Hong Kong exchange’s third-quarter gains down 30% on lessen trading volume

Hong Kong’s bourse operator on Wednesday reported a 30% fall in third quarter revenue as soaring costs, inflationary pressure and geopolitical tensions harm service fees generated from trading and listing things to do.

The income attributable of Hong Kong Exchanges and Clearing (HKEX) in the 3rd quarter slumped to HK$2.26 billion from HK$3.25 billion the exact same time period previous 12 months.

Profits of the bourse in the quarter dropped by 23% from HK$5.31 billion to HK$3.94 billion, dragged down by weaker funds sector turnover because of to lessen marketplace liquidity and sluggish trading.

Source

World

Five reasons why oil prices haven’t surged higher despite the Iran war

May 12, 2026

The Iran war has triggered the largest oil supply disruption in history yet future prices are not that high, which has left some investors wondering why. The answer has to do with the oil balance before the war, the response to the disruption, market expectations and whether the futures price is really the best place […]

World

Here’s the inflation breakdown for April 2026 — in one chart

May 12, 2026

Fuel prices are displayed on a sign as customers fill their vehicles at a gas station in Miami, April 13, 2026. Joe Raedle | Getty Images Inflation jumped in April to the highest level in nearly three years as surging gas prices due to the Iran war pushed up the cost of many consumer goods. […]

World

Consumer prices rose 3.8% annually in April, the highest since May 2023

May 12, 2026

High gas prices are displayed at a Shell gas station on May 11, 2026 in Burbank, California. Mario Tama | Getty Images Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy. The consumer price […]