VW-Xpeng Deal Is Evidence of China’s Growing EV Dominance
German auto giant Volkswagen AG’s $700 million investment in Xpeng Inc. is a vote of confidence in the
2023-07-27 11:45
Asian markets rally as traders bet on end to Fed rate hikes
Equity markets rose Thursday on hopes that the Federal Reserve's latest interest rate hike will be its last as data indicates inflation is being brought under control and the US...
2023-07-27 11:29
Oil Resumes Rally as Asian Equities Gain, US Inventories Decline
Oil advanced, tracking gains in wider Asian equity markets, after US crude inventories declined and the Federal Reserve
2023-07-27 11:28
Hong Kong Dollar in Strong Half of Trading Band on Rate Hikes
Hong Kong’s currency has risen above the mid-point of its trading band against the dollar for the first
2023-07-27 11:27
Bud Light maker to lay off hundreds of US corporate staff after sales slump - CNN
Anheuser-Busch InBev, whose Bud Light sales have recently slumped in the United States, will lay off hundreds of
2023-07-27 11:24
Hong Kong’s Hang Seng Tech Index Rises 20% From May Low
A gauge of China tech shares traded in Hong Kong extended gains from a May low to 20%
2023-07-27 11:20
Hong Kongers Set to Get Longer Visa-Free Time in Malaysia
Hong Kongers are set to get longer visa-free stays in Malaysia, according to people with direct knowledge of
2023-07-27 10:57
Bank of Korea tweaks lending facility to boost liquidity
SEOUL South Korea's central bank said on Thursday its monetary policy board decided to reform its standing lending
2023-07-27 10:53
HKMA ups rates, matching Fed, says banks' bad loans remain steady
HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount
2023-07-27 10:50
Asian shares climb after Fed hikes as expected; eyes on Europe, Japan
By Stella Qiu SYDNEY Asian shares advanced and the dollar fell on Thursday after a well-flagged U.S. rate
2023-07-27 10:47
Dollar on Back Foot as Fed Axes One of Bears’ Top Hurdles
Dollar weakness looks to have room to run after the Federal Reserve said further interest rate hikes would
2023-07-27 10:45
BOJ to keep ultra-low rates, may debate fine-tuning yield cap
By Leika Kihara TOKYO As aggressive U.S. interest rate hikes look like they might be nearing an end,
2023-07-27 10:25
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