Hong Kong Herald - Business News

HONG KONG: Crystal Cruises is suspending planned sailings of its two ocean-going ships and one expedition ship through 29th April, ...

Jury awards customer $9 million after accidentally being served bleach

MARION COUNTY, Tennessee: Following a nearly 10-year court battle, after being served commercial-grade bleach instead of water at a Cracker ...

US home prices hit record high in 2021 with median price of $346,900

CHICAGO, Illinois: The real estate market saw a boom last year, with the median home sales price soaring to $346,900 ...

'Total' urges sanctions against Myanmar's oil and gas funds

PARIS, France - TotalEnergies, a French energy behemoth, has asked the US and French governments to approve targeted sanctions against ...

U.S. stocks sink, Nasdaq Composite sheds 385 points

NEW YORK, New York - Global stock markets reeled on Friday as interest rates fell and oil prices dived.Technology shares ...

Promise of new 5G cellular includes greater speed, more data

NEW YORK CITY, New York: Telecom companies have rolled out 5G networks in various locations across the United States over ...

Orange harvests down 3 percent, juice prices to jump

WASHINGTON D.C.: The U.S. Department of Agriculture (USDA) has said that this year's orange crop will produce a smaller yield ...

ASX slides more than two percent as Asian shares generally dive

SYDNEY, NSW, Australia - Stocks in Asia fell almost across-the-board on Friday, with the biggest loser the ASX.The Australian All ...

Rising UK food costs pushing inflation to 30-year high

LONDON, England: Consumer prices in the UK have risen at their fastest rate in nearly 30 years, but experts warn ...

Ford, ADT launch antitheft technology for vehicles

DETROIT, Michigan: Ford Motor Co. and ADT, through a new joint venture called Canopy, are introducing two new vehicle security ...

Dow Jones falls 313 points as U.S. stock markets continue to correct

NEW YORK, Jan. 20 (Xinhua/Big News Network) -- U.S. stocks dropped on Thursday as the recent sell-off continued on Wall ...

Sotheby's asking $4 to $6.8 million for 555.55-carat black diamond

DUBAI, UAE: Auction house Sotheby's Dubai will sell a black 555.55-carat diamond believed to be from outer space, known as ...

At $534 million, Rome's Villa Aurora highest price ever at auction

ROME, Italy: Villa Aurora, a villa for sale in Rome with a starting price of $534 million, was expected to ...

Buyers warm to Asian stocks, major indices advance across the board

SYDNEY, NSW, Australia - Stocks in Asia were on the boil on Thursday with the major indices across the region ...

Nepali importers suffer from delayed shipments from China

LISTIKOT, Nepal Traders importing goods from China complain about the delayed shipments by Chinese authorities. The shipments supposed to reach ...

Tesla looks to Mozambique to replace China for minerals

AUSTIN, TEXAS: In a first-of-its-kind deal aimed at reducing its dependence on China for graphite, Tesla is turning to Mozambique ...

U.S. stocks crumble again, dollar edges down

NEW YORK, New York - In the face of looming interest rate hikes, U.S. stock markets continued to shed weight ...

British Petroleum says EV charging to become profitable soon

LONDON, England: Oil giant British Petroleum (BP) has said that the use of its pulse electric vehicle chargers is "on ...

Amazon UK says it will accept Visa credit cards for purchases

LONDON, England: In a statement on January 17, Amazon UK said it has canceled plans to stop accepting Visa credit ...

Japanese stock markets records major falls

SYDNEY, NSW, Australia - Stocks in Asia were mixed on Wednesday. The biggest move was the Japanese market which saw ...

UK imports to Ireland fell, trade with N. Ireland up due to Brexit

DUBLIN, Ireland: Since Brexit went into effect in 2020, Ireland has witnessed a 20 percent decline in goods exported from ...

At 3.45%, mortgage rates highest in US since pandemic struck

WASHINGTON D.C.: According to a closely watched survey, U.S. mortgage rates have reached levels not seen since March 2020. In ...

Hudson Swafford breaks from pack late to win The American Express

Hudson Swafford went eagle-birdie at the 16th and 17th holes to cap a busy final round and win The American ...

Think US Home Values Are Soaring Talk to a Farmer

Fourth-generation corn and soybean farmer Jeff Frank doesn't feel rich, but simply based on the skyrocketing value of his land ...

What is a climate stress test? A sustainable finance expert explains

Imagine this: You take out a mortgage to purchase your dream home. But the rate you were quoted has expired, ...

Grandfather is now a problematic word

Language has become the main terrain on which the culture wars sweeping the Western world are played out.Arguably, just about ...

Ukraine could default, economist warns

The Eastern European nation's financial situation could soon be in dire straits, a top expert has warnedThe Ukrainian economy is ...

Pak's current account deficit crosses USD 9 bn mark, analysts warn it may lead to debt trap

Karachi [Pakistan], January 23 (ANI): Pakistan's current account deficit surpassed USD 9 billion in the first half of the ongoing ...

China's pursuit of Cambodian naval base causes geopolitical tension: Report

Phnom Penh [Cambodia], January 23 (ANI): China's pursuit of a Cambodian naval base causes geopolitical tension as Beijing has started ...

Corpse propped up by two men at post office

Witnesses in an Irish town were shocked to see a deceased man straddled by two others trying to collect his ...

Consistent fall in interest rates in small savings schemes affecting senior citizens the most: Priyanka Chaturvedi writes to Fin Min

Mumbai (Maharashtra) [India], January 23 (ANI): Rajya Sabha MP Priyanka Chaturvedi on Sunday informed that she has written a letter ...

Corpse propped up by two men in pension bid at post office

Witnesses in an Irish town were shocked to see a deceased man straddled by two others trying to collect his ...

European agency refuses to lift ban on Pakistan flights

Islamabad [Pakistan], January 23 (ANI): European Union agency has once again refused to lift the ban imposed on Pakistan's flights, ...

China's Xinjiang registers 7-pct GDP growth in 2021

Sensex, Nifty likely to remain volatile in the run-up to Budget

By Gyanendra Kumar KeshriMumbai [India], January 23 (ANI): As the countdown to the Union Budget 2022-23 has begun, the Indian ...

Chinese officials concealed last year's flood death toll: Report

Beijing [China], January 23 (ANI): Chinese officials have concealed the number of people who died or went missing in last ...

Pair leap into lead at The American Express

Moving day yielded two new leaders as Frenchman Paul Barjon and Lee Hodges leapfrogged their way into the lead Saturday ...

Xi himself is a risk to the Chinese economy: Report

Tokyo [Japan], January 23 (ANI): Underlining the side effects of Chinese President Xi Jinping's "abrupt and extreme" policies, a report ...

Bitcoin drops 50% from its peak value

Cryptocurrency's price plunged below $35,000 for the first time since JulyThe world's biggest digital asset, Bitcoin, fell as low as ...

Is Putin Following in Steps of Peter the Great

Three hundred and forty kilometers east of the Ukrainian capital, Kyiv, lies the city of Poltava.At its heart is a ...

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Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...