Finance

Fuelled By Alibaba, HSI Jumps 2 Percent

Hong Kong stocks bounced back on Wednesday from the previous day's steep losses thanks to a surge in market heavyweight ... Read more

Wuxi Biologics Suspended After Sharp Fall In Shares

Wuxi Biologics suspended trading in Hong Kong on Tuesday following a record slump in its share price, after Washington a... Read more

Baise Shutdown Sends Aluminium Prices Soaring

Aluminium surged on Tuesday to a 14-year peak on stretched global supplies, particularly after China placed the city of ... Read more

US Markets Finish Higher, Lifted By Tech Stocks

US stock markets ended higher on Tuesday, lifted by Apple and Microsoft, while a jump in Treasury yields elevated bank s... Read more

HSI Down 1 Percent As Tech Plays Struggle

Hong Kong stocks finished lower on Tuesday after recent gains, with tech firms leading the losses, while traders were aw... Read more

Wall Street Edges Down On Big Tech Worries

Wall Street ended lower on Monday, as investors digested recent quarterly results from Facebook owner Meta Platforms and... Read more

Facebook Parent 'won't Quit Europe Over Data Row"

Facebook's parent firm Meta said on Monday it has no plans to pull its services from Europe, after raising the possibili... Read more

HSI Little Changed Despite Tech Losses

Hong Kong shares finished almost unchanged on Monday, as gains in energy and financial stocks offset losses in tech gian... Read more

Wall Street Closes Mostly Up On Strong Jobs Report

Wall Street stocks finished mostly higher on Friday as markets weighed a surprisingly good US jobs report that raised ex... Read more

US Sees Robust Job Growth In Spite Of Covid

The US economy created far more jobs than expected in January even as raging Covid-19 infections disrupted activity at c... Read more

Carlsberg To Raise Beer Prices Due To Higher Costs

Danish brewer Carlsberg warned on Friday that it will raise beer prices this year to offset rising costs of ingredients ... Read more

Nasdaq Ends 3.7% Lower As US Stocks Drop

The Nasdaq plunged more than three percent on Thursday following weak earnings from Facebook parent Meta, as stocks resu... Read more

Shares Of Facebook Owner Slump 20 Percent

Facebook owner Meta Platforms Inc's shares plunged more than 20 percent late on Wednesday after the social media company... Read more

Wall Street Shrugs Off Weak Jobs Data To End Higher

US equities capped a four-day winning streak by closing higher on Wednesday despite weak employment figures, amid recedi... Read more

US Markets Lifted By Bargain-hunters

US stocks started the month on a positive note, closing with solid gains on Tuesday after a rocky month of trading in Ja... Read more