Oil prices slipped on Wednesday after climbing for three straight sessions, as investors closely tracked developments around the fragile ceasefire in the Iran war and awaited a high-stakes summit between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing. Both benchmarks have mostly traded around or above the $100-per-barrel level since the U.S….
JPMorgan Chase (JPM) CEO Jamie Dimon said Monday that the financial world looks a lot like the heyday in the years ahead of the global financial crisis. “Unfortunately, we did see this in ’05, ’06, ’07, almost the same thing,” Dimon said at the firm’s annual investor day in New York on Monday. “The rising…
Hong Kong’s spending should not grow faster than its income, even though the city’s finances are improving, the financial secretary has said, added that the market expects the government to invest more to boost the economy. But Paul Chan Mo-po on Sunday also painted a rosy picture for the city’s retail sector, revealing that sales…
Vanuatu’s leader hopes to strengthen his country’s presence in Hong Kong as the Pacific island nation looks to tap the city’s regulatory expertise, financial markets and investment opportunities. Prime Minister Jotham Napat said on Wednesday that his country had established a “communication mechanism” during his trip to Hong Kong, to improve coordination and deepen ties…
BANGKOK (AP) — Asian shares tumbled on Tuesday, with benchmarks in Tokyo and Seoul sinking more than 3%, after Nvidia and other artificial-intelligence -related shares pulled U.S. stocks lower. U.S. futures dropped, with the contract for the S&P 500 down 0.6% while the future for the Dow Jones Industrial Average was down 0.4%. Computer chip…
Relations between Tokyo and Beijing have plummeted over Japanese leader’s recent remarks on Taiwan. Published On 17 Nov 202517 Nov 2025 Click here to share on social media share2 Share Japanese shares linked to the tourism industry have nosedived following China’s warning to its citizens against travelling to Japan. Relations between Tokyo and Beijing have…
BANGKOK (AP) — Shares were mostly lower in Asia on Monday while U.S. futures advanced after Wall Street’s lackluster finish to last week. Tokyo’s Nikkei 225 fell 0.3% to 50,226.67 after the government reported that the Japanese economy contracted at a 1.8% annual pace in the July-September quarter. The dollar rose against the Japanese yen,…
NEW YORK (AP) — U.S. stocks drifted around their records in a mixed day of trading Wednesday. The S&P 500 added 0.1% and neared its all-time high set a couple weeks ago. The Dow Jones Industrial Average jumped 327 points, or 0.7%, to set a record for the second straight day, while the Nasdaq composite…
NEW YORK (AP) — Big Tech and other superstars of the U.S. stock market got back to rallying on Monday, and Wall Street recovered most of its loss from last week. The S&P 500 climbed 1.5% and clawed back nearly all its drop from last week, which was its first weekly loss in four. The…
US Senate vote to end shutdown delivers reprieve to investors worried about AI valuations and weakness in US economy. Published On 10 Nov 202510 Nov 2025 Click here to share on social media share2 Share Stocks from the United States to Japan have risen sharply amid hopes that an end to the longest US government…