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'Uncertainty' Clouding US Recovery, Fed Chief Warns

Finance - Published date: .

A full US economic recovery will not occur until the American people are sure that the novel coronavirus epidemic has be... Read more

Govt Urged To Set Up Quarantine For New Maids

Breaking News - Published date: .

A group representing recruitment agencies for foreign domestic helpers on Sunday asked the government to provide central... Read more

Virus-hit UK Economy Shrinks 20% In April

Finance - Published date: .

Britain's economy shrank by more than a fifth in April from March, official data showed on Friday, as the first full mon... Read more

US Sees 1.54 Mn New Jobless Claims

Finance - Published date: .

Despite moves to reopen businesses nationwide, another 1.54 million US workers filed for unemployment benefits last week... Read more

Fed Confirms Rate To Remain At Zero Amid Pandemic

Finance - Published date: .

With the US economy still reeling from the damage inflicted by the coronavirus pandemic, the Federal Reserve confirmed o... Read more

World Bank Warns Of Steep Contraction Due To Virus

Finance - Published date: .

The coronavirus will cause global economic output to contract by 5.2 per cent this year, the World Bank said on Monday, ... Read more

Zoom Earnings Soar As Video Meets Become Norm

Finance - Published date: .

Zoom on Tuesday reported that its earnings soared as its video-meeting service became a popular way to work or socialise... Read more

Virus 'might Have Spread At Kwai Chung Warehouse'

Breaking News - Published date: .

Hong Kong on Sunday reported its first locally-transmitted Covid-19 cases in more than two weeks, raising fresh concerns... Read more

German Engineer Tests Positive For Covid-19

China - Published date: .

China announced on Sunday two new confirmed cases of coronavirus and four new asymptomatic cases, including one person w... Read more

New US Jobless Claims At 2.12mn, Lay-offs Pass 40mn

Finance - Published date: .

Another 2.12 million people filed for unemployment in the United States last week, pushing total lay-offs since the star... Read more

No New Covid-19 Cases Reported In HK On Sunday

Breaking News - Published date: .

Health authorities say there was no new confirmed cases of Covid-19 in Hong Kong as of 4pm on Sunday, with the number of... Read more

Another 2.4m US Workers Out Of Work Last Week

Finance - Published date: .

Another 2.43 million US workers were put out of work last week amid the coronavirus pandemic, according to government da... Read more

Chartered Flight Brings HK Residents Back From India

Breaking News - Published date: .

A chartered flight bringing stranded Hong Kong residents back from India arrived shortly after 6.30 on Monday morning. ... Read more

EU Urged To Put Chinese Buyouts On Hold

Finance - Published date: .

The European Union should impose a temporary ban on Chinese takeovers of companies that are currently undervalued or hav... Read more

Testing Continues As Another Covid-19 Case Confirmed

Breaking News - Published date: .

Health authorities were continuing efforts on Friday to try to test all residents at two housing blocks in Tsuen Wan whe... Read more

New US Jobless Claims Slow, But Still High At 2.98mn

Finance - Published date: .

New US claims for unemployment benefits continued to slow in the latest week but at 2.98 million showed the coronavirus ... Read more

'Pandemic Will Shrink World Economy By 3.2 Percent'

Finance - Published date: .

The United Nations is forecasting that the coronavirus pandemic will shrink the world economy by 3.2 percent this year, ... Read more

Emergency Spending Costly But Worth It: Fed's Powell

Finance - Published date: .

Crisis spending measures to confront the coronavirus pandemic are costly but worth the risk if they prevent even worse e... Read more

China Vows To Reform Disease Prevention System

China - Published date: .

The mainland will reform its disease prevention and control system to address weaknesses exposed by the coronavirus outb... Read more

Virus Sends US Jobless Total To Record 14.7pc

Finance - Published date: .

The US economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression ... Read more