Finance

Hong Kong Stocks Open Higher

Hong Kong stocks opened with gains at the start of trade on Wednesday as dip-buyers moved in following three days of los... Read more

Interest Rate Angst Drags Down US Stocks

Wall Street stocks endured an ugly session on Tuesday, tumbling in their first session back after a holiday weekend on m... Read more

Microsoft To Buy Gaming Giant Activision For US$69b

Microsoft announced on Tuesday a landmark US$69 billion deal to purchase gaming giant Activision Blizzard, grabbing the ... Read more

Head Of Credit Suisse Resigns Over Covid Rules Breach

The head of Credit Suisse has resigned less than a year after taking the reins of the scandal-hit bank following reports... Read more

Mainland Growth Slows But Faster Than Expected

China's economy grew 4.0 percent in the fourth quarter from a year earlier, faster than expected but its weakest expansi... Read more

Analysts Expect Slowdown In Mainland Economy

The mainland's economy likely grew at the slowest pace in 1-1/2 years in the fourth quarter, dragged by weaker demand du... Read more

Facebook, Google Accused Of Collusion In US Lawsuit

Top bosses of Google and Facebook were directly involved in approving an allegedly illegal 2018 deal to cement their dom... Read more

Macau Cheers Wall Street But Dow Disappoints

US casino stocks enjoyed strong gains on Friday after the Macau government set out plans for the future of the SAR's gam... Read more

Hong Kong Shares Finish Slightly Lower

Hong Kong stocks ended a broadly positive week on a negative note on Friday, in line with a sell-off across Asia followi... Read more

Nasdaq Slumps Amid Fed Warnings On Inflation

Wall Street's major indexes closed lower on Thursday with Nasdaq's 2.5 percent drop leading the losses as investors took... Read more

EU Sinks Korean Shipbuilders' Merger

The EU on Thursday vetoed the merger of two South Korean ship-making giants over concerns the deal would restrict the su... Read more

Hong Kong Shares Close With Gains

Hong Kong stocks extended a recent rally to end Thursday slightly higher, having fluctuated through the day as investors... Read more

US Stocks End Slightly Higher After Inflation Spike

Wall Street stocks finished a choppy session modestly higher on Wednesday, gaining for a second straight day following d... Read more

US Inflation Rises At Fastest Pace In Nearly 40 Years

US consumer prices rose seven percent over 2021, the government announced on Wednesday, confirming the potency of the in... Read more

Hong Kong Stocks Finish With Strong Gains

Stocks rallied in Hong Kong on Wednesday as global markets were boosted by comments from Federal Reserve boss Jerome Pow... Read more