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New electric field can enhance electronic, optical devices: Researchers Researchers from City University of Hong Kong (CityUHK) on Sunday said they have discovered a new vortex electric field with the potential to enhance future electronic, magnetic and optical devices.  The research, published in Science, is highly valuable as it can upgrade the operation of many devices, including strengthening memory stability and computing speed.  With further research, the discovery of the vortex electric field can even later impact the fields of quantum comp...
New electric field can enhance electronic, optical devices: Researchers
New electric field can enhance electronic, optical devices: Researchers
Source: IANS
2024-12-09 08:56:18 am
MakeMyTrip Partners with 10 Leading Airlines and ICICI Bank to Boost International Business Class Travel As India’s travel landscape continues to evolve, premium experiences are becoming a priority for many travelers. According to MakeMyTrip’s latest How Indians Travel Abroad report, there has been a 10% increase in searches for international business class flights between 2023 and 2024. Traditionally associated with long-haul destinations such as the USA and the UK, the trend is now extending to shorter routes, including destinations like Hong Kong, Sri Lanka, Japan, and S...
MakeMyTrip Partners with 10 Leading Airlines and ICICI Bank to Boost International Business Class Travel
MakeMyTrip Partners with 10 Leading Airlines and ICICI Bank to Boost International Business Class Travel
Source: PR Agency
2024-09-28 02:15:35 pm
Stocks lose steam as investors zoom in on US jobs, Federal Reserve Asian shares slipped on Wednesday as a stellar rebound in world stocks paused for breath, while bond yields and the dollar fell ahead of U.S. economic data and speeches from policymakers that are expected to make the case for interest rate cuts. The S&P 500 snapped eight sessions of gains with a 0.2% overnight drop. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.6%. Hong Kong's Hang Seng slumped 1.4% with JD.com dropping 11% after Bloomberg News reported t...
Stocks lose steam as investors zoom in on US jobs, Federal Reserve
Stocks lose steam as investors zoom in on US jobs, Federal Reserve
Source: Reuters
2024-08-21 08:52:08 am
Hong Kong to expand market outreach  Hong Kong will continue to expand its market reach in the second half of this year to deepen ties with investors in Europe, the US, Australia, and the Middle East, Hong Kong Special Administrative Region Financial Secretary Paul Chan said on Sunday.  Hong Kong's overall economic situation is stable, with a 3.3 per cent year-on-year growth in GDP in the second quarter, Chan noted in his blog, Xinhua news agency reported. While changes in consumer spending patterns and a re...
Hong Kong to expand market outreach
Hong Kong to expand market outreach
Source: IANS
2024-08-04 02:30:22 pm
A virtual tour of Hakka village, Hong Kong The importance of "wellness" - a condition of physical, mental, and social well-being - in all aspects of our lives has been highlighted by this. According to research, a majority of evolved Indian visitors will choose wellness activities while travelling. Travellers said the main reasons they would schedule a wellness trip is to escape the stress of daily life in the backdrop of the epidemic, connect with nature, and feel renewed. 
A virtual tour of Hakka village, Hong Kong
A virtual tour of Hakka village, Hong Kong
Source: IANS
2024-07-16 12:09:42 pm
Goldman Sachs names India investment banking co-chiefs, Hong Kong coverage head Goldman Sachs has appointed Sudarshan Ramakrishnan and Devarajan Nambakam as co-heads of investment banking in India, the latest Wall Street bank to bolster its leadership amid a rise in dealmaking opportunities in the country. Ramakrishnan and Nambakam, previously the bank's co-chief operating officers in India, now report to India Chairman and Chief Executive Sonjoy Chatterjee, Goldman said in a statement on Monday. They are tasked with managing Goldman's broader investment ba...
Goldman Sachs names India investment banking co-chiefs, Hong Kong coverage head
Goldman Sachs names India investment banking co-chiefs, Hong Kong coverage head
Source: Reuters
2024-07-15 02:52:08 pm
Hong Kong Exports US$ 20.4B to India, Imports US$ 8.2B - Rubix Report Rubix Data Sciences is pleased to announce the launch of the second edition of our country insights series, featuring an in-depth analysis of Hong Kong's vibrant economic landscape. Hong Kong's economic engine is revving up again, and Rubix's data reveals a compelling story of a city in rebound mode, with growth forecasts exceeding expectations. Key sectors like tourism and real estate are experiencing a rise, marking a significant turnaround from recent years and suggesting that ...
Hong Kong Exports US$ 20.4B to India, Imports US$ 8.2B - Rubix Report
Hong Kong Exports US$ 20.4B to India, Imports US$ 8.2B - Rubix Report
Source: PR Agency
2024-06-23 03:08:23 pm
India overtakes Hong Kong as world`s fourth-largest stock market By Mr. Suman Bannerjee, Hedge fund Below quote from Suman Bannerjee, CIO, Hedonova, a Paris Based hedge fund   In a transformative shift, India has ascended to the fourth position in the global stock market rankings, eclipsing Hong Kong. This momentous milestone underscores the resilience and dynamism of India's economic landscape. As the nation forges ahead, investor confidence and opportunities converge, propelling the stock market to new heights. This achievement marks not only a numerical triumph but al...
India overtakes Hong Kong as world`s fourth-largest stock market By Mr. Suman Bannerjee, Hedge fund
India overtakes Hong Kong as world`s fourth-largest stock market By Mr. Suman Bannerjee, Hedge fund
Source: PR Agency
2024-01-23 02:43:53 pm
Hong Kong`s largest ever New Year countdown Firework Musical to welcome 2024 As the world eagerly anticipates the arrival of 2024, all eyes will turn to Hong Kong for the city's largest New Year's Eve firework display to date on December 31, 2023 (Sunday). Set against the iconic Hong Kong skyline, spectators will be treated to a 12-minute firework musical, surpassing any previous New Year's Eve displays in the city in both coverage and duration. As the clock inches closer to midnight, the façade of the Hong Kong Convention and Exhibition Centre (...
Hong Kong`s largest ever New Year countdown Firework Musical to welcome 2024
Hong Kong`s largest ever New Year countdown Firework Musical to welcome 2024
Source: IANS
2023-12-17 10:29:37 am
Asia shares start December on cautious note, oil nurses losses Asian sharemarkets started the last month of the year on a cautious note after recent strong gains, though growing expectations Europe and the U.S. are poised to cut rates should help ease pressure on local currencies and central banks. Global oil prices extended losses after a drop of more than 2% overnight as voluntary oil output cuts by OPEC+ producers for the first quarter next year fell short of market expectations. [O/R] MSCI's broadest index of Asia-Pacific shares outside Jap...
Asia shares start December on cautious note, oil nurses losses
Asia shares start December on cautious note, oil nurses losses
Source: Reuters
2023-12-01 08:40:55 am
Bonds cheer Fed talk of cuts; kiwi flies Asian stocks briefly made one-week highs on Wednesday, bonds rallied and the dollar sank on new hints at U.S. interest rate cuts, while the New Zealand dollar jumped after its central bank said another hike may be necessary if inflation proves stubborn. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5% in early trade before weakness in Hong Kong tech shares dragged it back to flat. Japan's Nikkei fell 0.2%. The New Zealand dollar was last up 1.1% at a four-mon...
Bonds cheer Fed talk of cuts; kiwi flies
Bonds cheer Fed talk of cuts; kiwi flies
Source: Reuters
2023-11-29 08:33:57 am
Asian stocks inch ahead as traders brace for inflation data Asian stocks edged higher on Tuesday, while the dollar was at its lowest in three months as investors remained convinced the Federal Reserve was done with its rate-hike cycle and looked ahead to a crucial inflation report later this week. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.39% higher and set for a near 7% gain in November, its strongest monthly performance since January. Japan's Nikkei eased 0.20% but is up 8% this month, on course for its strongest...
Asian stocks inch ahead as traders brace for inflation data
Asian stocks inch ahead as traders brace for inflation data
Source: Reuters
2023-11-28 09:05:56 am
Indian dealers widen discounts as wedding season demand slows Top Asian hubs saw some selling of physical gold this week as people cashed in on relatively high prices, with lacklustre demand during the wedding season in India prompting dealers to offer steeper discounts. The bullion industry was hoping the momentum seen during the festival of Diwali would continue, but higher prices seem to be hampering wedding season demand, said a Mumbai-based bullion dealer with a private bank. Local gold prices in India were around 61,100 rupees per 10 grams o...
Indian dealers widen discounts as wedding season demand slows
Indian dealers widen discounts as wedding season demand slows
Source: Reuters
2023-11-25 08:56:34 am
Asia stocks rise ahead of US inflation data; yen stumbles Asian shares inched up on Tuesday in cautious trading ahead of a crucial U.S. inflation report that could heavily influence the Federal Reserve's policy outlook, while the fragile yen flirted with one-year lows, putting it back in the intervention zone. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.49% higher, while Tokyo's Nikkei gained 0.36%. Australia's S&P/ASX 200 index was up 0.61%. The Japanese yen was at 151.71 per dollar in Asian hours, hav...
Asia stocks rise ahead of US inflation data; yen stumbles
Asia stocks rise ahead of US inflation data; yen stumbles
Source: Reuters
2023-11-14 09:03:36 am
Asian stocks slide as hawkish Jerome Powell comments weigh Asian stocks fell to their lowest in a week on Friday, while the dollar was firm as elevated Treasury yields weighed on sentiment after hawkish comments from U.S. Fed Chair Jerome Powell extinguished expectations of a peak in interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1% to a one-week low of 486.39, while Japan's Nikkei was 0.50% lower. U.S. Federal Reserve officials including Powell said on Thursday they are still not sure interest rates are...
Asian stocks slide as hawkish Jerome Powell comments weigh
Asian stocks slide as hawkish Jerome Powell comments weigh
Source: Reuters
2023-11-10 08:45:38 am
Asian stocks stutter ahead of Fed, frail yen in focus Asian stocks inched lower on Wednesday ahead of a keenly-awaited policy decision from the Federal Reserve later in the day, while the yen was stuck near one-year lows against the dollar, keeping markets on edge for possible intervention by Tokyo. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.13% lower, starting November in a sombre mood after clocking three straight months of losses. Japan's Nikkei was 2% higher. China shares eased 0.15%, while the Hong Kong&#...
Asian stocks stutter ahead of Fed, frail yen in focus
Asian stocks stutter ahead of Fed, frail yen in focus
Source: Reuters
2023-11-01 08:55:52 am
Blackstone enters Indian healthcare services with Care Hospitals buy Blackstone said on Monday it will buy a majority stake in India's Care Hospitals from a fund belonging to asset management firm TPG, marking the U.S.-based private equity firm's entry into the country's healthcare services sector. Blackstone will commit $1 billion in the hospital chain in India and hold over 75% in Care Hospitals, a source with direct knowledge of the matter said. They did not want to be named as the deal details are private. The deal comes as a post-pandemi...
Blackstone enters Indian healthcare services with Care Hospitals buy
Blackstone enters Indian healthcare services with Care Hospitals buy
Source: Reuters
2023-10-30 03:40:25 pm
Asian shares track US futures higher, bonds hold gains Asian shares tracked Wall Street futures higher on Friday as Amazon provided some welcome earnings relief, while bonds were able to sustain a rally amid signs U.S. inflation was easing. All eyes were on U.S. data later in the session that may show core inflation growing 0.3% in September on a monthly basis, pushing the annual rate lower to 3.7% from 3.9% a month ago. Overnight, the European Central Bank left interest rates unchanged as expected, sending the euro briefly to a two-week lo...
Asian shares track US futures higher, bonds hold gains
Asian shares track US futures higher, bonds hold gains
Source: Reuters
2023-10-27 08:47:32 am
Asian shares hit 11-month lows; focus on US economic data Asian equities slipped to their lowest in more than 11 months on Tuesday, while the dollar wobbled in cautious trading ahead of a slew of economic data that will provide clues to the next steps from the U.S. Federal Reserve.Oil prices recovered some of the previous day's losses in early Asia trade as nervousness prevailed in the market amid worries that the Israel-Hamas war could escalate into a wider conflict in the oil-exporting region.MSCI's broadest index of Asia-Pacific shares outside Ja...
Asian shares hit 11-month lows; focus on US economic data
Asian shares hit 11-month lows; focus on US economic data
Source: Reuters
2023-10-24 09:04:40 am
Asian shares hit 11-month low on Middle East anxiety, surging yields Asian shares plumbed a fresh 11-month trough on Friday as fears of a regional conflict in the Middle East intensified and as a relentless rise in long-term U.S. yields pressured valuations, while supply concerns lifted oil prices further.The surge in the 10-year U.S. benchmark yield overnight to 5% has raised borrowing costs around the world. On Friday, the Bank of Japan intervened in the Japanese government bond (JGB) market as the 10-year JGB yield touched a decade high.A much-watched speec...
Asian shares hit 11-month low on Middle East anxiety, surging yields
Asian shares hit 11-month low on Middle East anxiety, surging yields
Source: Reuters
2023-10-20 08:47:01 am
Aggressive marketing strategy to help tap $112 billion export potential in 10 countries in three years: FIEO Federation of Indian Export Organisations (FIEO) in its latest study has said that aggressive marketing strategy including support from the government can help Indian businesses tap $112 billion export potential in ten countries like the US and UK in three years. It said that to tap this potential, a proper strategy is required.FIEO suggested the government to formulate a scheme to support participation of domestic industry in exhibitions, buyers-sellers meet, and roadshows in important citie...
Aggressive marketing strategy to help tap $112 billion export potential in 10 countries in three years: FIEO
Aggressive marketing strategy to help tap $112 billion export potential in 10 countries in three years: FIEO
Source: Accord Fintech
2023-10-12 02:47:48 pm
Asian shares rally as markets wager on Fed pivot; US inflation in focus Asian shares rose on Thursday as markets wagered that U.S. rates have peaked after more dovish remarks from Federal Reserve officials, while traders awaited the U.S. consumer inflation report later in the day for further monetary policy clues.MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.7% to the highest level in three weeks. Tokyo's Nikkei rallied 1.3% for a third straight day, climbing away from its five-month low hit last week.Hong Kong's Hang Seng index jumped 1.8%,...
Asian shares rally as markets wager on Fed pivot; US inflation in focus
Asian shares rally as markets wager on Fed pivot; US inflation in focus
Source: Reuters
2023-10-12 08:45:09 am
IndiGo jumps on re-commencing direct flights between Delhi - Hong Kong Interglobe Aviation is currently trading at Rs. 2516.00, up by 41.30 points or 1.67% from its previous closing of Rs. 2474.70 on the BSE.The scrip opened at Rs. 2550.00 and has touched a high and low of Rs. 2563.90 and Rs. 2500.70 respectively. So far 46017 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2745.95 on 13-Jul-2023 and a 52 week low of Rs. 1676.00 on 09-Nov-2022.Last one week high and low of the scrip stood at Rs. 25...
IndiGo jumps on re-commencing direct flights between Delhi - Hong Kong
IndiGo jumps on re-commencing direct flights between Delhi - Hong Kong
Source: Accord Fintech
2023-10-06 11:43:46 am
Asian shares come off 11-month lows as Treasuries rally Asian shares rebounded from 11-month lows on Thursday as a plunge in oil prices and softer U.S. labour data helped pull Treasury yields off 16-year peaks, although a looming U.S. payrolls report could make or break the rally.Tracking overnight gains on Wall Street, MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6%. Japan's Nikkei climbed 1.2%.Hong Kong's Hang Seng index advanced 0.3%. China's mainland markets remain closed for holidays.Overnight, the rout in Treasuries took...
Asian shares come off 11-month lows as Treasuries rally
Asian shares come off 11-month lows as Treasuries rally
Source: reuters
2023-10-05 08:51:13 am
Archery teams advance to quarters; Easy for men in Individual elimination rounds too Indian Archers cruised into the quarterfinals in both compound and recurve sections and also in the men's and women's team event along with compound mixed team as the archery competitions gathered pace at the 19th Asian Games, here on Monday.India's top hopes in the men's and women's compound and recurve also reached the quarterfinals stage with Bhajan Kaur losing to South Korea's An San 7-3 in a pre-quarterfinal clash.In Recurve Women's 1/16 Elimination Round, Indonesia;'s Rezza Octavia defe...
Archery teams advance to quarters; Easy for men in Individual elimination rounds too
Archery teams advance to quarters; Easy for men in Individual elimination rounds too
Source: IANS
2023-10-02 05:40:28 pm
Asia stocks slide amid China woes, Japan catches up on chip sell-off Asian shares sank on Tuesday, as worries about the Chinese property sector weighed on markets from Hong Kong to Australia, while Japanese investors sold chip stocks on their return from a holiday-extended weekend.Benchmark U.S. Treasury yields hovered near 16-year peaks and the dollar held close to six-month highs as traders braced for a Federal Reserve rate decision on Wednesday, in a week that also sees policy decisions from the Bank of Japan and Bank of England, among others.Crude oil cont...
Asia stocks slide amid China woes, Japan catches up on chip sell-off
Asia stocks slide amid China woes, Japan catches up on chip sell-off
Source: Reuters
2023-09-19 09:51:00am