Hong Kong Financial News

01.03 / 10:39

markets UPS Manufacturing economy Headlines China's manufacturing activity contracts for 5th straight month despite policy support

Manufacturing in China contracted for a fifth consecutive month in February, according to an official survey of factory managers

01.03 / 10:39

markets UPS DOW Manufacturing economy show record high Stock market today: World stocks track Wall Street gains, Japan shares hit record high

Japanese stocks have again set a record, a day after U.S. stocks climbed to all-time highs

01.03 / 07:27

Man Maxim Justice electronic Department Courts Russian admits smuggling military-grade electronics from US

Russian man pleaded guilty on Thursday to illegally exporting electronics to Russia for possible military use, in violation of sanctions imposed after Moscow's invasion of Ukraine, the US Department of Justice said. Maxim Marchenko, who lived in Hong Kong, operated a network with two other unidentified Russians that fraudulently bought large quantities of military-grade microelectronics from American distributors on behalf of Russia-based end users, according to the DOJ.

01.03 / 05:09

supply stocks property asset Hong Kong's largest bitcoin ETF assets up five-fold since October

Hong Kong has been a relative latecomer to crypto trading, approving its first three cryptocurrency futures ETFs in late 2022.

01.03 / 03:07

markets UPS economy Nikkei show Updates Sensex Today | Share Market Live Updates : Gift Nifty over 200pts ahead, Indicates strong jump for benchmarks at open

Read the full story here.)Sensex Today Live : India’s GDP data for the third quarter of Financial Year 2023-24, released by the Statistics Ministry on February 29, revealed an unexpected 8.4% growth in the economy during the October-December quarter of FY 24. Economists were taken aback by this surge as they had estimated lower growth due to a slight decrease in government expenditure, sluggish industrial output growth, and an irregular monsoon during the third quarter.

01.03 / 02:27

Boeing Trade Apache country cover Department Boeing agrees to $51 million settlement for US export violations, including in China

export violations including Chinese employees in China improperly downloading documents related to U.S. Defense Department programs.

01.03 / 02:27

markets Reuters Manufacturing Trade reports recommendations Indian stock market: 10 key things that changed for market overnight - Gift Nifty, US inflation to India’s Q3 GDP data

Sensex gained 195.42 points, or 0.27%, to close at 72,500.30, while the Nifty 50 settled 31.65 points, or 0.14%, higher at 21,982.80. “Recent global economic data releases pushed investors back after a rally that was seen recently. Further, the US Fed’s preferred inflation gauge, personal consumption expenditures (PCE), holds key importance from an interest rate perspective.

29.02 / 23:43

Crypto Exchange SFC Hong Kong Ends Crypto Exchange License Applications, Noncompliant Platforms to Close by May 31

On February 29, Hong Kong’s Securities and Futures Commission (SFC) closed its crypto licensing portal, setting a May 31 deadline for non-compliant exchanges to cease operations.

29.02 / 08:37

markets UPS economy Universities song travelers Colleges Chinese firms step up hiring, but tight-fisted on pay

By Ellen Zhang, Xiaoyu Yin and Marius Zaharia

29.02 / 07:13

markets Citi pandemic Freedom show travelers Hong Kong lifts curbs on property market, to spend more on tourism

Hong Kong’s government is lifting some curbs on property deals after home prices fell to a seven-year low

29.02 / 05:01

Provident trends show Alibaba HK shares dip as cloud unit slashes prices to fuel AI growth

Investing.com-- Alibaba Group's (NYSE:BABA) Hong Kong shares fell on Thursday after the firm’s cloud unit slashed prices across most of its products, citing plans to increase access to artificial intelligence development in China.

28.02 / 16:46

Citi Target security country cover 2020 International Hong Kong's plan for a new security law deepens fears over eroding civil liberties

As Hong Kong moves toward enacting a new national security law, more than three years after Beijing imposed a similar law that all but wiped out dissent and vocal pro-democracy media in the semi-autonomous Chinese city, concerns are spreading among the...

28.02 / 13:36

Target security Software Research Universities information reports Welcome to the Era of BadGPTs

A new crop of nefarious chatbots with names like “BadGPT" and “FraudGPT" are springing up on the darkest corners of the web, as cybercriminals look to tap the same artificial intelligence behind OpenAI’s ChatGPT. Just as some office workers use ChatGPT to write better emails, hackers are using manipulated versions of AI chatbots to turbocharge their phishing emails.

28.02 / 08:21

UPS Man hospital travelers infection rights ‘Leg for a life’: B.C. man looks forward after amputation due to flesh-eating disease

Vancouver firefighter Christopher Won said he is just feeling lucky to be alive after a devastating diagnosis on his vacation forced the amputation of his lower leg.

28.02 / 07:07

SFC Matrixport Matrixport Files Virtual Asset Trading License Application with Hong Kong SFC

Matrixport applied for a virtual asset trading license with Hong Kong’s securities regulator on Feb. 26.

28.02 / 06:01

markets UPS Citi Waves security economy wellness Hong Kong scraps property tightening measures to aid economic recovery

By Clare Jim and James Pomfret

28.02 / 04:03

UPS economy performer country Courts Chinese property stocks slide as Country Garden faces liquidation bid

Investing.com-- Hong Kong-listed Chinese property stocks fell on Wednesday, coming under pressure from renewed concerns over a real estate meltdown after Country Garden (HK:2007) was slapped with a liquidation petition.

28.02 / 03:13

markets Nikkei Trade show country Courts Asian stocks Asian stocks muted as rate anxiety persists; Japan falls from record highs

Investing.com-- Most Asian stocks kept to a tight range on Wednesday amid persistent caution over higher-for-longer U.S. interest rates, with Japanese indexes pulling back from record highs as a tech-driven rally cooled.

28.02 / 03:09

markets UPS Provident Trade Cycling show testing Asian shares meander as US inflation test awaits; kiwi slides

Federal Reserve's easing cycle, while the New Zealand dollar fell sharply after the central bank softened its hawkish stance on rates. New Zealand's central bank held the cash rate steady at 5.5% on Wednesday, reiterating that previous rate hikes had helped dampen prices, but adding that the risk of further rate hikes had been reduced. The kiwi was last at $0.61235, down 0.75% on the day.

28.02 / 02:33

markets Remark WhatsApp show patient Gold Prices Gold prices firm ahead of US inflation print

Gold prices edged higher on Wednesday, as U.S. bond yields fell, while investor focus was on a key U.S. inflation print and remarks from several Federal Reserve officials this week for fresh clues on the central bank's interest rate trajectory.

28.02 / 02:23

markets Reuters Action Courts International Country Garden faces liquidation petition in new blow to China property sector

By Scott Murdoch and Clare Jim

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