Worries about President Donald Trump’s tariffs are hurting U.S. stocks Monday as financial markets worldwide drop on concerns about a potential trade war.The S&P 500 was down 1.4% in early trading following similar losses for stock markets across Asia and Europe. The Dow Jones Industrial Average was down 435 points, or 1%, as of 9:35…
Jan 24, 2025 In a bid to secure the only residential land plot made available last quarter, six prominent Hong Kong developers have submitted their proposals, competing under the shadow of economic uncertainty and soaring interest rates. South China Morning Post reports the plot, situated in the New Territories, drew bids from major players including…
Pedestrians walk near an advertisement promoting the sales festival in Beijing. (Picture credit: AP) While the Western world is gearing up for Black Friday and Cyber Monday, China has already celebrated its biggest shopping extravaganza—Singles Day. Often overshadowing other global shopping events, Singles Day has grown from a niche celebration to a retail phenomenon, surpassing…
World shares edged off record highs on Monday as strife in the Middle East fuelled economic uncertainty, just as China shares posted their biggest one-day gain in 16 years thanks to Beijing’s latest raft of stimulus policies. World shares dipped from record highs amid Middle East tensions, while China’s stocks surged 8.5% due to government…