HONG KONG (AP) — Asian stocks were mostly up Friday on the back of a near-record rally on U.S. stocks, as investors paid little attention to U.S. President Donald Trump’s latest tariff threats. Hong Kong’s Hang Seng index surged 3.69% to 22,620.33, while the Shanghai Composite was up 0.43% to 3,346.72. The Nikkei 225 slid…
Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in after-hours trading due to disappointing guidance for the current quarter. The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared with the same period in 2023. Profits…
HONG KONG (AP) — China on Tuesday announced a flurry of retaliatory measures against the U.S., including tariffs on imports of products such as coal, liquefied natural gas products and crude oil, as well as an antitrust probe into Google. It also placed two other U.S. firms on an unreliable entity list that could bar…
Six people have been detained over the collapse of a roof on an ice rink building in northeastern China last month, with investigators blaming the failure on poor engineering. Jilin provincial authorities said on Friday that the preliminary investigation indicated the collapse in the city of Baicheng was “a production safety accident caused by substandard…
The tycoon behind China’s RoyalFlush trading app has added $6 billion to his wealth since the nation’s stimulus blitz in September, underscoring how the volatility has been a boon for an elite few. Yi Zheng, an engineering graduate who founded the entity behind Hithink RoyalFlush Information Network Co. in 1994, four years after China’s stock…
Q: Over the past few months, I’ve watched as a vacant parcel of land on the east side of the Walmart distribution center has been transformed from an open field into a vast, level plot. I believe this area is set to become the second-largest distribution center in Walmart’s network. My question is: how many…
HONOLULU (Island News) – The Department of Emergency Management reported that an outage occurred for Honolulu’s 911 system on Sunday, November 17, 2024. Officials state that the system is currently down for customers using certain cell providers, including AT&T, Verizon and T-Mobile. The public is advised to contact 911 by using a landline phone. For…
Hong Kong has ranked ahead of Singapore in terms of having a larger fresh talent pool across five industries, including the emerging life sciences sector, in a survey of more than 30 economies by an international recruitment agency. The report published on Monday by Hays consistently ranked Hong Kong ahead of Singapore in each sector’s…