Hong Kong (CNN Business)Hong Kong's new leader John Lee on Friday vowed to strengthen the city's standing as a global business hub, but he gave no hint of diverging from Beijing's insistence on strict zero-Covid rules. The former British colony's reputation as an international financial center has b

New York (CNN Business)Lori Garver spearheaded the NASA program that paved the way for SpaceX to return human spaceflight to the United States after a decade-long wait. In her new book and in a recent interview she reflects on that success, the controversial cast of characters driving this new space

Asian equities resilient after Wall Street retreat Wall Street retreated sharply overnight as the FOMO gnomes decided that weak consumer confidence numbers and forward expectation sub-indices were perhaps not good for stock prices after all. The S&P 500 fell by 2.01%, the Nasdaq slumped by 2.98%

Readers should probably stop watching US stock markets for economic wisdom, as the price action overnight confirmed that part of the financial world has as little future insight as anywhere else. Last week, US equity markets rallied on the back of the arcane logic that a US recession would mean a lo

New DelhiDelhi police have arrested a prominent Muslim journalist, accusing him of insulting religious beliefs on social media, in a move condemned by free speech advocates. Mohammed Zubair, co-founder of fact-checking website Alt News, which debunks misinformation in the Indian media, was arrested

Despite a batch of weak economic data, European stocks had their best session in more than three months on Friday as investors went on a buying spree, grabbing several battered down stocks, amid slightly easing worries about inflation. Aggressive policy tightening by the Federal Reserve, the Bank of

Despite a batch of weak economic data, European stocks had their best session in more than three months on Friday as investors went on a buying spree, grabbing several battered down stocks, amid slightly easing worries about inflation. Aggressive policy tightening by the Federal Reserve, the Bank of

Washington, DC (CNN Business)Gas prices may be skyrocketing, but Americans still love their RVs despite the fact that they often get 10 mpg — or less. RV popularity boomed during the pandemic as travelers looked for safe ways to travel while maintaining social distance. Americans continue to turn to

New York (CNN Business)A California startup wants to put satellites into a circular chamber and whip them around to more than 5,000 miles per hour before letting them burst out, allowing a rocket to fire up its engine only after it's escaped the smothering tug of Earth's gravity. Humanity has been p

Europe European markets have enjoyed a welcome respite today, after six days of losses, driven largely by the news that the ECB was looking to speed up work on a crisis tool to deal with concerns about fragmentation in EU bond markets, and Italian bonds. The FTSEMib has been the standout gainer beca

U.K. stocks advanced on Wednesday as the Bank of England begins its two-day policy meeting today. The central bank is likely to opt for a more cautious 25 basis-point increase while the Fed, which delivers its rate decision later in the day, is expected to raise interest rates by at least 50 bps. Th

Hi, MarketWatchers. Don’t miss these top stories. Woman denied a colonoscopy by her doctor died of colon cancer at 39, friend says in viral Twitter thread The conversation points to the need for early colorectal cancer screening, and the challenges many women face in dealing with the medical system.

Europe It’s been another day of surging yields and risk averse stock markets today, as the hangover from Friday’s hot US CPI number, carried over into a new trading week, with the FTSE100 sliding back towards its lows last month, with the DAX not too far behind it. Asia markets carried over from whe

European stocks tanked on Monday, extending losses from the previous session, as fears of a possible recession and news of a "ferocious" COVID-19 outbreak in Beijing's most populous district of Chaoyang sapped investors' appetite for riskier assets. Fears of aggressive monetary tightening by the Fed

Precious metals markets enter summer trading with investors looking for signs of a directional move. Gold and silver prices consolidated this spring with silver showing more of a downside bias. Silver did find 200-week moving average support at the $21 level in early May, however. That long-term tre