Tokyo's Nikkei 225 index gained 0.3% to 40,074.87 after the central bank raised its benchmark rate to about 0.5% from 0.25%, ...

On the supply side, Trump's national energy emergency declaration and his push for energy independence are significant drivers of bearish momentum, as the policies could likely turn the U.S. into a ...

The central bank's pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city's financial hub status China's central bank chief Pan Gongsheng promised to park more of ...

President Joe Biden is extending Deferred Enforced Departure (DED) for 24 months through Feb. 5, 2027, for any Hong Kong ...

Hong Kong will launch a new yuan-denominated trade finance scheme and expand the hours and scope of its Bond Connect program ...

Article IV Consultation with the Hong Kong Special Administrative Region (HKSAR), the International Monetary Fund (IMF) has ...

A rate divergence between the US and China erodes the city’s lure as a cheap place for companies to raise funds. It’s time to ...

Commissions do not affect our editors' opinions or evaluations. The Federal Reserve concluded 2024 with a quarter-point interest rate cut, bringing the target federal funds rate down to a range of ...

Stocks have soared in 2024, but a new presidential administration, a potential pivot by the Federal Reserve and shifting consumer sentiment could change market dynamics in 2025.

Michael Barr, the U.S. Federal Reserve’s vice chair for supervision, will step down from his position on Feb. 28 — or earlier, if a successor is confirmed — according to a Monday ...

Fixed income markets anticipate that the Federal Reserve will cut interest rates in 2025, but not by much. Short-term interest rates are expected to end 2025 close to 4%. That’s down from the ...

Hong Kong's Hang Seng Index climbed 0.7 percent ... role in shaping the global economic landscape. Similarly, the Federal Reserve's interest rate decisions later this month will provide critical ...