Hong Kong stocks rose to an almost two-week high as slower growth in US consumer prices bolstered the case for the Federal Reserve to cut interest rates, while investors wait for fourth-quarter economic data that may show a stronger recovery in China.

Hong Kong will launch a new yuan-denominated trade finance scheme and expand the hours and scope of its Bond Connect program for mainland China investors, Eddie Yue, Chief Executive of the Hong Kong Monetary Authority said on Monday.

HONG KONG (AP) — Asian stocks were mixed Wednesday followed Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of market-boosting rate cuts by the Federal Reserve. U.S. futures and oil prices were little changed. Tokyo’s Nikkei 225 index edged 0.1% higher to 38,505.54.

Asian markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year. The inflation figures tempered worries that the Federal Reserve might not cut rates this year -- or possibly even hike them -- following a blockbuster jobs report on Friday.

The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward pressure on the yuan, analysts say.

Asian markets are mostly lower after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity

The Hang Seng in Hong Kong added 0.2% to 19,264.46 after ... The fear is that all the strong data will convince the Federal Reserve to deliver less relief this year through lower interest rates.

Massachusetts Senator Peter Durant wants the state to establish a strategic Bitcoin reserve amid global clamor for the coin.

U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.

Global shares are mostly higher following a rally on Wall Street driven by encouraging update on U.S. inflation. Oil prices slipped and U.S. futures edged higher.

Ask any centralized cryptocurrency firm to name one of their biggest priorities or challenges—and then count the number of times they mention

President Joe Biden is extending Deferred Enforced Departure (DED) for 24 months through Feb. 5, 2027, for any Hong Kong resident (regardless of country of birth) currently living in the United States.