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Hong Kong billionaire Li Ka-shing's firm to sell stake in fintech upstart
Hong Kong billionaire Li Ka-shing's firm to sell stake in fintech upstart
by  AFP

Hong Kong billionaire Li Ka-shing's firm is selling its stake in the parent company of fintech upstart AMTD Digital, according to a statement released Thursday, after the company enjoyed a massive rally this week. Li's CK Group said in a statement that it holds less than four percent of AMTD Digital's parent company, AMTD Group, and has entered negotiations to sell those shares.

Asian markets rally on healthy US data, post-Pelosi relief
Asian markets rally on healthy US data, post-Pelosi relief
by  AFP

Asian markets on Thursday tracked a Wall Street rally fuelled by healthy economic and earnings data, while there was some relief that Nancy Pelosi's Taiwan trip did not elicit a harsher response from China despite grave warnings from Beijing.

Brazil hikes interest rate, signals may tighten further
Brazil hikes interest rate, signals may tighten further
by  AFP

Brazil's central bank raised its benchmark interest rate for the 12th straight time Wednesday, citing an "adverse and volatile" global economy, and indicated its tightening cycle, one of the world's most aggressive, may not be over.

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