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Business 17 Feb 2021 | 7:00 AM

HK remains competitive as global financial hub

HONG KONG: As trading resumed on Hong Kong’s financial markets yesterday after the Chinese Lunar New Year holiday, officials of the global financial centre said Hong Kong has shown resilience and retained competitiveness over the past year despite the Covid-19 fallout.

World 29 Jan 2021 | 2:49 AM

2nd LD Writethru: U.S. economy contracts 3.5 pct in 2020 amid COVID-19 fallout

WASHINGTON, Jan. 28 (Xinhua) -- The U.S. economy contracted 3.5 percent in 2020 amid COVID-19 fallout, the largest annual decline of U.S. gross domestic product (GDP) since 1946, according to data released by the U.S. Commerce Department on Thursday.