Finance

HSI Resumes Fall Amid Warnings Of More Headwinds

Hong Kong stocks ended with losses on Monday as worries about the depth of the economic crisis caused by coronavirus tru... Read more

Beijing Slashes Rate, Pumps 50bn Yuan Into Market

The mainland’s central bank on Monday cut an interest rate on loans to banks by the largest margin in five years and i... Read more

HSI Down As Virus Fears Grip Asian Markets Again

Hong Kong stocks ended Monday's morning session more than 1 percent down as the coronavirus continues to spread rapidly ... Read more

HK GNI Down 0.6%

Hong Kong’s Gross National Income (GNI) fell 0.6% year-on-year to $767.2 billion in the fourth quarter last year, wh... Read more

Financial Leaders Forum Held

Financial Secretary Paul Chan today chaired the 11th meeting of the Financial Leaders Forum.   During the forum, memb... Read more

Annual Detroit Auto Show Cancelled

Organisers canceled the Detroit auto show on Saturday citing the coronavirus pandemic, with the Federal Emergency Manage... Read more

IMF Chief: 'Clear We Have Entered Recession'

The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help develop... Read more

US Stocks Slump Again In Spite Of Package

Wall Street stocks sank on Friday, plunging after three positive sessions despite the House of Representatives approving... Read more

Google Pledges Support For Pandemic Businesses

Google on Friday pledged US$800 million worth of support in response to the coronavirus pandemic for health organisation... Read more

Restaurant Capacity Restriction A Must

The new regulation that requires restaurants to limit customer capacity and venues such as cinemas to close for 14 day... Read more

HSI Ends Strongly As US Relief Package Lifts Markets

Hong Kong stocks rose on Friday, closing a healthy week on a positive note as investors welcomed a blockbuster US stimul... Read more

Hong Kong Stocks Join Asian Rally, US Dollar Slips

Hong Kong shares ended Friday morning more than 1 percent higher, building on the week's rally that has been fuelled by ... Read more

US Stocks Move Out Of Bear Market Territory

The Dow surged for a third straight session Thursday after a massive US economic relief package cleared the Senate and d... Read more

Huawei Launches Top-range Google-free Phone

Huawei drove into its post-Google era on Thursday with a flagship smartphone that uses none of the Android maker's apps ... Read more

Record Number Of Americans File For Unemployment

With streets in major cities empty, and shops and restaurants forced to close due to the coronavirus pandemic, there was... Read more