Hong Kong Stocks Plunge to Losses for 4th Straight Year

This summer, when Hong Kong’s stock market rout seemed to have no end in sight, the city’s financial chief, Paul Chan, jumped into action, creating a task force to inject confidence into a market that was being pummeled by global investors wary of China. Hong Kong cut taxes on trading and Mr. Chan went on a roadshow to Europe and the United States, promising measures to “let investors feel optimistic about the outlook.” Investors were anything but sanguine, however, and the city’s Hang Seng Exchange is among the world’s worst-performing…

2023 Space and Astronomy News: What to Expect

New Rockets NASA got its giant Space Launch System off the ground for the first time in 2022, lighting up the night in Florida with an incredible stream of flame as it carried the Artemis I mission toward the moon. That shifted attention to SpaceX, which is building a next generation rocket, Starship, that is also central to NASA’s crewed Artemis III moon landing attempt. SpaceX cleared a key environmental review that would allow it to launch an uncrewed orbital test flight from South Texas if it met certain conditions.…