Hong Kong's Hang Seng index sank 2.8% to 27,985.33 after Moody's cut its government credit rating by one notch to Aa3 from Aa2.
Hong Kong's Hang Seng index sank 2.8% to 27,985.33 after Moody's cut its government credit rating by one notch to Aa3 from Aa2.
Stocks sank in U.S. trading on Monday as the impact of the coronavirus spread over the weekend, leaving at least 81 people dead and more than 2,700 others infected in more than a dozen countries.
The S&P 500-stock index had its worst day since early October, ending down nearly 1% to 3295. The U.S. stock market benchmark also snapped a two-week winning streak.
Rate hike fears return to haunt stocks. ... as a slowdown in China and cuts in the mining and energy sectors continue to weigh. ... Market data provided by ICE Data Services.
U.S. stocks already tumbled on Thursday, sending the Dow industrials down by nearly 400 points, as credit-related anxiety was revived after BNP Paribas, France's largest bank, said it had halted ...
Hong Kong feels, and fears, China's tighter grip. ... HONG KONG - For decades, Hong Kong thrived as an Asian business hub, thanks to its killer combination of Western freedoms, independent courts ...
Ericsson withdraws from MWC 2020 over coronavirus fears. The Swedish telecoms company follows in the footsteps of LG in deciding not to put the health of employees at risk.
Amazon and Intel are the latest companies to pull out of Mobile World Congress (MWC) in Barcelona because of concerns over the coronavirus. The world's largest mobile trade show takes place Feb ...
Global stocks rise as China rebounds July 9, 2015 / 7:37 AM / AP HONG KONG - Asian stocks rebounded on Thursday as Chinese government measures aimed at stabilizing free-falling share prices took hold.
Global stocks sink as China currency drops ... China's government said the devaluation of the yuan was part of reforms meant to make its exchange rate more market-oriented. But the decision has ...
World stocks up as U.S. jobs, China exports improve. ... Hong Kong's Hang Seng rose 1.4 percent to 23,091.95. ... had previously been too discouraged to bother," said analysts at DBS Bank Ltd. in ...
The online retailer was also repeatedly criticized by President Donald Trump last week over its shipping deals with the U.S. Postal Service. Despite its recent losses, Amazon stock is still up ...
Global stocks wary on China trade, Europe talks ... over European finance ministers' progress at a meeting focused on easing Spain's banking crisis. ... of equity strategy for HSBC in Hong Kong. ...
Cathay Pacific Group said flights to 24 mainland destinations would be reduced to 240 weekly. The company owns Cathay Pacific Airways, cargo carrier Air Hong Kong, Cathay Dragon and Hong Kong Express.
Coronavirus could lead to drug shortages in U.S. The raging coronavirus outbreak that has shut down employers and paralyzed business in China could soon constrain the production of core ...
China has reported 254 coronavirus-related deaths in a single day, more than doubling the previous single-day fatality record. Authorities in the country are now confirming cases based on lung ...
Companies are also facing the challenge of supplying employees who have gone back to work with masks, gloves and other health supplies aimed at preventing the virus from spreading. Some 38% of ...
China's coronavirus outbreak is emerging not only as a global health emergency, but also as a business challenge for the thousands of U.S. and foreign companies that operate in the world's second ...
The government said it took the move due to the "worsening epidemiological situation" in China. ... Heathrow Ariel showed no rooms available for public booking until mid-March.
The suspension of flights to slow the spread of a deadly new virus is having a major impact on global flows of letters and parcels, say postal operators in the United States, China and elsewhere ...