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JP Morgan's global fixed-income head Michelle said this is not an environment for interest-rate cuts.

2026-06-18

JP Morgan's global fixed-income head Michelle said this is not an environment for interest-rate cuts.

Other News
2026-06-18

Federal Reserve Chairman Warsh: It's an honor to return to the Federal Reserve.

Federal Reserve Chairman Warsh: It's an honor to return to the Federal Reserve.
2026-06-17

By the midday break the Hang Seng Index was down 0.37% after plunging more than 200 points earlier and breaching the 24,400 level. The index opened near 24,495, ran to 24,560 before heavy selling pushed an intraday low of 24,272 (-221 points); losses

By the midday break the Hang Seng Index was down 0.37% after plunging more than 200 points earlier and breaching the 24,400 level. The index opened near 24,495, ran to 24,560 before heavy selling pushed an intraday low of 24,272 (-221 points); losses narrowed to under 100 points before the break. The Hang Seng Tech Index was up 0.17%. Market turnover was HKD 145.51 bln. PCB names and newly listed AI stocks rose for a third session; storage, semiconductor and domestic retail stocks staged a strong rebound. Building materials & cement, electronic components and power equipment led gains. Rare earths, property management and computer hardware pulled back; internet healthcare, autos and oil & gas fell for a third straight day; aluminum and dairy were weak. Notable movers: Sunny Optical (02382.HK) +~8.5%, MINIMAX-W (00100.HK) +6%+, Kuaishou (01024.HK) ~+6%, Huahong Hongli (01347.HK) +5%; XPeng (09868.HK), Geely Auto (00175.HK) and China Resources MixC Lifestyle (01209.HK) each down >3%, CNOOC (00883.HK) and Laopu Gold (06181.HK) near -3%.
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