Cnn business news 25 may 2019 in hong
Here are the top business news stories from CNN Business on May 25, 2019:
Hong Kong
- Hong Kong protests: What's behind the unrest? (May 25, 2019) - Thousands of protesters have taken to the streets of Hong Kong to demand greater democracy and an investigation into alleged police brutality. The protests have been ongoing for weeks, with no signs of letting up. (Source: CNN Business)
- Hong Kong's economy is feeling the heat (May 25, 2019) - The protests have taken a toll on Hong Kong's economy, with tourism and retail sales declining. The city's economy is also facing challenges from the US-China trade war and a slowing global economy. (Source: CNN Business)
Global Economy
- Global economy is slowing down, says IMF (May 25, 2019) - The International Monetary Fund (IMF) has cut its forecast for global economic growth, citing trade tensions and slowing economic growth in major economies. The IMF now expects the global economy to grow at a rate of 3.3% in 2019, down from its previous forecast of 3.5%. (Source: CNN Business)
- US-China trade talks to resume (May 25, 2019) - The US and China have agreed to resume trade talks, with the goal of reaching a deal to end the trade war. The talks are expected to take place in Beijing in the coming weeks. (Source: CNN Business)
Tech
- Facebook's Libra cryptocurrency faces scrutiny (May 25, 2019) - Facebook's plans to launch a new cryptocurrency, Libra, have faced criticism from regulators and lawmakers. The US Federal Reserve and other regulators have expressed concerns about the potential risks and benefits of Libra. (Source: CNN Business)
- Amazon's Alexa is getting a new voice (May 25, 2019) - Amazon is introducing a new voice for its Alexa virtual assistant, which will be available in the coming weeks. The new voice is designed to be more natural and conversational. (Source: CNN Business)
Markets
- Stocks fall as trade tensions escalate (May 25, 2019) - Global stock markets fell on Friday as trade tensions between the US and China escalated. The Dow Jones Industrial Average fell 0.5%, while the S&P 500 fell 0.4%. (Source: CNN Business)
- Oil prices fall as demand concerns grow (May 25, 2019) - Oil prices fell on Friday as concerns about global demand grew. The price of Brent crude oil fell 1.2%, while the price of West Texas Intermediate crude oil fell 1.1%. (Source: CNN Business)