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U.S. Treasury Secretary Bessent said the Fed's liquidity tools are aimed at containing volatility in offshore markets.

2026-08-04

U.S. Treasury Secretary Bessent said the Fed's liquidity tools are aimed at containing volatility in offshore markets.

Other News
2026-08-04

At midday in Hong Kong the HSI was down 0.49% and the Hang Seng Tech Index down 0.19%. Half-day turnover reached HK$135.16 bln. Sector leaders: optical communications, PCB, semiconductor stocks and pharma outsourcing/CRO names. Laggards: pork produce

At midday in Hong Kong the HSI was down 0.49% and the Hang Seng Tech Index down 0.19%. Half-day turnover reached HK$135.16 bln. Sector leaders: optical communications, PCB, semiconductor stocks and pharma outsourcing/CRO names. Laggards: pork producers, online education and mainland banks. Notable movers: WuXi AppTec (02359.HK) up >10%; Zhipu (02513.HK) up >7%; Huahong Hongli (01347.HK) up >4%; CATL (03750.HK) up >3%. Decliners included MINIMAX-W (00100.HK) down ~5%, XPeng (09868.HK) down >4% and Li Auto (02015.HK) down >3%.
2026-08-04

A temporary shift in Ukrainian drone targets has reduced strikes on refineries, boosting domestic refining runs and cutting Russian crude exports. Industry-compiled tanker shipping data show four-week exports to Aug. 2 fell to 3.9m bpd — the first ti

A temporary shift in Ukrainian drone targets has reduced strikes on refineries, boosting domestic refining runs and cutting Russian crude exports. Industry-compiled tanker shipping data show four-week exports to Aug. 2 fell to 3.9m bpd — the first time in six weeks below 4.0m bpd and the lowest level since mid-June. If Ukrainian attacks on refining facilities resume, Russian crude exports could rebound in the coming weeks.
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