Finance

IT Vendors List Enrolment Opens

Information Technology service providers can apply to enrol for the IT Service Providers Reference List of the Distanc... Read more

Sluggish Demand Keeps Brakes On Mainland Factories

Chinese factory activity grew at a slower pace in April as demand remained sluggish while the world grapples with the co... Read more

Drug Hopes Boost US Stocks Despite GDP Fall

US stocks surged on Wednesday as hopes for an effective Covid-19 treatment prompted a broad rally and helped investors s... Read more

GDP Slump Sees US Economy End Longest Ever Expansion

The US economy contracted in the first quarter at its sharpest pace since the Great Recession as stringent measures to s... Read more

HSI Ends With Gain For The Third Day In A Row

Hong Kong stocks rose for a third straight day on Wednesday, in line with an Asia-wide advance fuelled by optimism as se... Read more

'Mainland E-commerce Giant JD.com Eyes HK Listing'

The mainland’s second largest e-commerce company JD.com has filed confidentially to list its shares in Hong Kong hopin... Read more

HSI Edges Up As Asian Stock Markets Gain

Hong Kong stocks went into the break on Wednesday on a positive note, extending a rally into its third day, with confide... Read more

Google's Parent Says Profits Higher Despite Virus

Google parent Alphabet on Tuesday said that profit rose slightly in the first quarter of this year despite a slowdown in... Read more

US Stocks Close Lower On Shutdown Concerns

Wall Street stocks finished lower following a choppy session on Tuesday as mixed earnings reports and weak consumer data... Read more

British Airways To Slash 12,000 Jobs

British Airways is to slash up to 12,000 jobs as part of a restructuring forced on the carrier by the fallout from the c... Read more

Icelandair To Cut 2,000 Staff

Iceland's flag carrier Icelandair said on Tuesday it would lay off about 2,000 of its staff as the Covid-19 pandemic con... Read more

Mortgage Loans Up 40%

Residential mortgage loans approved in March increased 40% compared with February to $33.1 billion, the Monetary Autho... Read more

Exemptions For Merchants Mooted

The Government will roll out a scheme soon to exempt businesspeople with manufacturing activities on the Mainland from... Read more

Hong Kong Stocks Climb As Outbreak Fears Ebb

Hong Kong shares posted healthy gains for a second straight day on Tuesday with investors hopeful that the falling rate ... Read more

HSBC's First Quarter Profits Tumble 48 Percent

HSBC on Tuesday said first quarter pre-tax profits almost halved as the banking giant was battered by the global coronav... Read more