Finance

S&P In Correction Territory As Wall Street Slides

Wall Street's main indexes fell on Tuesday, with the S&P 500 confirming a correction, as the Ukraine-Russia crisis k... Read more

US Criticises Canada's Digital Services Tax Plan

The United States Trade Representative's (USTR) office said on Tuesday it opposed Canada's plan to enact a digital servi... Read more

HSBC Profit Doubles, Plans For More Share Buyback

HSBC on Tuesday announced bumper 2021 profits and plans to repurchase shares worth up to US$1 billion as the Asia-focuse... Read more

HSI Heads South As Tech Plays Struggle

Hong Kong stocks finished lower on Monday though losses were pared after presidents Joe Biden and Vladimir Putin agreed ... Read more

Wall Street Ends Week On Sour Note

The ongoing standoff between Russia and Ukraine as well as solidifying expectations of a Federal Reserve rate increase n... Read more

Fed Formally Adopts Investment Rules For Officials

Top officials at the US Federal Reserve will be banned from holding individual stocks, bonds, cryptocurrencies and certa... Read more

US Existing Home Sales Shot Up 6.7% In January

Existing homes have become harder to find than ever, but Americans kept buying in January, pushing the pace of sales up ... Read more

HK Stocks End Week On Sour Note

Hong Kong shares finished the week with a sizeable loss on Friday as investors continued to fret over the Russia-Ukraine... Read more

US Stocks Tumble On Worries Over Ukraine

Wall Street stocks ended an ugly session sharply lower on Thursday on rising worries about a potential Russian invasion ... Read more

HK Stocks Edge Higher Despite Ukraine Tensions

Hong Kong stocks ended with gains on Thursday as minutes from the US Federal Reserve's latest meeting did not provide an... Read more

US Stocks Mixed After Bombshell-free Fed Minutes

Wall Street stocks finished mixed on Wednesday after spending much of the session deep in the red following Federal Rese... Read more

Former Goldman Sachs Partner Begins 1MDB Testimony

A former Goldman Sachs partner began testifying against his former colleague on Wednesday in a trial over the looting of... Read more

HSI Gains Ground On Easing Ukraine Tension

Hong Kong shares enjoyed a much-needed relief rally on Wednesday on signs of an easing in tensions between Russia and Uk... Read more

With Prices In Check, Mainland Inflation Eases

Inflation on the mainland slowed in January, official data showed on Wednesday, as the government pledged to keep prices... Read more

Hong Kong Shares Rally At Open

Hong Kong stocks rose more than one percent at the open on Wednesday following strong gains on Wall Street fuelled by op... Read more