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Hong Kong stocks fell on Friday as investors were rattled by reports of Israeli missiles hitting Iran, with the heightened Middle East tensions triggering a scramble for safe haven assets.
The Hong Kong stock market has moved higher in consecutive trading days, advancing almost 140 points or 0.9 percent along the way. The Hang Seng Index now sits just above the 16,380-point plateau although it's likely to open in the red on Friday.
By Kimberley Kao Oil stocks in Asia rose Friday after reports of an Israeli missile strike on Iran sent oil prices higher, helping energy companies buck broad selloffs that hit markets across...
Hanwha Ocean has reinforced its marine construction business by entering the offshore wind power market and hiring a foreign expert from a global offshore equipment provider, the shipbuilder said Friday.
Oil prices jumped overnight after explosions were reported near the Iranian city of Isfahan, but those gains dissipated Friday as officials sought to play down the latest escalation in Middle East tensions.