Hong Kong’s HK$50 billion Silver Bonds attract senior citizens amid rate-cut expectations

Hong Kong’s HK$50 billion Silver Bonds attract senior citizens amid rate-cut expectations

Hong Kong banks and brokers reported keen interest in the latest batch of Silver Bonds compared with last year after subscriptions opened on Monday. HSBC, the biggest of the city’s three currency-issuing banks, said application volumes and values were higher compared with the first day of sales last year. “The share of digital submission continues…

Read More
Apple announces additional $100 billion in US investment, following Trump iPhone tariff threat

Apple announces additional $100 billion in US investment, following Trump iPhone tariff threat

Apple (AAPL) revealed plans to invest an additional $100 billion in US manufacturing commitments during a press event at the White House with President Trump on Wednesday. The move follows Apple’s prior $500 billion investment in US spending, which includes working with partners to build an AI server plant in Texas. Shares of Apple climbed…

Read More