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11.12.25 - 04:30
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Asian Markets Trade Mixed (RTTNews)
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Asian markets are trading mixed on Thursday, following the broadly positive cues from Wall Street overnight, as the US Fed officials reaffirmed their forecast of only one interest rate cut in 2026 after cutting interest rates for the third consecutive time by a quarter point, which was already priced in by the markets. Asian markets closed mostly lower on Wednesday....
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11.12.25 - 03:30
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Hong Kong stocks advance on China stimulus bets and Fed interest rate cut (SCMP)
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Hong Kong stocks rose on Thursday as investors bet on fresh stimulus ahead of the Central Economic Work Conference (CEWC), while sentiment was supported by the Federal Reserve's rate cut and chair Jerome Powell's optimism that the US economy will strengthen as the inflationary impact of tariffs fades.
The Hang Seng Index rose 0.6 per cent to 25,689.86 at 10am local time. The Hang Seng Tech Index fell 0.3 per cent. On the mainland, the CSI 300 Index dropped 0.2 per cent and the Shanghai Composite......
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11.12.25 - 02:36
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Hong Kong′s Hang Seng University joins property rush with US$11.6 million office deal (SCMP)
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Hong Kong's Hang Seng University has acquired office units in a commercial building in the New Territories for HK$90 million (US$11.6 million), making it the latest school to purchase real estate amid a government push to turn the city into a global education hub.
The acquisition covers 16 office units measuring 19,139 sq ft on the 11th floor of Metropole Square in Sha Tin, together with four car parking spaces. The seller was listed company Alco Holdings, which manufactures and sells consumer......
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