Hong Kong tensions unnerve world stock markets, oil tumbles
Friday, 22 May 2020 Global equity markets edged lower on Friday as Beijing moved to impose a new security law on Hong Kong after last year's pro-democracy unrest, further straining U.S.-China ties that cast a pall over recovery prospects and sent oil prices tumbling.
Equity benchmark indices gained for the second consecutive day on Wednesday as heavy buying was witnessed in pharma and financial stocks. The BSE SandP Sensex closed 622 points or 2.06 per cent higher at 30,819 while the Nifty 50 edged higher by 187 points or 2.11 per cent at 9,067. All sectoral...
Hong Kong media tycoon and pro-democracy campaigner Jimmy Lai was denied bail on Thursday on a charge of fraud related to the lease of a building that houses his newspaper Apple Daily. Flora Bradley-Watson reports.
Legislators from a global cross-party alliance on China urged people to buy Australian wine on Tuesday, posting a video in response to trade sanctions on wine imported from Australia. Libby Hogan reports.