City's economy is likely to grow between 2.5 and 3 per cent, ANZ chief economist Raymond Yeung says Beijing's recent measures will lead to more capital flows into Hong Kong equities, becoming a key driver of the city's growth in the Year of the Snake,
Owners registered 47,917 mortgages on various properties in 2024, the least since Centaline Property began tracking the data in 2000.
Chinese risk-free rates are at 20 year lows. This coupled with new policy moves may buoy the Hong Kong and Chinese markets.
The firm said only $5.6 million was spent developing the model. The programme's arrival has sparked competition fears, as tech titans -- including Nvidia, Meta and Alphabet -- have made huge investments worth hundreds of billions of dollars into AI products and sent their valuations soaring.
Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S. futures edged lower and oil prices fell after U.S. President Donald Trump called on oil-producing countries to reduce the price of crude,
HONG KONG, Jan 28, 2025 (BSS/AFP) - Japanese tech firms sank Tuesday after a sell-off in US titans following news of China's DeepSeek chatbot, while the dollar rallied on a report saying Washington was considering universal tariffs on a range of goods.
Massachusetts Senator Peter Durant wants the state to establish a strategic Bitcoin reserve amid global clamor for the coin.
LIVE: While initial cues showed a higher open for India, a global tech and AI-related selloff in stocks the previous day and other macro headwinds are likely to keep investors cautious
U.S. stock futures steadied, the dollar ticked higher and tech stocks in Asia slid on Tuesday following a wave of selling as apparent advances by a Chinese AI startup cast doubt on U.S. dominance and spending in one of the market's hottest sectors.
World shares declined as U.S. stocks fell from record highs, with European markets also dropping. Hong Kong's Hang Seng gained due to a Chinese AI startup.
Gold prices stabilized on Tuesday as markets anticipate the Federal Reserve's first meeting of 2025. Investors are closely monitoring how President Trump's policies may influence the Fed's stance on economic growth and inflation,
The Indian rupee has been on the depreciation path in the last few months due to various factors such as widening trade deficit, rising crude oil prices, a surge in the dollar index after the US Federal Reserve hinted at fewer rate cuts in 2025,