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Asian stocks fall as investors fret over inflation
BEIJing HONG KONG Asian stocks followed a steep Wall Street selloff on Thursday, as investors fretted over rising global inflation, China's zero-COVID policy and Ukraine war, while the safe-haven dollar held most of its strong overnight gains. BEIJING HONG KONG ...
Updated: 05/19/2022
Stocks Suffer Steepest Rout in Near Two Years
... new outbreaks of Covid 19 in key cities. Policy makers have shown little signs of letting up on a Covid Zero policy, even though the damage to economic growth and businesses becomes more evident. The CSI 300 Index fell more than 1% on the mainland. Hong Kong's benchmark Hang Seng Index slid as much as 2.9%. Cars that are not used often become an expensive problem for online dealers like Carvana. None The Tighter Labor Market Is Making Restaurants More Like Factories
Updated: 05/19/2022
Asian equities fall 2% as Wall Street earnings squeeze
... The broadest index of Asia-Pacific shares outside Japan fell by 2% in early Asian trading hours, the first daily decline in a week. Japan's Nikkei fell 2.4%. It was lower because of the 1.5% loss for Australia's resource-heavy index, a 2.6% drop in Hong Kong stocks and a 1% retreat for blue chips in mainland China. Overnight on Wall Street, earnings from retail giants soured sentiment, with Target Corp warning of a bigger margin hit due to rising fuel and freight costs as it reported its quarterly profit ...
Updated: 05/19/2022
Hong Kong to distribute 170,000 rapid antigen test kits
On May 3, 2022, people walk across a street in Hong Kong. KIN ChEUNG AP HONG KONG Kong - The Hong Kong Special Administrative Region government said on Wednesday that it will distribute about 170,000 sets of the COVID 19 rapid antigen test parts of the CoVID 19 pre-government On May 3, 2022, people walk ...
Updated: 05/19/2022
KKR, PAG among those interested in HKBN
In the matter, Bloomberg KKR Co. and PAG are among the few people who are considering bids for Hong Kong telecommunications provider HKBN Ltd.HK telecom provider HKPN Ltd. According to people familiar with the matter, Bloomberg KKR Co. and PAG are among the few people who are considering bids for Hong Kong telecommunications provider HKBN Ltd. ...
Updated: 05/19/2022
Hong Kong commerce chief to attend APEC meeting to discuss trade
Passengers line up to be taken to the Hong Kong International Airport on April 1, 2022 after the city lifted a flight ban on nine countries because of the pandemic. Passengers line up to be taken to the Hong Kong International Airport on April 1, 2022 after the city lifted a flight ban on nine ...
Updated: 05/18/2022
Shenzhen, Guangzhou fourth among Chinese mainland cities to attract talent
China's Hong Kong and China report released on Tuesday by online recruitment platform Zhaopin and economic research team Zhing Hongguan, Shenzhen and Guangzhou ranked third and fourth among Chinese mainland cities in terms of attracting talent. According to a report ...
Updated: 05/18/2022
With opening of cross-harbor section of Hong Kong's East Rail Line, merchants use promotional activities
HONG KONG - With the opening of the cross-harbor section of the East Rail Line, merchants along the new line have used promotional activities to attract customers from other districts of Hong Kong. HONG KONG - With the opening of the cross-harbor section ...
Updated: 05/18/2022
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