Asia

China's new home price declines persist but narrow modestly in major cities

BEIJING (Reuters) -China's new home prices declined again in July, falling 0.3% on month, but the drop narrowed slightly in major cities, official data...

Hong Kong stocks sink on China data, drawing record ‘southbound’ fund flow

Hong Kong stocks posted the first back-to-back decline in two weeks on Friday after China’s July economic data fell short of estimates and a...

US weighs taking stake in Intel, Bloomberg News reports

WASHINGTON — The Trump administration is in talks with Intel to have the government potentially take a stake in the chipmaker, Bloomberg News reported...

Trump administration considers buying piece of Intel, Bloomberg reports

The Trump administration might take an ownership stake in Intel, Bloomberg reported Thursday, an extraordinary step that could boost the chipmaker’s financial position —...

Stocks retreat after hot US inflation data shakes Fed rate cut hopes

Global stocks retreated from record highs on Thursday while U.S. Treasury yields rose after market expectations for an interest rate cut by the Federal...

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