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Markets mostly drop as oil...

HONG KONG: Most markets fell Wednesday...

Hong Kong: Hong Kong’s top...

HONG KONG -Hong Kong's top court...

Markets mostly drop as oil spike fuels fresh inflation fear

HONG KONG: Most markets fell Wednesday as a jump in oil prices to 10-month highs rekindled worries of another US Federal Reserve interest rate hike.The dollar eased slightly against its major peers after rallying Tuesday on new monetary tightening bets, though it remained elevated.The share selling came after US traders returned from a long weekend to spark a sell-off after Saudi Arabia and Russia said they would extend crude output cuts to the end of the year.The news, which surprised some owing to the length of time, sent...
Karl Jörg -
Business Profiles

Markets mostly drop...

HONG KONG: Most markets fell Wednesday as a jump in oil prices to 10-month highs rekindled worries of another US Federal Reserve interest...
Karl Jörg -
Global News

Hong Kong: Hong...

HONG KONG -Hong Kong's top court partially approved on Tuesday a landmark appeal by an LGBTQ activist for recognition of same-sex marriages, calling...
Karl Jörg -
Global News

Hong Kong saw...

HONG KONG: Hong Kong experienced its hottest summer on record this year, with the city seeing "record-breaking" temperatures, the government said Monday."Together with...
Karl Jörg -
Business Profiles

Global funds dump...

Global investors have been shedding China's blue-chip stocks during the longest stretch of outflows on record, showing even the nation's industry leaders are...
Karl Jörg -
Business Profiles

United States: Intel...

HONG KONG: Intel will terminate a $5.4 billion deal to acquire Israeli chip manufacturer Tower Semiconductor after China failed to sign off on...
Karl Jörg -
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