4 d. ago Chinese smartphone maker Honor moves closer to onshore share listing

China’s fourth-largest smartphone maker Honor took an important step towards a domestic stock market debut on Thursday by filing documents with securities regulators. The company completed initial public offering (IPO) counselling recordation, the formal filing of pre-IPO guidance with the China Securities Regulatory Commission (CSRC). The step is required for companies seeking to list mainland shares, known as A shares. The Shenzhen-based company, a spin-off from smartphone and...

Politics

4 d. ago How unique US advantages are fuelling Trump’s reckless behaviour

If there is one theme that has dominated financial markets since US President Donald Trump began his second term, it is the future of “American exceptionalism”. This is the notion that US assets deserve to be valued more highly because of the US dollar’s role as the world’s pre-eminent reserve currency, America’s huge natural and human resources, deep and transparent capital markets and the dominance of US technology companies in global stock market indices. Some investment strategists believe...

Politics

5 d. ago 8 arrested in Hong Kong after HK$46 million lost in investor phishing scams

Hong Kong police have arrested eight people for allegedly making unauthorised stock transactions, manipulating the market and using phishing scams to swindle about HK$46 million (US$5.8 million) out of more than 130 victims based locally and overseas. Senior Superintendent Fanny Kung Hing-fun of the force’s commercial crime bureau said police had arrested seven men and one woman over two separate phishing cases, with one targeting locals and the other going after overseas investors. Both cases...

Economics

7 d. ago Trump thanks Iran for ‘early notice’ after attacks US military base in Qatar

The Middle East crisis appeared to widen after Iran struck back against the United States by firing missiles at an American military base in Qatar, a development that built on weeks of rising tensions between arch-rivals Iran and Israel – and now, Israel’s key ally, the US. The scale of Iran’s attacks on Monday were limited, and an earlier report of a missile targeting a US base in Iraq on Monday turned out to be false, sending key stock market indices higher and oil prices lower. And, US...

Events

8 d. ago Zhejiang Sanhua shares drop in Hong Kong trading debut as IPO frenzy stalls

Chinese heating systems supplier Zhejiang Sanhua Intelligent Controls had a tepid trading debut in Hong Kong on Monday, with investors selling shares following the initial public offering (IPO) frenzy. Trading under the code 2050, the stock began trading at HK$20.95 amid a declining market, 7.2 per cent lower than its offer price of HK$22.53, in an upsized offering that raised HK$9.3 billion (US$1.2 billion). Sanhua’s lack-lustre debut was the first decline in the four billion-dollar stock...

Politics

1 week ago Stock market today: S&P 500, Nasdaq fall with focus on Trump Iran decision, Fed rate cuts, China chip tensions

Stock market today: S&P 500, Nasdaq fall with focus on Trump Iran decision, Fed rate cuts, China chip tensions  Yahoo Finance

Politics

1 week ago HKEX displays iconic gong across city to mark 25 years as listed entity

Hong Kong Exchanges and Clearing (HKEX), operator of Asia’s third-largest stock market, is taking its iconic gong on a tour of the city over the next two weeks to commemorate 25 years as a listed company. The exchange operator will display the gong, used for listing ceremonies, on a truck alongside a first-generation trading booth at nine locations from Friday until July 3. The HKEX completes a quarter century as a listed entity on June 27. The public can view the display at tourist spots like...

Politics

2 w. ago Despite setbacks, Seoul’s property market is an example of resilience

South Korea has been in the spotlight of late. Earlier this month, Lee Jae-myung, the candidate of the left-leaning Democratic Party of Korea, won a decisive victory in the country’s presidential election. This marked a turning point for Asia’s fourth-largest economy following months of political turmoil stemming from the failed attempt by Lee’s conservative predecessor to impose martial law. Investors in South Korea’s stock market have been encouraged by Lee’s pledge to implement governance...

Politics

2 w. ago Stock market comeback pauses despite tame inflation data, China

Stock market comeback pauses despite tame inflation data, China-U.S. trade framework: Live updates  CNBC

Economics

2 w. ago Stock market today: Dow, S&P 500, Nasdaq futures slip as US, China reach trade plan, with CPI inflation on deck

Stock market today: Dow, S&P 500, Nasdaq futures slip as US, China reach trade plan, with CPI inflation on deck  Yahoo Finance

Economics

2 w. ago Stock market today: S&P 500, Nasdaq have records back in sight as stocks gain amid US

Stock market today: S&P 500, Nasdaq have records back in sight as stocks gain amid US-China trade talks  Yahoo Finance

Economics

2 w. ago Stock Market News Today: Dow, Nasdaq Climb; Investors Eye U.S.

Stock Market News Today: Dow, Nasdaq Climb; Investors Eye U.S.-China Trade Talks — Live Updates  WSJ

Economics

2 w. ago Stock market today: Dow, S&P 500, Nasdaq edge higher in wait for clues on US

Stock market today: Dow, S&P 500, Nasdaq edge higher in wait for clues on US-China trade talks  Yahoo Finance

Politics

2 w. ago Stock market today: Dow, S&P 500, Nasdaq little changed in wait for clues on US

Stock market today: Dow, S&P 500, Nasdaq little changed in wait for clues on US-China trade talks  Yahoo Finance

Politics

2 w. ago Stock Market Today: Dow, S&P 500 Edge Higher; Investors Eye U.S.

Stock Market Today: Dow, S&P 500 Edge Higher; Investors Eye U.S.-China Trade Talks — Live Updates  WSJ

Economics

2 w. ago Stock market today: Dow, S&P 500, Nasdaq tread water in wait for clues on US

Stock market today: Dow, S&P 500, Nasdaq tread water in wait for clues on US-China trade talks  Yahoo Finance

Politics

3 w. ago Stock market today: Dow, S&P 500, Nasdaq futures tread water as US

Stock market today: Dow, S&P 500, Nasdaq futures tread water as US-China trade talks enter second day  Yahoo Finance

Politics

3 w. ago Shipping activity to the U.S. from China just flashed a hopeful sign for the stock market

Shipping activity to the U.S. from China just flashed a hopeful sign for the stock market  MarketWatch

Politics

3 w. ago Stock market today: S&P 500, Dow, Nasdaq edge higher as US and China reboot trade talks

Stock market today: S&P 500, Dow, Nasdaq edge higher as US and China reboot trade talks  Yahoo Finance

Politics

3 w. ago Stock market today: S&P 500, Dow, Nasdaq mixed as US and China reboot trade talks

Stock market today: S&P 500, Dow, Nasdaq mixed as US and China reboot trade talks  Yahoo Finance

Politics