Category: Investing & Markets

Hong Kong's unemployment rate held steady at 2.9% from September to November, with the city's labour chief anticipating a tight labour market despite challenging external conditions. (Photo: HRD)
Estimated read time 2 min read
Hong Kong Investing & Markets

Hong Kong’s unemployment rate holds steady at 2.9%

  • Post Date 12/20/2023

Hong Kong’s unemployment rate has maintained its position at 2.9%, signaling a stable yet tight labour market in the city. This news comes from the [more…]

On Tuesday, the Bank of Japan unanimously decided to maintain its -0.1% interest rate and continue its yield curve policy. (Photo: Getty Images)
Estimated read time 2 min read
Investing & Markets Japan

Bank of Japan maintains negative interest rate policy

  • Post Date 12/19/2023

The Bank of Japan (BOJ) has decided to maintain its long-standing easy credit policy, keeping its negative benchmark interest rate unchanged. The central bank announced [more…]

Dec. 14, 2023 - Malaysian shares rose for the fourth straight session on Thursday, as the benchmark FTSE Bursa Malaysia KLCI climbed 0.6% to 1,456.26. (Photo: Daniel Chan | AP)
Estimated read time 2 min read
Investing & Markets Malaysia

Malaysian shares continue winning streak

  • Post Date 12/14/2023

Malaysian shares extended their winning streak for the fourth consecutive session, showcasing the resilience of the market. The benchmark FTSE Bursa Malaysia KLCI (FBMKLCI) surged [more…]

HighTide Therapeutics, a Chinese biotech company, significantly reduces its Hong Kong IPO size by 80% to $35.6 million from the initially targeted $200 million announced in May. (Photo: HighTide | X)
Estimated read time 3 min read
China Hong Kong Investing & Markets

HighTide Therapeutics sets sights on HK$278 million in Hong Kong IPO

  • Post Date 12/14/2023

Chinese biopharmaceutical manufacturer HighTide Therapeutics is gearing up for an initial public offering (IPO) in Hong Kong, with ambitions to raise HK$278 million (US$35.6 million), [more…]

Dec. 12, 2023 - In Q3, South Korean companies faced a decline in sales growth and profitability, revealed central bank data on Tuesday, attributing the downturn to higher borrowing costs and increased raw material prices during an economic slump. (Photo: AFP)
Estimated read time 3 min read
Investing & Markets South Korea

South Korean companies face profitability crunch amid economic challenges

  • Post Date 12/12/2023

In the face of a challenging economic environment, South Korean companies experienced a decline in sales growth and a narrowing of profitability in the third [more…]

November saw a marginal increase in prices for a variety of goods and services, largely meeting expectations and relieving pressure on the Federal Reserve. (Photo: Freepik)
Estimated read time 3 min read
Investing & Markets U.S.

U.S. inflation holds steady in November, easing pressure on the Federal Reserve

  • Post Date 12/12/2023

In November, prices across a wide range of goods and services in the United States experienced a marginal increase, aligning closely with economists’ expectations. The [more…]

The Starbucks boycott prompted RHB Bank to advise investors to sell their shares in Berjaya Food due to a 24% decline in stock price. (Photo: Inform Malaysia)
Estimated read time 2 min read
Investing & Markets Malaysia

Starbucks boycott in Malaysia sends Berjaya Food down

  • Post Date 12/08/2023

In a startling development, the ongoing boycott of Starbucks in Malaysia has triggered a series of cascading effects, leading financial institutions to issue warnings and [more…]

Dec. 5, 2023 - Moody's downgraded China's credit rating outlook from "stable" to "negative" due to increasing debt in the world's second-largest economy. (Photo: Trip Savvy)
Estimated read time 3 min read
China Investing & Markets

Moody’s downgrade serves as a clear indicator of the mounting concerns surrounding China’s economic challenges

  • Post Date 12/06/2023

In a significant development, global ratings agency Moody’s has downgraded the outlook on China’s credit rating from “stable” to “negative.” This decision comes on the [more…]