Tether CEO Paolo Ardoino Warns: ‘Many’ European Banks at Risk of Collapse in Coming Years

Staff Reporter Tether CEO Paolo Ardoino has issued a serious warning regarding the state of Europe's financial system, predicting that "many" banks on the continent...

Why Hertz Stock Soared 73% in April

Staff Reporter Shares of Hertz Global Holdings (HTZ) surged last month after billionaire Bill Ackman, head of Pershing Square Capital Management, announced he had acquired...

HK Market Minute

HKEX Set for Strong Year as Average...

Staff Reporter Analysts are optimistic about a bullish year ahead for the Hong Kong Exchange...

AIA Reports 81.2% Year-Over-Year Profit Surge for...

Staff Reporter AIA has announced a remarkable 81.2% year-on-year increase in its consolidated net income...

Cathay Pacific Sees Slight Increase in 2024...

Staff Reporter Cathay Pacific Airways, Hong Kong's flagship airline, announced a modest rise in its...

China’s Gold Imports via Hong Kong Soar 42%

Staff Reporter In March, China's gold imports through Hong Kong surged by 41.9% compared to...

CATL Poised for Hong Kong Stock Exchange Approval of $5 Billion Listing, Sources Say

  Staff Reporter Chinese battery powerhouse CATL is on track to receive approval from the Hong...

Hong Kong Exports Climb 15.4% to $327.9 Billion in February, Driven by Asian Markets

Staff Reporter Hong Kong's total goods exports saw an increase of 15.4% year-on-year, reaching HK$327.9...

Hang Seng Index Tumbles Further as Grim Earnings Forecasts Worry Investors

Hong Kong Stocks Experience Decline Amid Disappointing Earnings Reports In recent trading sessions, Hong Kong’s...

Report: Trade Tensions Blur Asia’s Economic Recovery Outlook

Staff Reporter According to a recent report by Morgan Stanley, Asia’s economic recovery is facing...

Alibaba Shares Surge to Three-Year High, Igniting Tech Rally on Strong Earnings

Staff Reporter Alibaba Group's Hong Kong shares surged to a three-year high on Friday, igniting...

Hang Seng Index Plummets 580 Points: Hong Kong Market Experiences 2.84% Loss

Understanding the Hang Seng Index: A Comprehensive Overview The Hang Seng Index (HSI) serves as...

Hong Kong Stocks Hover Near 2-Month Low as New World Falls Following Hang Seng Exclusion

Hong Kong’s Hang Seng Index: A Closer Look at Recent Market Trends The Hang Seng...

HK Property Sales Decline by 10.4%

In January 2025, the Land Registry reported a total of 4,938 sale and purchase...

China Macro Trends

China’s Gold Imports via Hong Kong Soar 42%

Staff Reporter In March, China's gold imports through Hong Kong surged by 41.9% compared to February, according to data released by the Hong Kong Census and Statistics Department on Monday. Despite this increase, China's net gold imports via Hong Kong remained below its exports for the...

BMW to Incorporate DeepSeek AI in Its Chinese Models This Year

  Staff Reporter BMW (ETR:BMWG) is set to incorporate artificial intelligence developed by DeepSeek into its...

Yuan Hits 2007 Lows as U.S. Tariffs on China Take Effect

Staff Reporter The Chinese yuan fell to its lowest level in over 17 years on...

Chinese Bubble Tea Chain Chagee Seeks U.S. Initial Public Offering

Staff Reporter Chinese bubble tea chain Chagee has officially filed for an initial public offering...

China’s DeepSeek Claims Potential Cost-Profit Ratio of 545% Daily

Staff Reporter On Saturday, Chinese AI startup DeepSeek revealed some financial data related to its...

Global Economic News

DOGE Savings Hit $160 Billion as Wasteful Contracts Get Cut

  Staff Reporter The Department of Government Efficiency (DOGE) has announced a significant milestone, with taxpayer savings reaching $160 billion, as detailed on the official DOGE...

Trump Tells Alabama Graduates: Use Your Business Skills to Strengthen America, Not Just Build Portfolios

Staff Reporter Your future is in your hands. Work hard, never give up, and strive...

Trump’s Budget Proposes $3.2 Billion for World Bank Fund Aimed at Poorest Nations

Staff Reporter On Friday, President Donald Trump urged Congress to approve $3.2 billion in contributions...

Survey: 40% of Tesla Owners Experience Vandalism Amid Soaring Insurance Costs

  Staff Reporter A recent survey indicates that over 40% of Tesla owners have faced vandalism aimed at their vehicles, yet fewer than 20% regret their purchase from Elon Musk. According to Kelley Blue Book, a study by Guardian Service—an organization that helps consumers find insurance—has highlighted...

U.S. Homeownership Rate Drops to Lowest Level in Five Years

Staff Reporter The homeownership rate in the United States has dipped to 65.1 percent in the first quarter of this year, down 0.6 percentage points...

Stock Market Insights

Gold Prices Surge: Should You Still Invest in the World’s Largest Gold Mining Company After a 40% Gain in 2025?

Staff Reporter Gold has held its value since the dawn of humanity and continues to...

Berkshire Hathaway Rises 12% This Year: Is It Still a Good Buy?

Staff Reporter As much of the U.S. stock market faces challenges in 2025, Berkshire Hathaway...

This Warren Buffett Stock Has Returned Over 42,000%: Should Investors Buy Now?

Staff Reporter In a fragmented market ripe for growth, one company stands out, having made...

Billionaire David Einhorn’s Hedge Fund Outperformed the Stock Market in Q1 2025: Here Are His Top 3 Holdings

Staff Reporter The first quarter of 2025 proved to be tumultuous for the S&P 500...

Why Hertz Stock Soared 73% in April

Staff Reporter Shares of Hertz Global Holdings (HTZ) surged last month after billionaire Bill Ackman, head of Pershing Square Capital Management, announced he had acquired a 19.8% stake in the car rental company, which has long struggled in the stock market. In a post on X,...

All articles

3 Key Takeaways from Warren Buffett’s Recent Moves

Staff Reporter When Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) shares its holdings, investors eagerly seek insights...

U.S. Homeownership Rate Drops to Lowest Level in Five Years

Staff Reporter The homeownership rate in the United States has dipped to 65.1 percent in...

India Set to Overtake UK as Largest Migrant Community in Australia: ABS

Staff Reporter Australia's population is becoming increasingly multicultural, with over 8.6 million residents born overseas—accounting...

Emirates Executive Reports No Impact from U.S. Tariffs, Remains Cautious

Staff Reporter Emirates Airlines has not experienced any effects from U.S. tariffs under President Donald...

Volkswagen Warns Tariffs Will Impact Profits as Earnings Plunge 40%

Staff Reporter Volkswagen (VOW3.DE, VWAGY) announced on Wednesday that it expects its profit margins for...

California Becomes the World’s Fourth-Largest Economy in 2024

Staff Reporter California Governor Gavin Newsom announced on April 23 that the state has now...