Stocks have soared for the last two years since the October 2022 bear market low. Wall Street expects the gains to continue in 2025, predicting an average gain of about 8%. Here’s a complete rundown of Wall Street’s 2025 predictions. The stock market has been on a tear since its October 12, 2022 bottom, with…
US stocks fell on Monday as tech sector risks and upcoming inflation data worried investors. Nvidia shares dropped 3% on China’s probe into its 2020 acquisition of Mellanox. Investors await inflation data to gauge the potential for more Fed interest rate cuts. US stocks retreated from record highs on Monday as investors assessed a potential…
Secondary home prices increased 0.62 per cent to a reading of 290.1 in October from 288.3 in September, according to data from the Rating and Valuation Department. The latest reading on home prices covers the first full month following the interest-rate cut by the Hong Kong Monetary Authority in September, but only partially reflects the…
The S&P 500 has returned 26% so far this year. But with expectations sky-high, how long can the rally last? Some Wall Street experts warn of muted forward returns, and are making dot-com bubble comparisons. It’s been another banner year for the S&P 500 as impressive earnings and improving expectations have propelled the benchmark index…
Tesla stands to benefit from any removal of consumer tax credits on electric vehicle purchases. The move could hurt competitors more, CEO Elon Musk said. Tesla makes a vast majority of EVs sold in the US, but its lead has started to slip slightly. Thanks for signing up! Access your favorite topics in a personalized…
HONG KONG, Nov. 6, 2024 /PRNewswire/ — The October 2024 Global Sources Hong Kong Shows at AsiaWorld-Expo have concluded recently. The three-phase show program, spanning multiple sectors including Consumer Electronics, Electronic Components, Smart Home, Lifestyle, Sports & Outdoor, and Baby & Children, attracted nearly 5,000 premium Asian suppliers and showcased over 500,000 innovative products, setting…
Hongkonger Helena Cho*, 26, has difficulty reading and writing in Chinese, focusing on monotonous tasks and remembering things sometimes. Diagnosed with Chinese dyslexia and attention deficit hyperactivity disorder (ADHD) at 13, she graduated from Polytechnic University with a degree in fashion technology two years ago and found a job as a quality technician with a…
Hongkonger Helena Cho*, 26, has difficulty reading and writing in Chinese, focusing on monotonous tasks and remembering things sometimes. Diagnosed with Chinese dyslexia and attention deficit hyperactivity disorder (ADHD) at 13, she graduated from Polytechnic University with a degree in fashion technology two years ago and found a job as a quality technician with a…
Hong Kong stocks rose, paring back a loss for the week, after property sales in China returned to growth for the first time this year, adding to evidence of stabilisation in the world’s second-largest economy. The Hang Seng Index gained 0.5 per cent to 20,417.72 as of 9.47am local time, paring to 0.6 per cent…
Good morning. It is Saturday, Oct. 26. Here’s what we’re doing in Opinion. I really wanted to open with some whimsical meditation on the World Series between our Dodgers and the New York Yankees — how our beloved boys in blue playing this far into October has a way of shrinking this town like nothing…