Victoria Harbor and Central Money District, Hong Kong, China.
Ucg | Universal Photos Group | Getty Visuals
Hong Kong’s financial state is anticipated to expand 3.5%-5.5% this calendar year soon after shrinking 3.5% in 2022, as it leaves powering Covid-19 restrictions that experienced isolated the town from the rest of the entire world, Financial Secretary Paul Chan said on Wednesday.
Chan gave the forecast though announcing the financial hub’s 2023/24 budget in the Legislative Council.
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Hours after we first reported last week that Berkshire sold off the remainder of its stake in BYD earlier this year, the Chinese electric vehicle maker confirmed […]
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Traders work on the floor at the New York Stock Exchange in New York City, U.S., Sept. 17, 2025. Brendan McDermid | Reuters Stock market growth that seems impervious to tariffs, politics and a moribund jobs picture is in turn powering consumer spending and putting a floor under an economy that many expected to be […]
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Markeiz Ryan, 36, had a pretty good childhood growing up in Maryland, but the 2008 financial crisis changed things. “It wiped my mother’s job away and it really made things tough for us around the time I graduated high school,” Ryan tells CNBC Make It. “I didn’t have much of a financial security blanket to […]
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