Bloomberg Hong Kong’s stock exchange is planning to allow cash market traders to use multiple banks to settle transactions, a move that will help diversify risks and may also mitigate the dangers posed by any escalation in sanctions by Washington and Beijing. Hong Kong Exchanges & Clearing Ltd (HKEX) is drawing up plans to allow traders to sign up multiple ...

  Bloomberg Just a day after airline executives met with US transportation officials on how to stem flight disruptions, a band of storms triggered thousands of cancellations and delays for beleaguered carriers. More than 6,000 flights were late or scrubbed altogether as of 4:25 pm ET, according to tracking website FlightAware. That comes on top of more than 1,700 cancellations ...

Bloomberg Boeing Co delivered a missile interceptor for US’s ground-based system three years late after overcoming vexing subcontractor quality problems, congressional auditors said. The delivery in December, which wasn’t previously announced, followed “production challenges” because “the boost vehicle contractor mishandled a key avionics component and had to build a new one,” the Government Accountability Office said in its annual report ...