Finance

Huge Tax Overhaul On Track For 2024: OECD

The biggest overhaul of cross-border tax rules in a generation is now on course to take effect in 2024, the Organisation... Read more

Mainland Inflation Dips To 15-month Low

China's factory-gate inflation cooled in June to the lowest in 15 months. The producer price index (PPI) rose 6.1 per... Read more

Musk Calls Off Deal For Twitter

Tesla Chief Executive Officer Elon Musk said on Friday he was terminating his US$44 billion deal for Twitter, saying tha... Read more

Wall Street Flat As Investor Ponder Jobs Data

Wall Street ended little changed on Friday after a volatile session in which investors tried to comprehend how a robust ... Read more

SFC Chief Executive Alder To Take Up UK Watchdog Job

The CEO of the Securities and Futures Commission, Ashley Alder, is stepping down to head the UK's financial conduct watc... Read more

US Stocks Make Solid Gains But Earnings Loom

Wall Street stocks finished solidly higher on Thursday, extending a positive stretch that has cut into the market's loss... Read more

US Stocks End Higher Following Fed Minutes

Wall Street put a seesaw day behind it to close higher on Wednesday, as investors digested new clues on the US central b... Read more

Fed Concerned About Entrenched Inflation

A deteriorating inflation situation and concern about lost faith in the Federal Reserve's power to make it better prompt... Read more

British Airways To Cut Over 10,000 More Flights

British Airways will cut more flights during the crucial summer holiday months, as airlines and airports across Europe s... Read more

S&P Ends Slightly Up As Investors Keep One Eye On Fed

The S&P 500 ended slightly higher on Tuesday as investors kept their focus on the growth trajectory of the US econom... Read more

Hong Kong Stocks End Slightly Higher

Hong Kong stocks closed higher on Tuesday on hopes the United States will remove some of the tariffs on Chinese imports ... Read more

ECB Unveils Plan To Push Climate-friendly Investments

The European Central Bank on Monday unveiled plans to make its monetary policy greener, but met with criticism from envi... Read more

Authorities Plan To Launch Swap Connect In Six Months

Financial regulators in Hong Kong and on the mainland jointly announced on Monday that they are working to develop a new... Read more

Hong Kong Stocks Open Lower After Long Weekend

Hong Kong stocks began Monday on the back foot as traders returned from a long weekend break to play catch-up with losse... Read more

Softbank-owned Group Bids For Sogo & Seibu: Reports

The Softbank-owned Fortress Investment Group has offered around 200 billion yen ($1.48 billion) to buy Japanese departme... Read more