US Stocks End Lower Again On Growth Concerns
Wall Street stocks finished with more losses on Thursday as efforts to rebound from the prior session's rout floundered ... Read more
Sales Of Existing US Homes Slow Again
Rising prices and higher mortgage rates slowed US existing home sales for the third consecutive month in April, accordin... Read more
Dow Ends Ugly Session Down 3.6pc, Nasdaq Slumps 4.7pc
Wall Street stocks suffered through another brutal session on Wednesday after disappointing results from retail giant Ta... Read more
Japan First-quarter GDP Shrank 0.2% As Omicron Hit
Japan's economy shrank 0.2 percent in the first quarter of 2022, official data showed on Wednesday, hit by Covid-19 rest... Read more
Tech Shares Lead US Stocks Higher As Walmart Stumbles
Tech shares led Wall Street stocks higher on Tuesday as markets embraced data showing retail sales continued to rise in ... Read more
Fed Wants To See US Growth 'moving Down'
The US central bank wants to see economic growth slowing and "clear" evidence of inflation decelerating before it pulls ... Read more
US Stocks Pressured By China Data, Recession Worries
Wall Street stocks finished mostly lower on Monday following weak Chinese economic data that added to recession worries ... Read more
McDonald's To Exit Russia, Sell Business In Country
American fast-food giant McDonald's will exit the Russian market and sell its business in the increasingly isolated coun... Read more
HSI Edges Higher But Short Of 20,000
Hong Kong stocks finished the first trading day of the week with modest gains, but could not break through the 20,000-po... Read more
China's Retail Sales Take A Hit Amid Pandemic
Retail sales and industrial production on the mainland slumped to their lowest growth in two years amid Covid-19. Acc... Read more
Saudi Aramco Says Q1 Profits Jump As Oil Prices Surge
Saudi Aramco on Sunday posted an 82-percent jump in first quarter profits, buoyed by a global surge in oil prices that h... Read more
HKMA Intervenes Again To Prop Up Dollar Peg
Hong Kong's de-facto central bank bought $3.164 billion from the market in New York trading hours to stop the local curr... Read more
Wall Street Ends Historic Down Week On A High
Wall Street surged on Friday to end higher, closing the book on a week of wild market gyrations as relief at signs of pe... Read more
Musk Says Twitter Buyout On Hold Over Fake Users
Elon Musk tweeted on Friday that his US$44-billion cash deal for Twitter was “temporarily on hold” while he waits fo... Read more
US Senate Confirms Powell For Second Term As Fed Head
The US Senate on Thursday confirmed Jerome Powell to a second term as head of the Federal Reserve, as the central bank f... Read more