Wall Street Falls As Debt Talks Cast Shadow
Wall Street's main indexes ended lower on Wednesday as talks between the White House and Republican representatives on r... Read more
HSBC May Quit Smaller Markets, CFO Says
HSBC is reviewing a possible exit from as many as a dozen countries, or one in five of the markets it operates in, to sh... Read more
Yuan Gives Up 2023 Gains
The yuan is unlikely to experience sharp volatility as China's economic fundamentals, balance of payments and foreign ex... Read more
US Stocks Drop On Worries About Debt Ceiling Talks
Wall Street stocks fell on Tuesday on increased worry over uncertain negotiations among Washington power brokers seeking... Read more
Virtual Assets Platforms To Be Regulated From June
Hong Kong's securities regulator on Tuesday said it will start regulating virtual asset trading business in the SAR next... Read more
Sinopec Agrees To Enter Sri Lanka Retail Fuel Market
Petroleum giant Sinopec signed an agreement with Sri Lanka on Monday to enter the South Asian island country's retail fu... Read more
Hong Kong Stocks Extend Gains At Open
Hong Kong shares opened on the front foot on Tuesday, building on a positive start to the week as optimism grows that US... Read more
'Progress' But No Deal In Latest US Debt Talks
President Joe Biden and House Speaker Kevin McCarthy could not reach an agreement Monday on how to raise the US governme... Read more
Stocks Diverge Ahead Of Key US Debt Talks
Wall Street finished mixed on Monday, with the Nasdaq helped by gains in Alphabet and Meta Platforms, while the S&P ... Read more
TikTok Sues To Stop Ban In US State Of Montana
TikTok has filed a lawsuit in US federal court to stop the state of Montana from implementing an overall ban on the vide... Read more
Fake Image Of A Pentagon Explosion Briefly Goes Viral
A fake image of an explosion at the Pentagon briefly went viral and caused a ten-minute long dip on the markets on Monda... Read more
Inflation Hit 2.1 Percent In April
Official data released on Monday showed that the inflation rate in Hong Kong rose to 2.1 percent in April. Netting ou... Read more
Interest Rates In HK To Remain High: HSBC
HSBC economists said on Monday that interest rates in the SAR will remain high, but the mainland's economic recovery giv... Read more
Biden To Meet McCarthy, Says Cuts Unacceptable
President Joe Biden will meet with Republican House Speaker Kevin McCarthy on Monday for another round of talks on raisi... Read more
US Debt Ceiling Crisis Dogs Biden At G7
The sight of a tired-looking top White House domestic policy adviser in a Hiroshima hotel said it all: President Joe Bid... Read more