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HONG KONG: Hong Kong is expected to confirm on Friday it plunged into recession for the first time in a decade, amid concerns the economy could be in even worse shape than feared as months of anti-government protests take a heavy toll.
NEW YORK: World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third quarter, adding to concerns about the U.S.-China trade war's impact on global growth.
Investors that bet on the rising fortunes of startups are finding it difficult to cash out at a profit
HONG KONG (Reuters) - Hong Kong is expected to confirm on Friday it plunged into recession for the first time in a decade, amid concerns the economy could be in even worse shape than feared as months of anti-government protests take a heavy toll.
BEIJING: The engines of China’s economy are spluttering, with exports falling, factory output slowing, investment growth at a record low and consumption coming off the boil.
KUALA LUMPUR: Sime Darby Bhd may be facing some obstacles in its motor business with the ongoing riots in Hong Kong and uncertainties surrounding the US-China trade conflict.
Tokyo: Japan’s economy slowed sharply in the third quarter as overall exports continued to fall amid trade tensions and a shopping splurge before a sales tax increase ran down stockpiles of goods.
WASHINGTON (Reuters) - The U.S. Congress should enact legislation that would suspend the special economic status Hong Kong enjoys under U.S. law should China deploy forces to crush protests in the territory, a congressional advisory body said on Thursday.
SHANGHAI (Reuters) - Alibaba's Hong Kong listing will not only land it US$13.4bil, it will also garner goodwill from Beijing to help the Chinese e-commerce giant weather the fallout of a damaging trade war.
ISKANDAR PUTERI: Johor needs to diversify its economic activities by exploring and tapping new economic sectors, says a state exco member.