The Facebook like logo shown on a smartphone in front of a computer screen showing the logo of parent company Meta Platforms in this illustration taken on October 28, 2021. Photo: AFP
Facebook
Facebook seeks users’ help in improving its algorithm with new buttons
58 minutes ago

Facebook users will soon see the new buttons designed to give the social network more ‘time-bound’ signals, affecting news feeds for 30 to 60 days.

The Facebook like logo shown on a smartphone in front of a computer screen showing the logo of parent company Meta Platforms in this illustration taken on October 28, 2021. Photo: AFP
Facebook seeks users’ help in improving its algorithm with new buttons

Facebook users will soon see the new buttons designed to give the social network more ‘time-bound’ signals, affecting news feeds for 30 to 60 days.

58 minutes ago
Hong Kong pension fund loses record HK$258.9 billion this year

Analysts expect the MPF to bounce back in the fourth quarter after the value of its assets dropped below HK$1 trillion for the first time in two years amid soaring global inflation and interest rates.

1 hour ago
Uber’s former security chief convicted of data hack cover-up

Jurors rejected the claim that other executives at the ride-hailing giant were aware of the 2016 hack.

2 hours ago
The MPF’s performance equates to a loss of HK$56,500 per person. Photo: Jonathan Wong
Hong Kong pension fund loses record HK$258.9 billion this year

Analysts expect the MPF to bounce back in the fourth quarter after the value of its assets dropped below HK$1 trillion for the first time in two years amid soaring global inflation and interest rates.

1 hour ago
Uber
Uber’s former security chief convicted of data hack cover-up

Jurors rejected the claim that other executives at the ride-hailing giant were aware of the 2016 hack.

Jurors rejected the claim that other executives at the ride-hailing giant were aware of the 2016 hack.

2 hours ago
Hong Kong stock market
Hong Kong stocks retreat as Goldman sees bigger slump in property market

Stocks surrender some of their biggest gains in five months. Major developers decline after Goldman forecasts a bigger decline in home prices in the city on interest-rate concerns.

Stocks surrender some of their biggest gains in five months. Major developers decline after Goldman forecasts a bigger decline in home prices in the city on interest-rate concerns.

45 minutes ago
CALB opens flat in Hong Kong even as battery maker eyes expansion

China Aviation Lithium Battery, the mainland’s third-largest electric vehicle (EV) battery maker, aims to become a top three supplier globally after powering up with US$1.26 billion in its Hong Kong initial public offering.

3 hours ago
CALB opens flat in Hong Kong even as battery maker eyes expansion
Soaring interest rates scupper SF Reit’s goal of doubling assets to US$1.5b

The first real estate investment trust in Hong Kong to focus on logistics properties will not be able to achieve the target of doubling its portfolio within two years of listing because interest rates have increased sharply, CEO admits.

4 hours ago
Soaring interest rates scupper SF Reit’s goal of doubling assets to US$1.5b
Hong Kong stocks retreat as Goldman sees bigger slump in property market

Stocks surrender some of their biggest gains in five months. Major developers decline after Goldman forecasts a bigger decline in home prices in the city on interest-rate concerns.

45 minutes ago
CALB opens flat in Hong Kong even as battery maker eyes expansion

China Aviation Lithium Battery, the mainland’s third-largest electric vehicle (EV) battery maker, aims to become a top three supplier globally after powering up with US$1.26 billion in its Hong Kong initial public offering.

3 hours ago
Soaring interest rates scupper SF Reit’s goal of doubling assets to US$1.5b

The first real estate investment trust in Hong Kong to focus on logistics properties will not be able to achieve the target of doubling its portfolio within two years of listing because interest rates have increased sharply, CEO admits.

4 hours ago
Hong Kong stocks hit the lowest since 2011 as rate hikes fan recession risk

Stocks suffered steep losses as the Hang Seng Index hit the level not seen since December 2011 on concerns higher borrowing costs will crush demand and push the global economy into a recession.

Stocks suffered steep losses as the Hang Seng Index hit the level not seen since December 2011 on concerns higher borrowing costs will crush demand and push the global economy into a recession.

22 Sep 2022 - 4:57PM
Hong Kong’s biggest banks raise prime rates for first time in 4 years

Hong Kong’s Financial Secretary Paul Chan Mo-po has warned the city to expect “negative growth” in the local economy this year.

Hong Kong’s Financial Secretary Paul Chan Mo-po has warned the city to expect “negative growth” in the local economy this year.

23 Sep 2022 - 9:06AM
Hong Kong’s base rate soars 75 basis points to the highest in 14 years

Hong Kong’s rate increase, conducted in concert with US monetary policy to preserve the city’s currency peg to the US dollar since 1983, came at an inopportune moment for the local economy.

Hong Kong’s rate increase, conducted in concert with US monetary policy to preserve the city’s currency peg to the US dollar since 1983, came at an inopportune moment for the local economy.

22 Sep 2022 - 6:07PM

Business | OPINION

People walk past the Bank of England in London on September 29. The Bank of England set aside £65 billion (US$73.3 billion) to buy bonds in an attempt to stabilise Britain’s economy, underlining the turmoil in bond markets. Photo: EPA-EFE
Macroscope | Why the market shake-up is good news for bond investors

The end of quantitative easing could turn out to be a good thing for bond investors as low or negative yields could be a thing of the past. With higher yields, there is more chance that bonds will perform positively when riskier assets such as equities are falling in price.

5 Oct 2022 - 10:27PM
The View | RCEP allows East Asia to step out from under US hegemony

With the world’s largest free trade deal close to being ratified by all members, East Asia is taking a significant step towards greater economic integration. The deal underscores the US’ waning influence in a region increasingly defined by a rising China.

With the world’s largest free trade deal close to being ratified by all members, East Asia is taking a significant step towards greater economic integration. The deal underscores the US’ waning influence in a region increasingly defined by a rising China.

5 Oct 2022 - 10:17PM
RCEP allows East Asia to step out from under US hegemony
The View | Broken green finance promises leave developing world seeking climate justice

Unless major carbon emitters drastically reduce their pollution and pay for the poor to prepare for coming disasters, suffering will be an everyday reality. Global financial support to build climate-resilient and green societies is negligible, leaving developing countries to fend for themselves.

Unless major carbon emitters drastically reduce their pollution and pay for the poor to prepare for coming disasters, suffering will be an everyday reality. Global financial support to build climate-resilient and green societies is negligible, leaving developing countries to fend for themselves.

4 Oct 2022 - 10:27PM
Broken green finance promises leave developing world seeking climate justice

Business | Explore more