Finance

US Moves To Cut Off Huawei's Chip Supplies

The US government on Friday moved to block global chip supplies to blacklisted telecoms equipment giant Huawei Technolog... Read more

$200m Disbursed To Property Sector

More than 5,400 applications for the Anti-epidemic Support Scheme for Property Management Sector have been approved, i... Read more

Distance Business Support Set

The Distance Business Programme under the Anti-epidemic Fund of the Government will accept applications from enterpris... Read more

HSI Ends The Week In Red, Asian Markets Mixed

Hong Kong stocks finished slightly lower on Friday, marking a fourth straight loss as investors fret over a second wave ... Read more

Cathay Loses HK$4.5bn, Warns Of Very Bleak Outlook

Cathay Pacific Airways said on Friday it made an unaudited loss of HK$4.5 billion at its full-service airlines during Ja... Read more

Chinese Industrial Output Posts Surprise Growth

The industrial output on the mainland returned to growth for the first time this year in April, official data showed on ... Read more

HK Stocks Up In Turbulent Trade

Hong Kong stocks finished Friday morning on a positive note, having swung throughout the session with investors fretting... Read more

NYSE To Reopen Trading Floor With Social Distancing

The New York Stock Exchange will reopen its trading floor later this month but with limits imposed to keep the coronavir... Read more

US Stocks End Higher As Banking Shares Gain

After two straight routs, Wall Street stocks finished higher on Thursday as beaten-down banking shares rallied despite a... Read more

Stamp Duty Waiver Gazetted

The Government proposed legislative amendments on the stamp duty today.   The move aims to waive the stamp duty on st... Read more

Economy Contracts 8.9% In Q1

(To watch the full press conference with sign language interpretation, click here.)   With COVID-19 evolving into a p... Read more

New US Jobless Claims Slow, But Still High At 2.98mn

New US claims for unemployment benefits continued to slow in the latest week but at 2.98 million showed the coronavirus ... Read more

HSI Tumbles As Asia Retreats On Virus Impact Fears

Hong Kong shares tumbled on Thursday with the rest of Asia's markets after the head of the Federal Reserve warned about ... Read more

Tencent Soars On Lockdown Gaming Boom

High demand for video games during Covid-19 lockdowns buoyed Tencent Holdings' first-quarter revenue and profits, with b... Read more

Google, Facebook Urged To Pay Australian Media

A leading publisher called on Thursday for Google and other tech giants to pay Australian news outlets some US$400 milli... Read more