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European and most Asian stock markets rebounded Tuesday as investors cheered an overnight rally on Wall Street and snapped up beaten down shares on expectations of a U.S. interest rate cut later this week.
Asian stock markets rebounded Tuesday as investors cheered an overnight rally on Wall Street and snapped up beaten down shares on expectations of a U.S. interest rate cut later this week.
Asian markets rallied Friday to wrap up a tumultuous week as investors took heart from Wall's Street's gains overnight and positive U.S. labor market data.
The 124-year-old Hong Kong Jockey Club, whose racetrack revenues are one of the secrets of the territory's economic success, is facing a decidedly modern threat: glitzy casinos being built by Las Vegas operators in nearby Macau.
Asia is home to the world's freest — and most repressed — economies, but Europe ranked highest as a region in terms of economic freedom, an annual report released Tuesday by the Heritage Foundation and Wall Street Journal said.
Hong Kong will be allowed to directly elect its leader in 2017 and all of its lawmakers by 2020 at the earliest, China said Saturday, an announcement that sparked protests by pro-democracy activists who sought an earlier date.
Socialites and showbiz stars joined business tycoons Tuesday for the opening of the MGM Grand Macau, the latest Las Vegas-backed casino to crowd into the tiny Chinese gambling enclave, hoping to lure China's growing middle class.
ArcelorMittal, the world's largest steelmaker, said Friday it will offer at least $1.65 billion for the remaining shares in China Oriental Group Co. that it does not own after a ruling by Hong Kong's securities regulator.
Millions of dollars earmarked by the U.S. government to help North Koreans fleeing their impoverished homeland are still tied up by red tape three years after the money was authorized, a U.S. official said Monday.
Ships belching toxic fumes from diesel fuel contribute to the deaths of tens of thousands of people in Europe, Asia and the United States each year, claims a U.S. report released this week.
Chinese e-commerce portal Alibaba.com soared on its debut on the Hong Kong stock market Tuesday, with its share price nearly tripling.
Authorities are investigating the deaths of two Americans whose bodies were found at one of Hong Kong's most luxurious hotels, police and reports said Saturday.
Hong Kong residents eager to tap the territory's booming stock market lined up Tuesday for shares being offered in Chinese e-commerce portal Alibaba.com's initial public offering.
Chinese e-commerce portal Alibaba.com could raise up to $1.5 billion in its Hong Kong initial public offering next month, the company's parent said Monday.
A dozen pint-size patients laugh and shout when the man with a red plastic nose waves a magic wand and turns black-and-white drawings to color.
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