Wednesday , 17 December 2025

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Hong Kong to add artificial islands to tackle city’s looming housing crisis

Bloomberg Hong Kong will add artificial islands to counter a runaway property market that’s made the city the world’s least affordable for housing. The government will aim to reclaim 1,700 acres (688 hectares) off Lantau Island, the city’s Chief Executive Carrie Lam said on Wednesday in a policy address. That compares with the 1,670 acres of extra land that a …

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US stocks fall for a fifth day as Treasuries retreat

Bloomberg US stocks fell for a fifth day as Treasury yields resumed their upward march and investors grew increasingly concerned about the effects of the trade war with China. Oil held near $75 a barrel as a major hurricane headed for the Florida Panhandle. The S&P 500 headed for its longest slide since Donald Trump’s election win on rising concern …

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Indian stocks rebound from a six-month low

Bloomberg Indian stocks rebounded as some investors judged the recent selloff as excessive after the benchmark index closed at a six-month low. The S&P BSE Sensex rose 1.4 percent to 34,760.89 at close in Mumbai after a technical indicator fell below a level that some investors see as a signal to buy shares. Seventeen of 19 sector sub-indexes compiled by …

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