Search For Keyword.

Business

Hong Kong economy shrinks for first time in a decade

Hong Kong confirmed Monday it plunged into recession in 2019, suffering its first annual contraction in a decade as the city buckled under the twin pressures of the US-China trade war and months of furious pro-democracy protests. The data was released as the semi-autonomous city begins the...

Companies feel impact of coronavirus outbreak in China

Some companies have warned that a coronavirus outbreak in China could disrupt supply chains or hurt bottom lines as factories and shops shut and airlines suspend flights. FINANCIAL IMPACT: * Electrolux said the epidemic could have a material impact if its Chinese suppliers were...

Apple closes China stores until Feb 9 due to virus

Apple announced on Saturday the closure of its stores, corporate offices and contact centres in mainland China until February 9 due to the new coronavirus epidemic. The virus has prompted the government extend the Lunar New Year holiday through this weekend in a bid to contain its spread,...