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AstraZeneca (AZN.US) said it has begun to stop selling its Covid vaccine Vaxzevria globally and will retract the marketing authorisation for the vaccine in Europe, as a result of the development of several vaccines against mutated Covid viruses and a surplus of available boosters, which has led to a decline in demand for Vaxzevr...
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Markets are looking forward to the US Fed's interest rate cut and corporate quarterly results, and US stocks developed individually. DJIA rose 31 points or 0.1%, while the Nasdaq fell 0.1%.Hong Kong market opened higher in the morning after snapping a 10-day rally streak yesterday. HSI opened 31 points or 0.2% higher at 18,5...
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PCCW (00008.HK) is planning to sell about 40% of its fiber-optic business to China Merchants Group (CMG), Bloomberg News quoted sources as saying. The two parties are in the final stage of negotiations, and are finalizing the details of the deal, which is expected to be priced between US$850 million and US$900 million. An announ...
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With the establishment of a comprehensive strategic partnership between China and Saudi Arabia in 2022, China-Saudi Arabia connectivity flourishes, and Hong Kong's superconnector role is there for all to see, Wilfred Yiu, Deputy Chief Executive Officer, Co-Chief Operating Officer & Co-Head of Markets at HKEX (00388.HK), ...
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WYNN MACAU (01128.HK) announced that its controlling shareholder, Wynn Resorts, has prepared its results for 1Q ended March this year in accordance with IFRS. Macau business of Wynn Resorts reported operating revenue of US$206 million, rocketing 3.4x YoY. Operating income hiked 66.4% YoY to US$999 million, while adjusted propert...
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