until August 15 for thorough cleaning an... Read more

CLP Returns To Profitability Amid Covid Outbreak

CLP Holdings returned to the black in the first half of 2020, and said the business impact of the coronavirus impact has... Read more

Hong Kong Stocks Start The Week With A Slide

Hong Kong stocks closed on a negative note on Monday as investors fret over China-US tensions and a jump in new virus in... Read more

HSBC Reports 69 Percent Drop In First-half Profit

HSBC on Monday said profits for the first half of this year plunged by 69 percent on year as the banking giant was hamme... Read more

Asia's Factory Pain Eases As China's Activity Jumps

Asia's factory pain continued to ease in July with contraction slowing in big export-reliant nations, adding to hopes th... Read more

Microsoft Says Still In Talks To Buy TikTok

Microsoft announced on Sunday it would continue talks to acquire the US operations of popular video-sharing app TikTok, ... Read more

Restaurant Receipts Fall 25.9%

The value of total receipts of the restaurants sector in the second quarter of the year, provisionally estimated at $2... Read more

TikTok US GM Vows 'we're Not Going Anywhere'

TikTok said on Saturday it was "not planning on going anywhere" after President Donald Trump threatened to ban the popul... Read more