About 25 per cent of Hong Kong employers plan to cut staff in the next quarter, according to a human resources company’s survey, as the latest government figures showed the city’s unemployment rate reached a 30-month high of 3.5 per cent for March to May. Workforce solutions provider ManpowerGroup Greater China released its latest employment…
HONG KONG, May 20, 2025 /PRNewswire/ — Today marked the opening of the 2025 edition of Global Prosperity Summit (GPS2025), Hong Kong’s first-ever conference designed to address the most important geopolitical issues facing the world. Following the success of last year’s inaugural event, GPS2025 is reinforcing the city’s position as a super-connector by bringing together…
May 1 (Reuters) – Gold dipped to a two-week low on Thursday, pressured by signals of softening trade tensions and a holiday in top consumer China, while focus was also on Friday’s U.S. payrolls report to gauge the economic outlook. Spot gold was down 2% at $3,222.43 an ounce at 9:30 a.m. ET (1330 GMT),…
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WASHINGTON — President Trump insisted Thursday that a Chinese government spokesman was mistaken in denying trade talks to de-escalate massive tit-for-tat tariffs between the world’s two largest economies. “[China is] saying it’s ‘fake news’ that trade talks are happening,” a reporter prompted Trump at the White House. “Well, they had a meeting this morning,” the…
Hong Kong is in the “unfortunate” position of being caught in the crossfire of US President Donald Trump’s tariff policies, the American Chamber of Commerce in the city has said. The influential business group said on Monday that it supported the Hong Kong government’s stance that the city was a separate customs entity distinct from…
Hong Kong is in the “unfortunate” position of being caught in the crossfire of US President Donald Trump’s tariff policies, the American Chamber of Commerce in the city has said. The influential business group said on Monday that it supported the Hong Kong government’s stance that the city was a separate customs entity distinct from…
WASHINGTON (TNND) — A tit-for-tat trade war with China has continued to escalate this week with tariffs between the world’s two largest economies eclipsing well over 100% as Washington and Beijing refuse to back down in a fight that will have ripple effects on the rest of the world. China announced on Friday it was…
A look at the day ahead in European and global markets from Ankur Banerjee Fears of a sharp downturn in the global economy have sent markets convulsing once more, with action focused on currencies and bonds as the escalating U.S.-China trade war has investors throwing out the usual playbook and fleeing dollar-based assets. Stock futures…
(Reuters) -Wall Street’s main indexes fell hard again on Thursday on concerns over the impact of high tariffs on the global economy, marking a U-turn from the previous session’s historic gains when U.S. President Donald Trump moved to temporarily lower the levies on some countries. The renewed selling came a day after the new levies…