Asian shares advanced on Wednesday after most stocks slipped on Wall Street following a mixed set of reports on the U.S. economy. Hong Kong's Hang Seng gained 0.9% to 16,477.34, while the Shanghai ... ( read original story ...)
Apple Stock Rallies To 4-Month High—Market Cap Tops $3 Trillion Again
Apple’s market capitalization crossed the elusive $3 trillion threshold again Tuesday as its stock rallied to a four-month high amid projections about a booming holiday quarter for the Silicon Valley ... ( read original story ...)
Stock market today: Wall Street retreats after Moody’s downgrades China’s credit rating
In Asian trading, Hong Kong’s Hang Seng dropped 1.9% to 16,327.86, while the Shanghai Composite lost 1.7% to 2,972.30 ... could provide more insight into consumer spending and the jobs market. The government will release its October update on job ... ( read original story ...)
Moody’s cuts China credit outlook to negative, cites slowing economic growth, property crisis
Credit rating agency Moody’s has downgraded its outlook for Chinese sovereign bonds to negative, citing risks from a slowing economy and a crisis in its property sector ( read original story ...)
HSBC recognised as the best transaction, cash management bank at the CorporateTreasurer Awards
The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has been recognised as the best bank in two categories at the CorporateTreasurer Awards 2023. The categories are Best Cash ... ( read original story ...)
Stock market today: Asian shares slip ahead of key US economic reports
TOKYO -- Asian shares declined Tuesday on heavy selling of property and technology shares. U.S. futures slipped and oil prices were little changed. Hong Kong’s Hang Seng dropped 2.4% to 16,238.79, ... ( read original story ...)
More steps on anvil to hike financial oversight
China is capable of dealing with various financial risks and challenges, with more steps in the offing to step up financial oversight, officials and experts said. ( read original story ...)