Xi Calls For Stronger Fintech Oversight, Security
President Xi Jinping has chaired a top-level meeting that approved a plan for the healthy development of China's large p... Read more
HKMA Currency Interventions Top HK$100 Million
The Hong Kong Monetary Authority continued to intervene to defend the local currency's peg to the US dollar during New Y... Read more
Wall Street Flat As Fed Makes Inflation Vow
Wall Street's main indexes ended with slim losses on Wednesday after choppy trading as energy shares weighed and investo... Read more
Fighting Inflation Essential, Fed Chief Powell Says
The Federal Reserve is "strongly committed" to bringing down inflation that is running at a 40-year high and policymaker... Read more
Recession Fears Send Local Stocks Tumbling
Hong Kong shares plunged on Wednesday as investor fears over a possible recession returned to world markets, fuelled by ... Read more
Wall Street Up Over 2 Percent As Large Stocks Rally
Wall Street's major indexes jumped over 2 percent on Tuesday with investors buying into large capitalised growth stocks ... Read more
Hong Kong Stocks Extend Gains At Open
Hong Kong stocks opened slightly higher Tuesday morning, extending the previous day's gains, following a positive lead f... Read more
Evergrande Sticks To Restructuring Plan Deadline
China Evergrande Group late on Monday said it will announce its preliminary restructuring plan before the end of next mo... Read more
Cathay Pacific Preparing To Bring Back More Planes
Cathay Pacific Airways, battered by strict quarantine rules that have led to a 98 percent fall in passenger numbers, is ... Read more
NetEase Delays Diablo Immortal's China Launch
Internet and gaming giant NetEase delayed the rollout of its video game Diablo Immortal in China three days ahead of its... Read more
Malaysia Airlines Opts For More Fuel-efficient Planes
Malaysia Airlines plans to announce a decision on replacing its fleet of 21 Airbus A330 widebodies with more fuel-effici... Read more
Bitcoin Plunges Below US$20,000
Bitcoin plunged below US$20,000 on Saturday, shedding nine percent from the previous day to fall to $18,740, its lowest ... Read more
Mainland Aluminium Imports Drop By Over 16 Percent
The mainland's aluminium imports in May fell 16.4 percent from the same month a year earlier, government data showed on ... Read more
US Markets End Mixed, Overshadowed By Recession Fears
US stocks closed with a modest bounce on Friday but still suffered the biggest weekly percentage decline in months as in... Read more
Interest Rate Jitters Hit US, European Markets
US stock indexes closed sharply lower on Thursday in a broad sell-off as recession fears grew following moves by central... Read more