Finance

US Panel Turns Up The Heat On Tech CEOs

Google and Facebook took the sharpest jabs for alleged abuse of their market power from Democrats and Republicans on Wed... Read more

Boeing Announces Job Cuts, Plans To End Iconic 747

Boeing suffered a bigger-than-expected loss in the latest quarter, the company announced Wednesday, and signaled additio... Read more

June Retail Sales Fall 24.8%

The value of total retail sales in June, provisionally estimated at $26.5 billion, fell 24.8% compared with the same m... Read more

TikTok Probe Is Nearly Complete: Mnuchin

A US government national security review of the social media app TikTok is nearly complete and will deliver a recommenda... Read more

HSI Heads North Ahead Of Fed Decision

Hong Kong shares closed on a positive note on Wednesday ahead of a Federal Reserve policy decision later in the day, whi... Read more

Fitch Downgrades Japan's Ratings Outlook

Rating agency Fitch on Wednesday lowered its outlook on Japan's long-term foreign currency debt rating to negative from ... Read more

US Stocks Close Lower On Earnings, Spending Plan

US markets slid on Tuesday following mixed earnings, and as legislators in Washington appeared far apart on another roun... Read more

UN, Iata Count Cost Of Pandemic On Tourism, Aviation

The coronavirus crisis cost the global tourism sector US$320 billion in lost revenue during the first five months of 202... Read more

Economy Contracts 9% In Q2

Hong Kong’s economy in the second quarter of 2020 contracted 9% over a year earlier, slightly lower than the 9.1% de... Read more

Hong Kong, Shanghai Stocks Rise Ahead Of Fed Meeting

Hong Kong shares finished on a positive note on Tuesday on hopes for a fresh US stimulus package and ahead of a Federal ... Read more

Hong Kong Stocks Edge Up, Gold Surge Continues

Hong Kong stocks were slightly higher by the break on Tuesday following a recent string of losses, with investors lookin... Read more

Sino-US Tension Pushes Gold To Record High

Gold soared to a record high on Monday as investors rushed into the safe-haven commodity on concerns about heightened Ch... Read more

Tech Shares Lead The Way As US Stocks Rise

Wall Street's main indexes closed higher on Monday as investors bet on some of the market's most high-profile stocks ahe... Read more

More People To Get $10k

The Government today announced that people born in 1956 to 1970 who registered for the Cash Payout Scheme by paper fo... Read more

HSI Falls As Govt Unveils Tighter Curbs In The City

Hong Kong shares ended lower on Monday, extending last week's losses on concerns about the spread of coronavirus, which ... Read more