Revised US Market Forecast Amidst Year-End Rally: What Investors Should Know
The S&P 500 index has undergone a revised forecast due to the ongoing year-end rally and evolving market dynamics. In this article, we will explore the reasons behind the revision and its potential implications for investors.
Hongkongers set the bar for financial security at $1 million, but what next?
The S&P 500 index has undergone a revised forecast due to the ongoing year-end rally and evolving market dynamics. In this article, we will explore the reasons behind the revision and its potential implications for investors.
Public service charges are set to rise amid economic challenges, what do you need to know?
The Hong Kong government is reviewing public service charges and user-pays fees to raise revenue and reduce long-term infrastructure investment. This is in response to a larger-than-expected deficit of over HK$110 billion in the 2023-24 fiscal year, caused by heavy pandemic-related spending. In addition of a sluggish property market, revenue from stamp duty, land sales, and share transactions fell short of estimates at the beginning of the year.
Best Hong Kong USD Fixed Deposit Rates(June 2025 Guide)
In today's economic climate, securing stable returns on your hard-earned savings is more crucial than ever. This comprehensive guide delves into the best Hong Kong USD time deposit rates offered by both traditional and virtual banks, and introduces innovative alternatives to help you make informed financial decisions.Capitalise on high interest!
Deep Dive Into Syfe Cash+ Flexi
In essence, Syfe Cash+ Flexi lets you earn more on your savings with a yield of 4.4% per annum for Flexi USD and 2.3% per annum for Flexi HKD.
Fed Holds Rates Steady at Latest FOMC Meeting
The Fed kept interest rates unchanged for the fourth straight time, aligning with expectations. Markets responded with mixed movements: the Nasdaq and S&P 500 edged up 0.3% and 0.2%, led by tech names like Coinbase (+16%), while the Dow dipped 0.1%.
