Finance

Hong Kong Stocks Drop Sharply At Open

Hong Kong stocks dropped sharply at the open on Friday, tracking losses on Wall Street after US President Donald Trump's... Read more

Wall Street Falls On Tariff Announcement

Wall Street stocks finished decisively lower on Thursday, with many retailers tumbling, after US President Donald Trump ... Read more

Trump Announces Further Tariffs On China

US President Donald Trump has announced fresh tariffs on a further US$300 billion dollars worth of Chinese goods – jus... Read more

HSI Drops As HKMA Follows Fed Rate Cut

Hong Kong shares closed lower on Thursday, tracking Wall Street losses after the Fed cut rates but expressed a cautious ... Read more

HKMA Chief Sees More Rate Adjustments Ahead

The Hong Kong Monetary Authority chief said on Thursday that a rate cut by the Federal Reserve indicates more such moves... Read more

Fed Move Weighs Down Hong Kong, Shanghai Markets

Hong Kong shares were lower at the break on Thursday, tracking Wall Street losses after the Fed cut rates but expressed ... Read more

Wall Street Ends Sharply Lower After Fed Cut

Wall Street stocks finished decisively lower on Wednesday after the Federal Reserve cut interest rates but offered mixed... Read more

Fed Cuts Interest Rates By A Quarter Of A Point

The US Federal Reserve on Wednesday cut its benchmark lending for the first time in more than 10 years, citing "uncertai... Read more

Base Rate Lowered To 2.5%

The Monetary Authority has lowered the base rate to 2.5% with immediate effect.   The decrease followed the 25-basis ... Read more

June Retail Sales Fall 6.7%

The value of total retail sales in June, provisionally estimated at $35.2 billion, dropped 6.7% on the same month in 2... Read more

Trade War Continues To Stymie HK's Economy

Latest data showed the Hong Kong economy remained subdued in the second quarter of this year – expanding by just 0.6 p... Read more

HSI Loses More Ground Before Storm Ends Trade

Hong Kong stocks closed lower on Wednesday after the city's weather bureau issued a storm warning, prompting an early cl... Read more

Chinese Factory Activity Slips For The Third Month

Mainland's manufacturing activity contracted for a third month in a row in July, official data showed on Wednesday, amid... Read more

Trade Talks Resumption Fails To Cheer Markets

Hong Kong stocks were down at lunch Wednesday ahead of the scheduled release of quarterly growth figures in the financia... Read more

Wall Street Closes Lower As Investors Await Fed

Wall Street stocks finished lower on Tuesday as the Federal Reserve opened a monetary policy meeting amid strong consume... Read more