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US Stocks End Lower As Debt Ceiling Talks Are Paused

Finance - Published date: .

Wall Street stocks dropped on Friday after negotiations to avert a US debt default were suspended, ending a two-session ... Read more

'e-HKD Would Be Safer Than Cryptocurrencies'

Finance - Published date: .

A digital currency issued by the Hong Kong Monetary Authority would be safer than a cryptocurrency but could still be hi... Read more

Stocks Finish Higher On Walmart Earnings Beat

Finance - Published date: .

All three major US stock-market indexes closed higher on Thursday following better-than-expected earnings results for Wa... Read more

HK Moves Step Closer Towards Digital Currency

Finance - Published date: .

The SAR is one step closer to a central bank digital currency as the Hong Kong Monetary Authority (HKMA) launched a pilo... Read more

BT To Slash Up To 55,000 Jobs By 2030

Finance - Published date: .

British telecoms group BT said on Thursday it will axe up to 55,000 jobs by the end of the decade in the latest tech job... Read more

China Resumes Australian Timber Imports

Finance - Published date: .

China has lifted an import ban on Australian timber, Beijing's ambassador said on Thursday, as strained ties between the... Read more

Wall Street Rallies On Debt Ceiling Optimism

Finance - Published date: .

US stocks rose sharply on Wednesday, fueled by optimism over a potential deal on the US$31.4 trillion federal debt ceili... Read more

Hong Kong Stocks Open Slightly Lower

Finance - Published date: .

Hong Kong stocks began on the back foot on Wednesday following a negative lead from Wall Street on a disappointing forec... Read more

Consumer Woes Weigh On Wall Street

Finance - Published date: .

US stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and US retail sales data for Apr... Read more

China's Factory Output, Consumption Miss Estimates

Finance - Published date: .

China's April industrial output and retail sales growth undershot forecasts, suggesting the economy lost further momentu... Read more

US Stocks Close Higher On Regional Banks

Finance - Published date: .

Wall Street stocks edged higher Monday as regional bank shares advanced while markets kept watch on key negotiations in ... Read more

EU Backs Takeover Of Activision Blizzard

Finance - Published date: .

The EU on Monday gave the green light to Microsoft's US$69-billion takeover bid for US video game giant Activision Blizz... Read more

Biden 'optimistic' On Debt Talks With Republicans

Finance - Published date: .

President Joe Biden said on Sunday he remains "optimistic" about finding an agreement with his Republican opponents to r... Read more

Swap Connect Northbound Trading Begins

Finance - Published date: .

A fourth investment link between Hong Kong and the mainland went online on Monday. Swap Connect, which provides mutua... Read more

G7 To Launch Scheme To Diversify Supply Chains

Finance - Published date: .

The G7 plans to launch a partnership scheme to diversify supply chains this year, ministers from the group said Saturday... Read more