News

HONG KONG -- More than five years ago, when New World Development asked banks in Hong Kong for a billion-dollar syndicated loan to fund the construction of a lavish shopping mall by the city's airport ...
It’s a possible sign that President Donald Trump’s wave of tariff letters is again raising concern among investors.
Stocks are opening lower on Wall Street, pulling the S&P 500 and the Nasdaq composite below the records they set a day ...
Global shares are mostly down on Friday after Wall Street closed at an all-time high with Delta Air Lines kicking off ...
Asian shares were mixed in cautious trading Friday after Wall Street closed at an all-time high with Delta Air Lines kicking off earnings season with a solid outlook for the rest of 2025, spurring an ...
DeFi was created to bypass reliance on intermediaries, but now it depends on centrally issued stablecoins, raising questions ...
Hong Kong authorities intervened for the fourth time in two weeks to prevent the city’s currency from weakening beyond its ...
Some investors hope the city will give up its peg to the U.S. dollar. They’re likely to keep hoping.
Ant Group plans to tap USDC for cross-border payment and treasury operations since it offers faster and more regulated ...
However, Fitch expects capital positions to improve through new business generation, issuance of capital securities, expanded reinsurance use, and active asset-liability management. While ...
Stock futures pointed to a lower open, losing ground gained in Wednesday's session that was driven by a rally in Nvidia shares. The expected fall comes as Trump unveiled a 50% tariff on Brazilian ...
Trump also turned his trade ire against Brazil on Wednesday as he threatened a punitive 50% tariff on exports to the US ...