SPY

Bridging Hongkongers. Reporting Truth.

We connect Hongkongers worldwide through independent journalism. We stand for truth, integrity, and the right to be heard.

Finance

How the UK Can Leverage US Tariffs to Reinvigorate Its Economy

In light of recent US tariffs on imported goods, the global trade landscape is undergoing significant shifts, presenting both challenges and opportunities for the United Kingdom. This situation offers the UK a chance to bolster its economic standing and international influence. Experts suggest that a multifaceted approach, involving government policy, business innovation, and consumer support,...

Business

Finance

China Faces US Threat of 104% Tariff Hike, Yuan Depreciation May Be a Strategy

With the United States threatening to impose a 104% tariff on Chinese imports, China is facing significant economic challenges. The move will undoubtedly exacerbate trade tensions between the two nations and have far-reaching consequences on China’s export market. To address this major challenge, the Chinese government is likely to adopt a range of measures, one...

Business

Finance

US Markets Plunge Amid Trade Tensions and Economic Uncertainty

U.S. stock markets endured a turbulent week, with all major indices posting steep losses amid mounting trade tensions with China, wavering investor confidence, and growing fears of a potential economic slowdown. Steep Weekly Losses Across Major Indices • S&P 500 (SPY): Fell by 5.75%, closing at 505.28 USD • Dow Jones Industrial Average (DIA): Declined 5.42%, ending at 383.22 USD • Nasdaq Composite (QQQ): Dropped 6.09%,...