Hong Kong Headlines

  • Trump administration recommends stiff penalties on steel, aluminum imports

    WASHINGTON - The Trump administration is recommending an array of stiff tariffs and other tough trade actions on imports of steel and aluminum from China and other nations, saying the influx of foreign metals has compromised national security. In a call with reporters Friday, Secretary of Commerce Wilbur Ross laid out a variety of recommendations for President Trump to choose from, including a 24 percent tariff on all steel imports. The scope and severity of any...

    SFGate
  • 5 Takeaways From the 2018 Index of Economic Freedom

    The Heritage Foundation’s 2018 Index of Economic Freedom—an annual global study that compares countries’ entrepreneurial environments—was released earlier this month. Since 1995, the Index has... Read More The post 5 Takeaways From the 2018 Index of Economic Freedom appeared first on The Daily Signal.

    The Daily Signal
  • Exclusive: Walmart in talks to buy more than 40 percent of India's Flipkart

    MUMBAI (Reuters) - Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia's third-largest economy, two sources familiar with the matter said on Friday.

    www.reuters.com
  • Exclusive: Walmart in talks to buy more than 40 percent of Flipkart

    MUMBAI (Reuters) - Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia's third-largest economy, two sources familiar with the matter said on Friday.

    in.reuters.com
  • Exclusive: Walmart in talks to buy more than 40 percent of Flipkart, sources say

    MUMBAI (Reuters) - Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia's third-largest economy, two sources familiar with the matter said on Friday.

    in.reuters.com
  • Exclusive: Walmart in talks to buy more than 40 percent of India's Flipkart

    MUMBAI (Reuters) - Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia's third-largest economy, two sources familiar with the matter said on Friday.

    www.reuters.com
  • Asian shares extend bounce to fifth day, dollar sags to three-year low

    TOKYO (Reuters) - Asian shares rose for a fifth straight day on Friday as investor confidence slowly returns after a sharp sell-off earlier in the month, but the dollar continued its descent, hitting a three-year low against a basket of major currencies.

    www.reuters.com
  • Asian shares extend recovery into fifth day, dollar weak

    TOKYO (Reuters) - Asian shares extended their recovery from two-month lows into a fifth day on Friday as the Wall Street market volatility gauge fell, while the U.S. dollar was undermined by various worries including rising inflation.

    www.reuters.com
  • Chinese superstars steal new year show with first duet in 20 years

    BEIJING (Reuters) - Two of China's most famous and well-loved pop stars stole the show at state television's annual glitzy, often much mocked marathon show welcoming in the lunar new year on Thursday, singing their first public duet in two decades.

    in.reuters.com
  • Chinese superstars steal new year show with first duet in 20 years

    BEIJING (Reuters) - Two of China's most famous and well-loved pop stars stole the show at state television's annual glitzy, often much mocked marathon show welcoming in the lunar new year on Thursday, singing their first public duet in two decades.

    www.reuters.com
  • Chinese superstars steal new year show with first duet in 20 years

    BEIJING (Reuters) - Two of China's most famous and well-loved pop stars stole the show at state television's annual glitzy, often much mocked marathon show welcoming in the lunar new year on Thursday, singing their first public duet in two decades.

    in.reuters.com
  • World stocks steam higher as inflation fears suddenly fizzle

    LONDON (Reuters) - Stocks, bond yields and commodities steamed higher on Thursday while the dollar tumbled, as investors suddenly seemed to forget the inflation fears blamed for a brutal market sell-off in recent weeks.

    www.reuters.com
  • Asian shares track Wall St gains as inflation fears subside

    Asian shares posted solid gains on Thursday that mirrored Wall Street's advance as investors' worries over inflation receded, although trading was thin as some markets closed for Lunar New Year holidays. KEEPING SCORE: Japan's benchmark Nikkei 225 rose 1.5 percent to 21,464.98 and...

    ABC News
  • Stocks climb despite rise in U.S. inflation; dollar on defensive

    TOKYO (Reuters) - Asian stocks rose on Thursday after Wall Street brushed aside strong U.S. inflation data and surged, in a move that also saw the dollar pinned to two-week lows even as Treasury yields jumped in anticipation of more rapid U.S. interest rate hikes.

    www.reuters.com
  • China's ZTE says is trusted partner after U.S. concern

    BEIJING (Reuters) - Chinese telecoms equipment group ZTE Corp hit back on Thursday against concerns from U.S. lawmakers that it is a vehicle for Chinese espionage, saying it was a trusted partner of its U.S. customers, state news agency Xinhua reported.

    www.reuters.com
  • China's ZTE says is trusted partner after U.S. concern

    BEIJING (Reuters) - Chinese telecoms equipment group ZTE Corp hit back on Thursday against concerns from U.S. lawmakers that it is a vehicle for Chinese espionage, saying it was a trusted partner of its U.S. customers, state news agency Xinhua reported.

    www.reuters.com
  • China's ZTE says is trusted partner after U.S. concern

    BEIJING (Reuters) - Chinese telecoms equipment group ZTE Corp hit back on Thursday against concerns from U.S. lawmakers that it is a vehicle for Chinese espionage, saying it was a trusted partner of its U.S. customers, state news agency Xinhua reported.

    in.reuters.com
  • China reports first human case of H7N4 bird flu

    BEIJING (Reuters) - China has reported the first human case of the H7N4 strain of bird flu in a woman in an eastern coastal province, though she has since recovered.

    in.reuters.com
  • Stocks take U.S. inflation spike in stride and rally; dollar on defensive

    TOKYO (Reuters) - Asian stocks gained on Thursday after Wall Street brushed aside strong U.S. inflation data and surged, in a move that also saw the dollar pinned at two-week lows even as Treasury yields jumped in anticipation of more rapid U.S. interest rate hikes.

    www.reuters.com
  • Asian stocks rally despite U.S. inflation spike, dollar on defensive

    TOKYO (Reuters) - Asian stocks gained on Thursday after Wall Street brushed aside strong U.S. inflation data and surged, a counterintuitive move that also saw the dollar pinned at two-week lows even as Treasury yields jumped in anticipation of a quicker pace of U.S. interest rate hikes.

    www.reuters.com
  • Gaming firm Supercell 2017 profit drops as Clash of Clans sales cool

    HELSINKI (Reuters) - Mobile game maker Supercell reported a 20.5 percent drop in 2017 core profit on Wednesday due to falling revenue for its five-year old hit game Clash of Clans.

    in.reuters.com
  • Hong Kong lawyers say court affirms 'political screening' in elections

    HONG KONG (Reuters) - A group of Hong Kong lawyers expressed concern on Wednesday over a court decision allowing low-ranking government officials to vet election candidates in the Chinese-ruled city which they said amounted to "political screening".

    www.reuters.com
  • Mi mi mi: super fans of China's Xiaomi stoke IPO ambitions

    BEIJING/SHANGHAI (Reuters) - Wang Bin, 29, is a serious "mi fan", one of the ardent followers of Xiaomi Technology Co Ltd, the maker of smartphones and other electronic products that looks headed for a big initial public offering, perhaps as early as this year.

    in.reuters.com
  • Mi mi mi: super fans of China's Xiaomi stoke IPO ambitions

    BEIJING/SHANGHAI (Reuters) - Wang Bin, 29, is a serious "mi fan", one of the ardent followers of Xiaomi Technology Co Ltd, the maker of smartphones and other electronic products that looks headed for a big initial public offering, perhaps as early as this year.

    www.reuters.com