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19.11.25 - 03:36
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Hong Kong stocks wobble on lofty AI valuations, uncertain Fed policy path (SCMP)
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Hong Kong stocks wavered on Wednesday, with investors taking their cue from Wall Street's overnight decline amid rising doubts over lofty artificial intelligence valuations and the timing of US rate cuts.
The Hang Seng Index advanced less than 0.1 per cent to 25,940.52 at 10.15am local time. The Hang Seng Tech Index added 0.2 per cent. On the mainland, the CSI 300 Index gained 0.4 per cent and the Shanghai Composite Index added 0.2 per cent.
Leading the gainers, search-engine giant Baidu jumped......
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18.11.25 - 23:36
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Trump Says He Thinks He Knows Choice for Fed Chair (Bloomberg)
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President Donald Trump said he thinks he's identified his choice to be the next chair of the Federal Reserve. “I think I already know my choice,” Trump told reporters in the Oval Office on Tuesday, without specifying who it is. “I'd love to get the guy currently in there out right now, but people are holding me back.” (Source: Bloomberg)...
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