Chinese stocks slide as investors maintain caution after US inflation report

China stocks were lower yesterday after the overnight United States inflation report that signaled a diminished possibility of the Fed’s rate cut made investors cautious.

Japan’s Nikkei stock index breaks its 1989 record, surges to an all-time high

Japan's benchmark Nikkei 225 index surged yesterday past the record it set in 1989 before its financial bubble burst, ushering in an era of faltering growth.

China replaces its top securities regulator, moving to reassure investors

China replaced the head of its market watchdog yesterday in an apparent attempt to restore confidence in financial markets following a prolonged downturn. Official media said

Investors’ shift to low-cost funds brings average fees down

Fund investors are keeping more of what’s theirs. Fees for mutual funds and exchange-traded funds fell to a record low last year, according to

Asian stocks sink after Credit Suisse takeover

Asian stock markets sank yesterday after Swiss authorities arranged the takeover of troubled Credit Suisse amid fears of a global banking crisis ahead of a Federal

Former HKEx boss permitted to operate financial services in Macau

Former Hong Kong Stock Exchanges and Clearing  Limited (HKEx) boss Charles Li has been given the green light to operate financial and investment services in

Futures head lower despite strong showing from US companies

Wall Street declined before the opening bell despite strong earnings from some major U.S. corporations yesterday. Futures for the Dow Jones industrials fell 0.4% and futures for the

Global shares mixed after China economy slows, HK down 6.4%

Global shares were mixed, while Hong Kong’s benchmark plunged 6.4% yesterday as dismay over a lack of fresh policy initiatives from a Chinese Communist Party

US futures turn around on strong performance from retailers

Wall Street nearly recouped overnight losses and was inching toward gains yesterday after some bell-weather retailers reported strong second-quarter earnings, suggesting that Americans have continued to

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MACAU DAILY TIMES