Former Hong Kong media boss Jimmy Lai Chee-ying has said he misjudged how effective a United States law enabling economic sanctions against city officials would be, despite lobbying for its passage amid anti-government protests in 2019. Lai initially told his marathon national security trial on Thursday that he was “not interested” in the Hong Kong…
US stocks faltered before the bell on Thursday, pulling back from a bid for fresh records as AI optimism waned and markets waited for more detail on President Donald Trump’s tariff plans. S&P 500 futures (ES=F) slipped roughly 0.2%, coming off a three-day win streak that saw the benchmark index close Wednesday on the cusp…
(Bloomberg) — The S&P 500’s recent leg higher has been missing an important ingredient: inflows from big-money managers. For those betting on a further rally, that’s a welcome development. Most Read from Bloomberg As the benchmark gauge inched higher so far in January, institutional investors reduced their bullish wagers amid uncertainty about President Donald Trump’s…
Hong Kong stocks fell after China’s action plan to boost the nation’s markets through long-term investments failed to impress investors, while the threat of tariffs from US President Donald Trump also weighed on sentiment. The Hang Seng Index fell 0.5 per cent at 19,686.62 as of 2.34pm local time, after rising as much as 1.3…
By Casey Hall SHANGHAI (Reuters) – More than half of the American businesses in China, the highest level in five years, say they are concerned about a further deterioration in the bilateral relationship between the world’s two largest economies, a survey published on Thursday shows. The annual survey by the American Chamber of Commerce (AmCham)…
LONDON (Reuters) – Oracle shares jumped nearly 9% in Frankfurt on Wednesday, after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, together with OpenAI and SoftBank. The joint venture, called Stargate, plans to invest $500 billion, Trump said at the White House the previous day. Oracle shares…
Country singer Carrie Underwood (R) with US Vice President JD Vance (L) and US President Donald … [+] Trump (C) after performing ‘America the Beautiful’ during their inauguration ceremony in the rotunda of the United States Capitol in Washington, DC, on January 20, 2025. (Photo by SHAWN THEW / POOL / AFP) (Photo by SHAWN THEW/POOL/AFP…
TikTok denied evidence linking the incident to its platform. Asanka Ratnayake/Getty Images Albania’s Prime Minister Edi Rama announced plans to ban TikTok for a year, citing the platform’s role in inciting violence and bullying among children, the app’s largest user base in the country. The decision comes after the fatal stabbing of a teenager by…
(Reuters) – U.S. stock index futures were muted on Tuesday after the S&P and the Nasdaq notched record high levels in the last session, with focus on a crucial jobs report later this week along with more data and commentary from Federal Reserve officials. October’s job openings and labor turnover survey (JOLTS) report is due…
By Toby Sterling AMSTERDAM (Reuters) – Lighting maker Signify is considering moving some of its production out of China if the company is confronted with a new round of U.S. tariffs, its chief executive said on Friday. Signify, the world’s biggest maker of lights, is looking at production sites in India, Indonesia and changing existing…