US Markets Bounce Back From Italian Woes

Wall Street has closed higher as investors took a more optimistic stance on the Italian political crisis that had earlie... Read more

James Lau Forges Financial Ties

Secretary for Financial Services & the Treasury James Lau continued his visit to San Francisco yesterday, learning... Read more

Mortgage Loans Down 5.6%

Mortgage loans approved in April fell 5.6% compared with the previous month to $37.3 billion, the Monetary Authority a... Read more

Retail Sales Value Up 12.3%

The value of total retail sales in April, provisionally estimated at $39.5 billion, rose 12.3% compared to the same mo... Read more

Exchange Fund Assets Rise

The Exchange Fund's total assets rose to $4.168 trillion at the end of April, up by $17.9 billion on the previous mont... Read more

China To Slash Import Tariffs On Consumer Goods

China will cut import tariffs on a range of consumer items including apparel, cosmetics, home appliances, and fitness pr... Read more

US GDP Growth Revised Down To 2.2 Percent In Q1

The U.S. economy grew at a weaker 2.2 percent annual rate in the first three months of the year, as consumers and busine... Read more

China Vows To Fight Washington On Tariff Hike

China's government accused the Trump administration of hurting its credibility by acting erratically on trade and vowed ... Read more

HK Business Environment Is Slipping, Finds Poll

A number of American companies feel that Hong Kong’s business environment is deteriorating or stagnating. In a sur... Read more

HSI Sheds Over 400 Points As Asian Markets Slide

Hong Kong and Shanghai stocks tumbled on Wednesday as Donald Trump's decision to press ahead with putting tariffs on Chi... Read more

US Business Group Ramps Up Pressure On Beijing

An American business group called on Beijing on Wednesday to allow the same access to its state-dominated economy that C... Read more

Hong Kong Stocks Slide As Asian Markets Retreat

Hong Kong stocks plunged more than 1 percent in the morning session on Wednesday as political turmoil in Italy fuels con... Read more

Does Mobile Money Benefit Banks?

  Banks should poise themselves to take advantage of mobile money, Nomanini CEO & Co-founder Vahid Monadjem tells B... Read more

US Stocks Hit By Global Jitters Over Italy

Wall Street stocks closed lower on Tuesday, with bank shares diving, as worries about Italian political turmoil sparked ... Read more

US Starbucks Close Doors For Sensitivity Training

Starbucks appealed to customers for forgiveness in a row over racial profiling on Tuesday, saying its behaviour towards ... Read more