Finance

US Stocks End Sharply Lower Amid Focus On Fed

Wall Street ended sharply lower on Monday as investors fretted about a US Federal Reserve gathering later this week in J... Read more

UK Inflation To Peak At 18.6 Percent: Citi

British consumer price inflation is set to peak at 18.6 percent in January, more than nine times the Bank of England's t... Read more

China Delivers High-speed Trains To Indonesia

A high-speed electric passenger train and an inspection train, customised for a high-speed rail network in Indonesia, ha... Read more

'ECB Must Keep Raising Rates Even If Recession Comes'

The European Central Bank must keep raising interest rates even if a recession in Germany is increasingly likely, as inf... Read more

US Stocks Fall Amid Worries Over Inflation

Wall Street stocks fell on Friday on lingering worries about inflation and higher equity valuations, snapping a four-wee... Read more

US Stocks Finish Higher After Choppy Session

Wall Street stocks finished higher on Thursday after a choppy session as investors weighed prospects for further upward ... Read more

Stocks Mostly Up As Markets Digest Fed Rate Signals

US and European stock markets mostly rose on Thursday as investors digested US economic data and Federal Reserve signals... Read more

Hong Kong Stocks End With Big Losses

Hong Kong shares closed deep in negative territory on Thursday, in line with a sell-off across world markets after Feder... Read more

HSBC, Standard Chartered Raise Mortgage Rate Cap

Two major local banks have moved to raise interest rates on new mortgages linked to the Hong Kong Interbank Offered Rate... Read more

Walmart, Pharmacists Face Huge Opioid Payouts

US pharmacy operators CVS, Walmart and Walgreens must pay a combined US$650.6 million to two Ohio counties to address th... Read more

US Stocks Fall As Markets 'digest' Recent Gains

Wall Street stocks declined on Wednesday following mixed retail sales and earnings reports as the market's July and Augu... Read more

'Rate Hikes Will Have To Slow At Some Point': Fed

US central bankers remain committed to raising interest rates further to quell rising prices, but agreed that "at some p... Read more

US Retail Sales Flatline In July As Fuel Prices Fall

US retail sales held steady in July as fuel prices fell and spending on automobiles dropped sharply, according to govern... Read more

Local Stocks Climb, In Line With Regional Gains

Hong Kong stocks closed on the front foot on Wednesday, in line with an advance across most of Asia following a rally on... Read more

UK Inflation Jumps To 40-year High

British inflation surged to a new 40-year high in July on rising food prices, official data showed on Wednesday, adding ... Read more