Finance

Fed Hints That July Rate Cut Is Still Possible

Federal Reserve Chair Jerome Powell on Wednesday left the door open to an interest rate cut this month, pointing to unce... Read more

HSI Gains, New Data Weighs Down Shanghai

Hong Kong stocks ended on a positive note on Wednesday with attention now turning to the start of key congressional test... Read more

Hong Kong Stocks Edge Up, Shanghai Slips

Hong Kong stocks ended the morning slightly higher on Wednesday following a two-day sell-off, with attention on testimon... Read more

Wall Street Flat As Investors Seek Fed Clues

Wall Street stocks finished mixed on Tuesday ahead of a congressional appearance by Federal Reserve Chairman Jerome Powe... Read more

Monaco Bets On Huawei For 5G Network

Monaco on Tuesday became the first country in Europe to inaugurate a next-generation 5G mobile phone network based on te... Read more

HSI Slides For Fourth Day As Asian Markets Fall

Hong Kong stocks were down for the fourth day in a row, as investors' hopes of a big interest rate cut from the Federal ... Read more

Hong Kong, Shanghai Stocks Continue Retreat

Hong Kong stocks suffered fresh losses on Tuesday morning following last week's strong US jobs report that dented hopes ... Read more

Wall Streets Slips Amid Health, Tech Woes

Technology and health care companies drove Wall Street lower on Monday as the market fell for a second straight day foll... Read more

Deutsche Wields The Axe In Hong Kong And Beyond

Whole teams of Deutsche Bank employees in Hong Kong have been made redundant as the bank begins massive job cuts across ... Read more

HSI Heads South On Lower Rate-cut Hopes

Hong Kong shares sank on Monday, in line with a sell-off across Asia, after a better-than-expected US jobs report slashe... Read more

HK's Export Forecast Unchanged: TDC

The Trade Development Council (TDC) is keeping its export growth forecast for Hong Kong for this year steady at 2 percen... Read more

HSI Slides As US Jobs Data Sparks An Asian Retreat

Hong Kong stocks fell sharply on Monday morning as a forecast-beating US jobs report dented hopes the Federal Reserve wi... Read more

Deutsche Bank Says To Slash 18,000 Jobs By 2022

Germany's biggest lender Deutsche Bank said on Sunday it would cut 18,000 jobs by 2022, as the former leading light of t... Read more

More Local Companies Registered

The total number of local companies registered was 1,381,924 at the end of June, while 64,051 local companies were new... Read more