Hong Kong’s Exchange Fund earnings tumble 74% as HKMA warns of more market turbulence

South China Morning Post - Nov 6, 2026

Hong Kong’s Exchange Fund, the war chest used to defend the local currency, reported a 74 per cent tumble in third-quarter earnings amid pervasive market uncertainty, the Hong Kong Monetary Authority (HKMA) said on Friday. Earnings totalled HK$18.6 billion (US$2.4 billion) in the quarter, plunging from HK$70.8 billion a year earlier. For the first nine months of 2026, total earnings slid 39.6 per cent from a year earlier to HK$171.9 billion. The Exchange Fund’s Hong Kong equities portfolio...

Read full article
More News
What Shaped Anthropic CEO Dario Amodei’s Thinking on A.I.

What Shaped Anthropic CEO Dario Amodei’s Thinking on A.I.

Some call him a doomer. Others see him as a responsible technologist. Here’s how the Anthropic chief executive’s thinking on artificial intelligence was shaped.

Read more
Delhi's toxic winter air is back - is the Indian capital prepared for pollution?

Delhi's toxic winter air is back - is the Indian capital prepared for pollution?

The Delhi government has announced a four-month winter action plan, but experts say that won't be enough.

Read more
Democrats' radical 'day one' agenda after midterms triumph sparks dire warnings of higher inflation and retirement savings disaster as stock market tanks

Democrats' radical 'day one' agenda after midterms triumph sparks dire warnings of higher inflation and retirement savings disaster as stock market tanks

The proposal could deepen Wall Street's financial bloodbath, devastate Americans' retirement savings, drive up inflation, slash wages and leave the nation exposed to attacks.

Read more
Google, Meta and TikTok Sue California Over Ban on Features for Kids

Google, Meta and TikTok Sue California Over Ban on Features for Kids

Separate lawsuits were filed by Google, Meta and TikTok, which have been battling a flood of claims that their services are addictive.

Read more
Canadian astronaut Joshua Kutryk completes second spacewalk, more than six hours long

Canadian astronaut Joshua Kutryk completes second spacewalk, more than six hours long

Canadian astronaut Joshua Kutryk is safely back inside the International Space Station after successfully completing his second spacewalk in two weeks.

Read more
Trump's 'Doomsday Plane' built to survive nuclear war is spotted flying across US on undisclosed mission

Trump's 'Doomsday Plane' built to survive nuclear war is spotted flying across US on undisclosed mission

The Boeing E-4B known as the 'Doomsday Plane,' serves as a survivable airborne command post from which senior leaders can direct US forces during a national emergency.

Read more
BBC Inside Science

BBC Inside Science

A glimpse into the world of the incredibly tiny

Read more
Moment 3,000 tarantulas are discovered in airport luggage... and the shocking find may land travelers in jail for years

Moment 3,000 tarantulas are discovered in airport luggage... and the shocking find may land travelers in jail for years

Airport security made a shocking find after uncovering thousands of spiders inside three suitcases moments before an international flight.

Read more
The 'mermaid' that fooled the world: Scientists reveal the true identity of a bizarre creature once hailed as a missing link between humans and fish

The 'mermaid' that fooled the world: Scientists reveal the true identity of a bizarre creature once hailed as a missing link between humans and fish

According to Jack Daly, a lecturer in writing and rhetoric at the University of Colorado Boulder, the creature was never a genuine biological oddity at all.

Read more
Over 1,000 tonnes of sewage seen at landfill site

Over 1,000 tonnes of sewage seen at landfill site

The Environment Agency says it has issued the operator with a series of actions after an inspection.

Read more
Environmental Ballot Wins

Environmental Ballot Wins

Voters around the country approved measures on conservation, water and data centers on Tuesday.

Read more
Parents Sue Google Over A.I. Safety Risks on School Chromebooks

Parents Sue Google Over A.I. Safety Risks on School Chromebooks

A student made plans to end her life after chatting with Google’s artificial intelligence, a new lawsuit claims, amid mounting concerns about online harms to children.

Read more

About Us

Delivering news from all over the globe, StarJournal keeps you abreast with the greatest minds in science, be it researchers, theorists or even popularizers.