World Business News
Inflation up 1.8% YoY in August; Price hike seen in multiple categories
Without the effects of one-off relief measures, the inflation rate was lower.The consumer prices increased by 1.8% YoY in August 2023, the same as in [more]
Only primary care directory doctors allowed in government-funded programmes
These programmes include Elderly Health Care Voucher Schemes (EHVS).The Health Bureau said only doctors registered in the Primary Care Directory will be allowed to take [more]
HKMA retains base rate at 5.75%
Logo from HKMAThe move was in response to the Fed holding its interest rates steady.The Hong Kong Monetary Authority (HKMA) has retained its base rate [more]
OCBC joins HKEX’s OTC Clear
Logo from OCBCOTC Clear offers clearing services for USD/HKD and USD/CNH cross-currency swaps.OCBC will be a direct clearing member of OTC Clearing Hong Kong Limited [more]
Financial fitness is a major factor when it comes to the quality of life: Study
Developed markets scored lower than those in emerging markets. The overall quality of life index averaged 75 in 2023, whilst developed markets like Singapore and [more]
Kai Chiu Road, Haiphong Road emerge as retailers most favoured shopping streets
Photo by Jimmy Chan from PexelsRetail rents in Haiphong Road are now only 40% lower than pre-pandemic levels.The high demand for retail shops spanning 1,000 [more]
Hong Kong launches 1st offshore LNG terminal
Photo from HK Electric.The LNG will be supplied to CLP's Black Point Power Station and HK Electric's Lamma Power Station.CLP Power Hong Kong and the [more]
Hong Kong approved 19 building plans in July
It also gave the green light for eight building projects to start construction.Hong Kong's Buildings Department approved 19 building plans in July, of which eight [more]
Cathay Pacific launches premium travel master brand globally
Photo from Cathay Pacific.It said that Cathay Pacific will remain the brand of the airline.Cathay Pacific rolled out its new premium travel lifestyle brand "Cathay" [more]
UPDATE 1-Vietnam’s VNG delays $150 mln US IPO on volatile market conditions
S&P Futures4,381.00+9.00(+0.21%) Dow Futures34,384.00+47.00(+0.14%) Nasdaq Futures14,918.00+55.25(+0.37%) Russell 2000 Futures1,803.60+5.70(+0.32%) Crude Oil90.13+0.50(+0.56%) Gold1,945.60+6.00(+0.31%) Silver23.96+0.27(+1.15%) EUR/USD1.0620-0.0042(-0.39%) 10-Yr Bond4.48000.0000(0.00%) Vix17.540.00(0.00%) GBP/USD1.2256-0.0038(-0.31%) USD/JPY148.3160+0.7530(+0.51%) Bitcoin USD26,611.11-409.47(-1.52%) CMC Crypto 200567.47-8.79(-1.52%) FTSE 1007,657.83-20.79(-0.27%) Nikkei 22532,402.41-168.62(-0.52%) Advertisement Read More
Buy These Momentum Stocks as Fed Leaves Rates Unchanged but Markets Fall
S&P Futures4,381.00+9.00(+0.21%) Dow Futures34,384.00+47.00(+0.14%) Nasdaq Futures14,918.00+55.25(+0.37%) Russell 2000 Futures1,803.60+5.70(+0.32%) Crude Oil90.13+0.50(+0.56%) Gold1,945.60+6.00(+0.31%) Silver23.96+0.27(+1.15%) EUR/USD1.0619-0.0043(-0.40%) 10-Yr Bond4.48000.0000(0.00%) Vix17.540.00(0.00%) GBP/USD1.2254-0.0040(-0.33%) USD/JPY148.3120+0.7490(+0.51%) Bitcoin USD26,611.11-409.47(-1.52%) CMC Crypto 200567.47-8.79(-1.52%) FTSE 1007,657.83-20.79(-0.27%) Nikkei 22532,402.41-168.62(-0.52%) Advertisement Read More
How Xi Jinping is taking control of China’s stock market
When Jilin Joinature Polymer made its debut on the Shanghai Stock Exchange on September 20, it became the 200th company to float on China’s domestic [more]
US stocks tumble amid surging bond yields and potential government shutdown
S&P Futures4,381.00+9.00(+0.21%) Dow Futures34,382.00+45.00(+0.13%) Nasdaq Futures14,916.75+54.00(+0.36%) Russell 2000 Futures1,803.60+5.70(+0.32%) Crude Oil90.13+0.50(+0.56%) Gold1,945.70+6.10(+0.31%) Silver23.96+0.27(+1.15%) EUR/USD1.0619-0.0043(-0.40%) 10-Yr Bond4.48000.0000(0.00%) Vix17.540.00(0.00%) GBP/USD1.2254-0.0040(-0.33%) USD/JPY148.3160+0.7530(+0.51%) Bitcoin USD26,611.11-409.47(-1.52%) CMC Crypto 200567.47-8.79(-1.52%) FTSE 1007,657.18-21.44(-0.28%) Nikkei 22532,402.41-168.62(-0.52%) Advertisement Read More
GLOBAL MARKETS-Stocks slide as higher-for-longer sinks in; yen drops on BOJ
S&P Futures4,381.00+9.00(+0.21%) Dow Futures34,382.00+45.00(+0.13%) Nasdaq Futures14,916.75+54.00(+0.36%) Russell 2000 Futures1,803.60+5.70(+0.32%) Crude Oil90.13+0.50(+0.56%) Gold1,945.70+6.10(+0.31%) Silver23.96+0.27(+1.15%) EUR/USD1.0619-0.0043(-0.40%) 10-Yr Bond4.48000.0000(0.00%) Vix17.540.00(0.00%) GBP/USD1.2254-0.0040(-0.33%) USD/JPY148.3180+0.7550(+0.51%) Bitcoin USD26,611.11-409.47(-1.52%) CMC Crypto 200567.47-8.79(-1.52%) FTSE 1007,657.18-21.44(-0.28%) Nikkei 22532,402.41-168.62(-0.52%) Advertisement Read More
PRESS DIGEST- Wall Street Journal
S&P Futures4,381.00+9.00(+0.21%) Dow Futures34,384.00+47.00(+0.14%) Nasdaq Futures14,917.75+55.00(+0.37%) Russell 2000 Futures1,803.60+5.70(+0.32%) Crude Oil90.15+0.52(+0.58%) Gold1,945.70+6.10(+0.31%) Silver23.97+0.28(+1.17%) EUR/USD1.0619-0.0043(-0.40%) 10-Yr Bond4.48000.0000(0.00%) Vix17.540.00(0.00%) GBP/USD1.2254-0.0040(-0.33%) USD/JPY148.3150+0.7520(+0.51%) Bitcoin USD26,611.11-409.47(-1.52%) CMC Crypto 200567.47-8.79(-1.52%) FTSE 1007,656.79-21.83(-0.28%) Nikkei 22532,402.41-168.62(-0.52%) Advertisement Read More
Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street
S&P Futures4,381.00+9.00(+0.21%) Dow Futures34,384.00+47.00(+0.14%) Nasdaq Futures14,917.75+55.00(+0.37%) Russell 2000 Futures1,803.60+5.70(+0.32%) Crude Oil90.15+0.52(+0.58%) Gold1,945.70+6.10(+0.31%) Silver23.97+0.28(+1.17%) EUR/USD1.0619-0.0043(-0.40%) 10-Yr Bond4.48000.0000(0.00%) Vix17.540.00(0.00%) GBP/USD1.2254-0.0040(-0.33%) USD/JPY148.3170+0.7540(+0.51%) Bitcoin USD26,611.11-409.47(-1.52%) CMC Crypto 200567.47-8.79(-1.52%) FTSE 1007,656.79-21.83(-0.28%) Nikkei 22532,402.41-168.62(-0.52%) Advertisement Read More
Japan stocks cut early losses as BOJ keeps dovish stance
S&P Futures4,381.00+9.00(+0.21%) Dow Futures34,384.00+47.00(+0.14%) Nasdaq Futures14,917.75+55.00(+0.37%) Russell 2000 Futures1,803.60+5.70(+0.32%) Crude Oil90.15+0.52(+0.58%) Gold1,945.70+6.10(+0.31%) Silver23.97+0.28(+1.17%) EUR/USD1.0619-0.0043(-0.40%) 10-Yr Bond4.48000.0000(0.00%) Vix17.540.00(0.00%) GBP/USD1.2254-0.0040(-0.33%) USD/JPY148.3210+0.7580(+0.51%) Bitcoin USD26,611.11-409.47(-1.52%) CMC Crypto 200567.47-8.79(-1.52%) FTSE 1007,656.87-21.75(-0.28%) Nikkei 22532,402.41-168.62(-0.52%) Advertisement Read More
QUOTES-Markets’ reaction to BOJ holding policy steady
S&P Futures4,381.25+9.25(+0.21%) Dow Futures34,384.00+47.00(+0.14%) Nasdaq Futures14,919.25+56.50(+0.38%) Russell 2000 Futures1,803.70+5.80(+0.32%) Crude Oil90.15+0.52(+0.58%) Gold1,945.70+6.10(+0.31%) Silver23.97+0.28(+1.17%) EUR/USD1.0619-0.0043(-0.40%) 10-Yr Bond4.48000.0000(0.00%) Vix17.540.00(0.00%) GBP/USD1.2254-0.0040(-0.33%) USD/JPY148.3100+0.7470(+0.51%) Bitcoin USD26,611.11-409.47(-1.52%) CMC Crypto 200567.47-8.79(-1.52%) FTSE 1007,656.93-21.69(-0.28%) Nikkei 22532,402.41-168.62(-0.52%) Advertisement Read More
Nikkei Falls 0.5%, Dragged by Retail, Pharma Stocks
0620 GMT — Japanese stocks end lower, dragged by falls in retail and pharmaceutical stocks, as concerns persist about inflation and higher borrowing costs. Aeon [more]
EUR/CHF: Deprecation pressure on the Franc is likely to be limited – Commerzbank
Share: The Swiss National Bank surprised the market by refraining from raising interest rates further. As a result, the Franc depreciated. Economists at Commerzbank [more]
Shiba Inu’s Shibarium Records 2,992,341 Transactions and 1,249,976 Wallets – Can it Propel SHIB Price to $0.000015? – Crypto News Flash
SHIB token holders urged to migrate assets to Shibarium for token burns and low fees, while SHIB price eyes a 15% increase. Verified contracts surged [more]
BoJ’s Ueda: Could consider policy change when achievement of 2% inflation is in sight
Share: Bank of Japan (BOJ) Governor Kazuo Ueda is addressing the post-September policy meeting press conference on Friday, noting that they "could consider ending [more]
EUR/USD: An imminent turnaround looks unlikely – ING
Share: EUR/USD remains under pressure as Dollar strength dominates. Economists at ING analyze the pair's outlook. The Euro faces an event risk from today's [more]
IOTA and Shimmer: Pioneering the Feeless Future of the Billion-Dollar IoT Market
Shimmer’s Layer 1 offers feeless transactions. ShimmerEVM (Layer 2) presents smart contracts with customizable gas fees. As we delve deeper into the blockchain terrain, Shimmer [more]