Hong Kong stocks remain favourable, as attractive valuations and easing tariff uncertainty have enhanced the predictability of corporate earnings on the city’s stock market, according to US fund manager Franklin Templeton. The firm, which manages US$1.5 trillion of assets worldwide, was “constructive” on Hong Kong and mainland China’s stock markets, as the valuations remained reasonable…
Hong Kong will step up efforts to lure foreign investment and venture into new markets amid geopolitical challenges and trade tensions, as it teams up with mainland Chinese businesses to seize opportunities abroad, the city leader has said. The vow by John Lee Ka-chiu on Sunday came as Financial Secretary Paul Chan Mo-po revealed that…
Hong Kong will step up efforts to lure foreign investment and venture into new markets amid geopolitical challenges and trade tensions, as it teams up with mainland Chinese businesses to seize opportunities abroad, the city leader has said. The vow by John Lee Ka-chiu on Sunday came as Financial Secretary Paul Chan Mo-po revealed that…
Putin BOMBARDS Kharkiv; Ukraine Emergency Services Take Cover As Russian Kamikaze Drones Strike Russia unleashed a wave of destruction across Ukraine using guided bombs, ballistic missiles, and kamikaze drones, striking multiple cities overnight. Kharkiv suffered the brunt of the assault, with dramatic footage showing emergency workers taking cover amid renewed Russian attacks. Fires erupted, buildings…
European Commission President Ursula von der Leyen told Chinese leader Xi Jinping that the bloc’s ties with his country “have reached an inflection point,” opening a summit shadowed by tensions spanning trade to the war in Ukraine. “As our cooperation has deepened, so have the imbalances,” von der Leyen said on Thursday, according to her…
BEIJING (Reuters) -Chinese state firm employee Zhang Jinming makes up for a 24% cut to his salary by delivering food for three hours every night after work and on weekends – and hopes he can avoid awkward encounters with colleagues. “Being a part-time delivery person while working for a state-owned enterprise isn’t exactly considered respectable,”…
June’s Consumer Price Index (CPI) is expected to show prices rose at a faster clip compared to May. The report, due Tuesday at 8:30 a.m. ET, comes as investors closely monitor whether President Trump’s tariffs are starting to filter through to what consumers pay, even as inflation data has so far remained more resilient than…
June’s Consumer Price Index (CPI) is expected to show prices rose at a faster clip compared to May. The report, due Tuesday at 8:30 a.m. ET, comes as investors closely monitor whether President Trump’s tariffs are starting to filter through to what consumers pay, even as inflation data has so far remained more resilient than…
US stock futures pulled back on Monday as Wall Street braced for a turbulent week, with renewed trade tensions and a wave of second-quarter earnings set to test investor sentiment. Futures tied to the S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) dropped 0.5%. Dow Jones Industrial Average futures (YM=F) also fell around 0.5%,…
US stock futures fell Sunday evening as Wall Street braces for a turbulent week, with renewed trade tensions and a wave of second-quarter earnings set to test investor sentiment. Futures tied to the S&P 500 (ES=F) slid 0.4%, while Nasdaq 100 (NQ=F) futures dropped 0.4%. Dow Jones Industrial Average (YM=F) futures also fell around 0.4%….