Showing 1 - 8 of 8
China stocks sink on trade war fears; Hong Kong dives 8%
Reuters, Published on 07/04/2025
» SHANGHAI: Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of a widening global trade war and fears it will unleash a deep recession.
Evergrande’s billionaire chairman Hui under police surveillance
Bloomberg News, Published on 27/09/2023
» SHANGHAI - The billionaire chairman of beleaguered property developer China Evergrande Group, Hui Ka Yan, has been placed under police control, according to people with knowledge of the matter.
ECB sticks to planned rate hike despite turmoil
AFP, Published on 16/03/2023
» FRANKFURT: The European Central Bank stuck to a planned interest rate increase on Thursday as it remained laser-focused on battling sky-high inflation despite market turmoil over fears of a widening banking crisis.
Singapore plans further strengthening of crypto regulations
Bloomberg, Published on 19/07/2022
» Singapore intends to broaden the scope of cryptocurrency regulations and pushed back against claims that some recently collapsed digital-asset outfits were regulated in the city state.
HSBC announces $1 bn share buyback as 2021 profits double
AFP, Published on 22/02/2022
» HONG KONG - HSBC on Tuesday announced bumper 2021 profits and plans to repurchase shares worth up to $1.0 billion as the Asia-focused bank continues its recovery from the coronavirus pandemic and major restructuring.
Asia stocks dive as ECB bazooka fails to ease fears
AFP, Published on 19/03/2020
» HONG KONG: Asian equities sank again Thursday while the dollar surged as a European Central Bank plan to spend more than $800 billion to buy bonds failed to instil optimism in traders who fear that the world is heading for a virus-fuelled economic catastrophe.
US Fed to hike again but hints at pause in 2019
AFP, Published on 16/12/2018
» WASHINGTON: The US Federal Reserve is likely to raise interest rates in the coming week but policymakers have begun to signal they may take it a bit slower in 2019.
First A380s headed for scrapheap
Business, Reuters, Published on 06/06/2018
» SYDNEY: A German investment company said on Tuesday that it would strip two unwanted Airbus A380 superjumbo passenger jets for parts after failing to find an airline willing to keep them flying following a decision by Singapore Airlines to return them to their owner.