The mainland's blue-chip stock index edged up on Friday and closed the holiday-shortened week near its lowest level in more than a year as a selloff in AI-related supply chain shares deepened, while Hong Kong stocks rebounded on gains in internet companies. The benchmark Hang Seng Index rose 425…
Asian stocks slipped on Friday and were poised for a second straight weekly drop as investors fretted about elevated energy prices, bond market ructions and the huge sums needed to fund AI investment. In Hong Kong, the benchmark Hang Seng Index opened up 155 points, or 0.65 percent, at 23,941 and…
The WTO on Thursday sharply raised its global trade growth forecast for 2026, with merchandise trade riding the AI boom and proving more resilient than expected amid the Middle East crisis. Thanks to supply chain adaptations and the surge in artificial intelligence investments, the World Trade…
The trust that holds US President Donald Trump's assets bought millions of US dollars' worth of Meta and SpaceX securities in August, according to a document released on Thursday. Although the trust is managed independently, the thousands of trades made since the start of Trump's second term have…
Oil prices soared on Thursday following reports that the United States could launch fresh attacks on Iran before next month's midterm elections, risking further supply disruptions. But the cost surge eased slightly after US President Donald Trump ruled out hitting Iran before the November vote,…
The price of fuel has soared as the cost of living emerges as a key issue for millions of Americans.
The prime minister says restrictions on what workers can do after leaving roles have "gone too far".