Wall Street Rises On Reassuring Fed Signals
The S&P 500 rallied on Wednesday to snap a five-session losing skid after a policy announcement by the Federal Reser... Read more
Fed Hikes Rates By Most Since 1994; HKMA Acts
The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday to stem a disru... Read more
Markets Rally As ECB Announces Debt Package
Relief swept over battered euro zone bond markets on Wednesday as the European Central Bank said it would skew reinvestm... Read more
China's Factories Perk Up, Retail Figures Remain Weak
China's economy showed signs of recovery in May after slumping in the prior month as industrial production rose unexpect... Read more
Wall Streets Down Ahead Of Key Fed Rates Call
The S&P 500 ended lower on Tuesday as the index was unable to bounce from a sharp sell-off in the prior session with... Read more
S Korea Strike Threatens China Chip Production
A week-long strike by truck drivers in South Korea has disrupted shipments to China of a key material used in the produc... Read more
US Stocks In Bear Market As S&P 500 Sinks
US equities tumbled on Monday, with the S&P 500 confirming it is in a bear market, heightening fears that the expect... Read more
US Bond Yield Inversion Stokes Fears Of Recession
US two-year Treasury yields rose above 10-year borrowing costs on Monday - the so-called curve inversion that often hera... Read more
Bitcoin Slumps Under US$25,000, Lowest In 18 Months
Bitcoin tumbled on Monday to an 18-month low under US$25,000 as investors shunned risky assets in the face of a global m... Read more
Posco To Halt Some Plants Due To Strike By Truckers
South Korean steelmaker Posco said on Sunday will halt some of its plants in the country due to a lack of space to store... Read more
US Stocks Tumble On Inflation Data
Wall Street stocks sank on Friday after inflation exceeded expectations in a much-anticipated report that sets the stage... Read more
Factory-gate Inflation Growth Eases To 14-month Low
China's factory-gate inflation cooled to its slowest pace in 14 months in May, official data showed on Friday, depressed... Read more
Hong Kong Stocks See Sharp Drop At Opening
Hong Kong stocks opened sharply lower on Friday morning, extending a global sell-off after the European Central Bank pai... Read more
US Stocks Sink Ahead Of Key Inflation Report
US equities sank on Thursday, with the Dow shedding more than 600 points ahead of a key report on soaring consumer price... Read more
ECB Gears Up For Rate Hikes To Fight Inflation
The European Central Bank on Thursday ended its bond-buying stimulus and unveiled plans for a series of interest rate hi... Read more