25 h. ago Emerging markets to outperform US stocks as dollar weakness continues: report

Global investors should consider reducing their US equities exposure as emerging market stocks are on track to outperform those in developed nations for the first time in five years amid a weakening US dollar, according to global investment firm Cambridge Associates. The recommendation comes as the dollar has experienced significant weakness this year, falling by 10 per cent at one point after a decade-long bull run that started in 2011. However, the greenback still remains 29 per cent above its...

Politics

3 d. ago ‘Market is rotten’: Hong Kong fire exposes greedy building renovation business

Hong Kong’s worst blaze in seven decades has exposed an ugly open secret of a murky and rapacious building renovation business that is plagued by bid-rigging and skyrocketing costs even as it staves off feeble official efforts to tackle collusive conduct. Experts and former insiders offered this grim assessment, pointing to the city as a gold mine for such syndicates given its ageing stock of high-rise properties ripe for renovation. They made a collective call for an overhaul of the industry as...

Economics

8 d. ago Asia stocks rise tracking Wall St; China property jitters, stimulus in focus

Asia stocks rise tracking Wall St; China property jitters, stimulus in focus  Investing.com

Politics

1 week ago Asia stocks rise as Dec rate cut bets resurface; China lags on chipmaker losses

Asia stocks rise as Dec rate cut bets resurface; China lags on chipmaker losses  Investing.com

Politics

3 w. ago Global investors pull back, cautious over tech valuations and US labour

Global investors pull back, cautious over tech valuations and US labour  Reuters

Economics

3 w. ago End of shutdown starts long process of rebooting the US government

The longest government shutdown in US history has ended, but it could take days - and in some cases a week or more - before normal operations resume. Payroll systems must be updated to pay out weeks of back wages. Backlogs of grant disbursements, loan applications and customer calls that went unanswered for 43 days would need to be cleared. Delayed environmental permits, workplace inspections and contracting activities have stacked up across federal agencies. The work of reopening the government...

Politics

3 w. ago Stocks rise, dollar dips with focus on labor market, US government reopening

Stocks rise, dollar dips with focus on labor market, US government reopening  Reuters

Politics

3 w. ago Stocks rise, dollar falls with labor market, US government reopening, tech valuations in focus

Stocks rise, dollar falls with labor market, US government reopening, tech valuations in focus  Reuters

Politics

3 w. ago Stocks edge up, dollar falls with US government reopening, tech valuations and labor market in focus

Stocks edge up, dollar falls with US government reopening, tech valuations and labor market in focus  Reuters

Politics

3 w. ago Stocks rise as US shutdown nears end; niggles over tech persist

Stocks rise as US shutdown nears end; niggles over tech persist  Reuters

Events

3 w. ago China's yuan steady, investors monitor moves to reopen US government, domestic data

China's yuan steady, investors monitor moves to reopen US government, domestic data  TradingView

Politics

3 w. ago Hong Kong stocks rise as China’s consumer prices boost investor confidence

Hong Kong stocks rise as China’s consumer prices boost investor confidence  South China Morning Post

Economics

3 w. ago US shutdown may be nearing end as Senate Democrats support funding deal

The record-breaking US government shutdown is nearing an end after a group of moderate Senate Democrats agreed to support a deal to reopen the government and fund some departments and agencies for the next year, people familiar with the talks said. Under the agreement, Congress would pass full-year funding for the departments of Agriculture, Veterans Affairs and Congress itself, while funding other agencies through January 30. The bill would provide pay for furloughed government workers, resume...

Politics

3 w. ago US shutdown may be near end as some Senate Democrats support funding deal

The record-breaking US government shutdown is nearing an end after a group of moderate Senate Democrats agreed to support a deal to reopen the government and fund some departments and agencies for the next year, people familiar with the talks said. Under the agreement, Congress would pass full-year funding for the departments of Agriculture, Veterans Affairs and Congress itself, while funding other agencies through January 30. The bill would provide pay for furloughed government workers, resume...

Politics

3 w. ago US Senate clears first hurdle to end longest government shutdown

The US Senate on Sunday moved forward on a measure aimed at reopening the federal government and ending a now 40-day shutdown that has sidelined federal workers, delayed food aid and snarled air travel. In a procedural vote, senators advanced a House-passed bill that will be amended to fund the government until January 30 and include a package of three full-year appropriations bills. If the Senate eventually passes the amended measure, it still must be approved by the House of Representatives...

Politics

4 w. ago SF’s China Beach Reopens Amid Government Shutdown, Because Someone Did a GoFundMe

SF’s China Beach Reopens Amid Government Shutdown, Because Someone Did a GoFundMe  SFist

Politics