Vancouver, BC, Feb 7, 2023 – (ACN Newswire via SEAPRWire.com) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview”) is pleased to announce that its first attempt at recovering scandium in a sequential purification process has recovered 56% (fifty six percent) of scandium in tailings from its Hat Copper, Gold, Cobalt property. Scandium […]
HONG KONG, Dec 15, 2022 – (ACN Newswire via SEAPRWire.com) – Companies in the Hang Seng Index rank in the midrange internationally in terms of the quality of their ESG reporting. This is the finding of the Global ESG Monitor 2022 (GEM), Regional Report Hong Kong/China (https://globalesgmonitor.com/download-report/), published today. The GEM is considered an international […]
With a population of 1.4 billion, China has all the makings of a hotbed for e-commerce, a match made in heaven. According to Global Data, the most populous country has a compound annual growth rate of 13.3 percent between 2018 and 2021, reaching RMB 13.1 trillion (US$ 2.1 trillion) in 2021. Therefore, one would refrain from betting […]
Hong Kong equities closed higher on Friday, with market sentiment boosted by China’s decision to lower a key benchmark rate. The Hang Seng Index rose 2.96 percent, or 596.56 points, to 20,717.24. Both the mainland’s indexes also closed higher. The Shanghai Composite Index jumped 1.60 percent, or 49.60 points, to 3,146.57, while the Shenzhen Composite […]
The Dow and S&P 500 finished a rollercoaster session essentially flat, concluding a bruising week of losses on an uncertain note. Worries about a recession as the Federal Reserve hikes interest rates and inflation tests consumer resilience weighed on the market all week, pushing the S&P 500 into a bear market earlier in Friday’s session. […]
Wall Street stocks finished with more losses on Thursday as efforts to rebound from the prior session’s rout floundered amid worries over slowing growth. A day after major indices fell more than three percent, markets were choppier, occasionally rising into positive territory a few times. But investors remained anxious following earnings reports released earlier in […]
Rising prices and higher mortgage rates slowed US existing home sales for the third consecutive month in April, according to an industry survey released Thursday. Sales fell 2.4 percent compared to March to an annual rate of 5.61 million, seasonally adjusted, which was 5.9 percent lower than April 2021, the National Association of Realtors (NAR) […]
Hong Kong stocks closed slightly higher on Wednesday, after a day of wavering on the index following a rally on Wall Street. The Hang Seng rose 0.20 percent, or 41.76 points, to 20,644.28. The Shanghai Composite Index dropped 0.25 percent, or 7.72 points, to 3,085.98, while the mainland’s second exchange, the Shenzhen Composite Index, rose […]
Wall Street stocks suffered through another brutal session on Wednesday after disappointing results from retail giant Target exacerbated worries about inflation and profit margins in a slowing economy. The Dow Jones Industrial Average dove more than 3.6 percent to finish at 31,490, as all 30 members of the Dow closed in the red. The broad-based […]
Hong Kong stocks finished the first trading day of the week with modest gains, but could not break through the 20,000-point level. The Hang Seng Index opened higher on Monday but failed to make further headway, losing ground by noon. The index closed the day 51 points or 0.26 percent higher at 19,950. Turnover was […]
Hong Kong stocks opened higher on Tuesday despite Wall Street stocks finishing mostly down on weak Chinese economic data. The Hang Seng Index rose 1.29 percent, or 256.60 points, to 20,206.81. The Shanghai Composite Index opened down 0.09 percent, or 2.69 points, at 3,071.06, while the mainland’s second exchange, the Shenzhen Composite Index, sank 0.41 […]
Wall Street stocks finished mostly lower on Monday following weak Chinese economic data that added to recession worries amid inflation and rising interest rates. China’s retail sales and factory output slumped in April to their lowest levels in around two years, official data showed, reflecting the toll from that country’s restrictions due to Covid-19. FHN […]
Retail sales and industrial production on the mainland slumped to their lowest growth in two years amid Covid-19. According to data from the National Bureau of Statistics, retail sales shrank 11.1 percent on-year in April to 2.95 trillion yuan. That’s the largest drop since March 2020. For the first four months of the year taken […]
The government has cut its GDP growth forecast for this year to one to two percent, as it warned that the local economy will continue to be bogged down by the external environment. The latest projection, released on Friday, was down from the two to 3.5 percent expansion that Financial Secretary Paul Chan announced in […]
Wall Street surged on Friday to end higher, closing the book on a week of wild market gyrations as relief at signs of peaking inflation vied with fears that policy tightening by the Federal Reserve could tilt the economy into recession. Gains were led by a rebound in megacap tech and tech-adjacent stocks, which sold […]
Tech-linked shares slumped, leading the market lower on Wednesday as Wall Street stocks suffered another bruising round of losses following the latest report showing US consumer prices remain elevated. The Nasdaq slid 3.2 percent to 11,364 behind big drops in Apple, Facebook-parent Meta and other tech names. The Dow Jones lost 1.0 percent to finish […]
Hong Kong equities opened slightly lower on Wednesday, steadying after losses from Wall Street’s rout on fears of economic risks from surging inflation. The Hang Seng Index dipped 0.62 percent at open to 19,512. The Shanghai Composite Index rose 0.32 percent to 3048, while the Shenzhen Composite Index on China’s second exchange rose 0.61 percent […]
The Dow fell for a fourth straight session on Tuesday ahead of a key US inflation report, but beaten-down tech shares staged a rally amid talk the market has become oversold. A volatile day ended with two of the three major indices in positive territory in a partial rebound from Monday’s rout and the generally […]
Hong Kong stocks opened lower Tuesday following a rout on Wall Street as anxieties spread on rising US interest rates and surging inflation. The Hang Seng Index dropped 3.92 percent, or 783.46 points, to 19,218. The Shanghai Composite Index fell 1.28 percent, or 38.36 points, to 2965.78, while the Shenzhen Composite Index on China’s second […]
The Nasdaq tumbled more than four percent as Wall Street equities endured another battering on Monday amid worries over inflation, rising interest rates and a slowing economy. All three major indices were pummelled in another ugly trading session, with the Dow Jones falling two percent, or more than 650 points, to 32,245. The S&P 500 […]
