Overseas, Hong Kong’s Hang Seng Index is down 1.2% ... Stock in Boeing (BA)—the aircraft maker—are up 0.6% as well on the news. More bank earnings are on tap Wednesday. JPMorgan Chase (JPM) and Wells ... ( read original story ...)
Hong Kong stocks drop as IMF flags deep global recession
IMF says HK economy to contract 4.8% in 2020 BEIJING/SHANGHAI, April 15 (Reuters) - Hong Kong’s benchmark share index ended lower on Wednesday as forecast of a deep recession this year by the ... ( read original story ...)
Dow Futures Drop, Bank of America Falls, UnitedHealth Gains
S tock futures were pointing to a lower open Wednesday morning. Bank of America stock was falling after reporting earnings, while UnitedHealth was rising. Stock futures were point ... ( read original story ...)
The Zacks Analyst Blog Highlights: Bank of America, Citigroup, Koninklijke Philips, Zoom Video and The Clorox Company
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks ... ( read original story ...)
Stocks Trade Mixed With Earnings Season Ramping Up: Markets Wrap
Stocks in Europe fell along with American equity-index futures on Wednesday as a risk-off mood took hold while investors scoured corporate earnings to gauge the impact of the coronavirus outbreak. The ... ( read original story ...)
Breakingviews – Corona Capital: Bank credit lines, Renault
Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. BALANCE SHEET BLUES. Borrowers are rushing to ... ( read original story ...)
Global stocks, oil price sink on grim forecasts
Global stocks and oil prices have sunk after the International Monetary Fund said the world economy will suffer its worst year since the Great Depression of the 1930s due to the coronavirus pandemic. ( read original story ...)
Hong Kong may still be among the best places to ride out ‘self-isolation’
Mike Graham, presenter of TalkRadio’s morning programme in Britain, has recently been on a telephonic trip around the world finding out how faraway places are combating the coronavirus transmission, ... ( read original story ...)
Former JPMorgan banker set to launch virtual insurance start-up with focus on medical coverage for pets
coverage with a focus on pets, after winning an operating licence on Wednesday as innovation in Hong Kong financial markets gains traction. OneDegree, founded in 2016 by Alvin Kwock Yin-lun and ... ( read original story ...)
China’s top official in Hong Kong pushes for national security law
Luo Huining says region’s pro-democracy movement is threat to ‘one country, two systems’ principle ... ( read original story ...)
Public barred from viewing voter registry again after Hong Kong police group granted injunction ahead of appeal
A police group has won an interim injunction preventing the public from viewing electoral registry information upon launching an appeal against a Hong Kong court’s ruling last week. Last Wednesday, ... ( read original story ...)
Modi’s Goldilocks moment: Hong Kong model of lockdown, Wuhan or South Korea
McKinsey estimates that a prolonged lockdown ... were still afresh in many people’s minds. Through steps such as these, Hong Kong was not only able to slow the spread of the coronavirus but also keep ... ( read original story ...)
Hong Kong startup Neat raises $11M Series A to give small companies more financial services
Neat, a Hong Kong-based fintech startup, announced today that it has raised a $11 million Series A to help small businesses do cross-border trade. The round was led by Pacific Century Group, with ... ( read original story ...)
Hong Kong fintech startup Neat raises $11 million Series A to give small companies more banking services
Neat, a Hong Kong-based fintech startup, announced today that it has raised a $11 million Series A to help small businesses do cross-border banking. The round was led by Pacific Century Group, with ... ( read original story ...)