PBOC Cuts SLF Rate to Boost Liquidity, Strengthens Support for Small Businesses and the Real Economy

The People’s Bank of China has cut the Standing Lending Facility (SLF) rate and injected additional liquidity into the financial system. This move is aimed at lowering borrowing costs and supporting the real economy, particularly…

Global Oil Prices Plummet to Four-Year Low as OPEC+ Hike Hits Hong Kong Energy Stocks

**Oil Price Plunge Drags Down Hong Kong Energy Stocks** Oil prices tumbled to a four-year low as OPEC+ unexpectedly ramped up production amid growing global economic uncertainty. Brent crude slipped toward the $60 per barrel…

U.S. Imposes 25% Tariff on Auto Parts: Global Supply Chain Disruption and How It Hits Hong Kong Auto Tech Stocks

The U.S. has imposed a 25% tariff on imported auto parts, sending shockwaves through the global automotive supply chain. This sudden move is expected to drive up vehicle prices for consumers while sharply increasing production…

U.S. Dollar Strengthens While Pound Struggles as Fed and Bank of England Diverge on Interest Rates

This week, markets are keeping a close eye on interest rate decisions from both the U.S. Federal Reserve and the Bank of England. The two central banks appear to be taking different paths—while the Fed…

Warren Buffett to Step Down as Berkshire Hathaway CEO in 2025, Greg Abel to Lead Company into New Era

Warren Buffett announced he will step down as CEO of Berkshire Hathaway at the end of 2025, marking the close of a legendary six-decade investment career. Speaking at the company’s annual shareholders meeting, Buffett shared…

Euro to Dollar Volatility Surges as Inflation and Jobs Data Shift Fed and ECB Rate Expectations

The euro saw sharp fluctuations against the U.S. dollar as a wave of major economic data was released from both the United States and the Eurozone. A rise in core inflation and stronger-than-expected job numbers…

U.S. Adds 177,000 Jobs in April, Beating Forecasts — Healthcare and E-Commerce Lead Gains as Wage Growth Cools, Easing Inflation Concerns

In April, the U.S. economy added 177,000 non-farm jobs, surpassing market expectations and signaling continued strength in the labor market. Job growth was led by the healthcare sector and e-commerce logistics, which remained key drivers…

U.S. GDP Shrinks 0.3% in Q1 2025

The U.S. economy stumbled at the start of 2025, with first-quarter GDP contracting at an annualized rate of 0.3%. Meanwhile, inflation rose to 3.5%, fueling fresh concerns about stagflation—a troubling mix of slowing growth and…