Hong Kong is a key beneficiary of mainland China’s high household savings rate . A spillover of capital into Hong Kong from the mainland’s overflowing reservoir of household savings could provide much-needed relief for Hong Kong, which is struggling with protracted economic and geopolitical uncertainties. While the mainland is subjected to capital controls , Hong
The Nigerian stock market’s performance does not accurately represent the broader economy, which remains largely informal and dominated by agriculture. Egie Akpata, Chairman of Skymark Partners, stated this during the Nairametrics Q4 Economic outlook themed- Nigeria Economic Outlook 2025 Focus: Exchange Rate, Interest Rate, Economic Growth, Geopolitics. Akpata’s analysis provided key insights into the capital
On November 29, Beijing-based 51World submitted its application to list on the Main Board of the Hong Kong Stock Exchange (HKEX) under Chapter 18C. This provision caters specifically to specialist technology companies, making 51World the fifth firm to seek this route. The joint sponsors, China International Capital Corporation (CICC) and Huatai Securities, are backing the
Stocks closed with solid gains as Wall Street put the finishing touches on one of its best months of the year By The Associated Press November 28, 2024, 11:39 PM NEW YORK -- Stocks posted solid gains as Wall Street put the finishing touches on one of its best months of the year. The S&P
South African Murray Roos, a former trader and ex-London Stock Exchange executive, left finance to launch LiveStockEx, an online livestock trading platform. Operating from his East Sussex farm, Roos aims to modernize cattle sales, reducing costs and inefficiencies of traditional auctions. Despite resistance from tradition-steeped farmers, tech-savvy users embrace the platform’s potential. Sign up for
Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week. The S&P 500 fell 0.4%, even though more stocks in the index notched gains than ended lower. The loss snapped a seven-day winning streak for the benchmark index. The Dow Jones Industrial Average fell
Synopsis The 30-share BSE Sensex closed down 105.79 points at 80004.06 Getty Images NEW DELHI: Power shares closed in the Tuesday's session. Hitachi Energy India Ltd.(up 5.81%), GMR Power and Urban Infra Ltd.(up 5.00%), Ravindra Energy Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), Reliance Power Ltd.(up 4.98%), Power and Instrumentation(Gujarat)Ltd.(up 3.96%), Gujarat Industries Power Company
The logo of the Adani group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. — Reuters India’s Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors last week accused its founder and other officials
It was yet another bearish session on the floor of the Nigerian stock market on Monday as downtrend extended on profit taking by investors. The All Share Index dropped by 0.21% to close at 97,626.27 points from the previous close of 97,829.02 points. The Market Capitalisation declined by 0.21% to close at N59.169 trillion from
News Grevic Alvarado 14 Hrs Ago President Donald Trump, right, and Vice President JD Vance gesture to attendees during the 60th Presidential Inauguration in the Rotunda of the US Capitol in Washington, on January 20. - AP Photo On January 20, his first day back in office as US President, Donald Trump reportedly signed close
News Paula Lindo 14 Hrs Ago Reginald Armour - The final report from the investigative team appointed by the Attorney General appointed to inquire into the circumstances surrounding a missing file in a malicious prosecution lawsuit brought by nine men acquitted of the murder of Vindra Naipaul-Coolman has found no disciplinary offence or criminal or
News Mya Quamie 14 Hrs Ago Opposition Senator Wade Mark speaks during a sitting of the Senate, Parliament, Port of Spain, on January 21. - Photo by Ayanna Kinsale OPPOSITION Senator Wade Mark questioned the process by which the new design for the coat of arms was commissioned during a sitting of the Senate on
(Image credit: Shutterstock/Qubix Studio) Apple Intelligence has been opt in since it debuted in Oct. 2024, but the next iOS will automatically turn it on. The change is set to rollout with iOS 18.3, iPadOS 18.3, and macOS Sequoia 15.3 Anyone can still turn it off in Settings, if you like. Whether you’ve been waiting