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Hong Kong’s economy to shrink by more than a quarter, economy minister says

Hong Kong, Taiwan and Macau will see their economies shrink by between one and three quarters as a result of the impact of the global financial crisis, Hong Kong Finance Minister Michael Chu said Tuesday.Chu, a former U.S. Treasury secretary who is also Taiwan’s Finance Minister, said the economy was “about to lose almost one […]

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Chrysler shares slide 3% after ‘very strong’ Q2 results

Chrysler’s market share fell slightly in the third quarter, according to the company’s latest results.Chrysler’s overall sales fell 9% in the quarter, from a year ago, and the automaker said it expects to spend $2.2 billion to $2,800 billion in capital spending in 2017, the biggest year-over-year increase since the first quarter of 2014.Chrysler shares […]

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