China Bohai Bank said on Monday it is looking to sell 29 billion yuan ($3.99 billion) worth of non performing loans as the faltering Chinese economy and
July 22, 2024
The crude oil market is currently tight but next year will likely be in surplus, with Brent prices declining into the mid-to-high $70s range, Morgan Stanley said.
July 22, 2024
Europe's biggest banks report their second-quarter earnings this week, with all eyes on whether the gains from
July 22, 2024
A look at the day ahead in European and global markets from Wayne Cole.
July 22, 2024
China cut short and long-term rates by 10 basis points on Monday, with the central bank saying it was aiming to support growth.
July 22, 2024
China cut benchmark lending rates at a monthly fixing on Monday, after the central bank surprised the markets by lowering a key short-term policy rate earlier in the session.
July 22, 2024
China surprised markets by cutting major short and long-term interest rates on Monday, its first such broad move since August last year, signalling intent to boost growth in the
July 21, 2024
Oil prices fell for a second consecutive session on Monday to their lowest level in over a month, as investors looked past U.S.
July 21, 2024
The U.S. dollar was slightly higher on Monday in quiet trading overall, as investors digested U.S.
July 21, 2024
An index of global shares steadied on Monday as investors weighed President Joe Biden's decision to end his reelection bid over the
July 21, 2024
S&P 500 e-mini futures were up slightly late on Sunday after U.S.
July 21, 2024
A look at the day ahead in Asian markets by Noel Randewich. Markets face a new U.S. electoral calculus after U.S.
July 21, 2024
A top U.S. bank regulator's confidential assessments found 11 of the 22 large banks it supervises have "insufficient" or "weak" management of a broad swath of risks ranging from
July 21, 2024
Varta stock plunged as much as 80% to a record low on Monday after the German battery maker said restructuring options to avert insolvency,
July 21, 2024
Costs from the global outage could top $1 billion – but who pays the bill is harder to understand
July 21, 2024
You’re not going crazy — you may actually be paying higher prices than other people
July 21, 2024
Britain's new finance minister Rachel Reeves said she will consider giving inflation-busting pay increases for almost 2 million government employees later this month to avoid
July 21, 2024
Cryptocurrency exchange Binance's U.S. affiliate on Friday received approval from a federal judge to invest certain customer assets in U.S. Treasury bills.
July 19, 2024
JPMorgan Chase said it is working to restore service to automated teller machines (ATMs) affected by a global digital outage while a majority of its ATMs are operating normally, according
July 19, 2024
Activist investor Elliott Investment Management has built a sizable position in Starbucks and has been discussing ways of improving the coffee chain's stock
July 19, 2024
Insurers could face a raft of business interruption claims after a worldwide tech outage crippled industries from travel to finance on Friday, insurance industry
July 19, 2024
Brazil has reached agreement for consensus documents to be approved at the G20 finance meetings scheduled for next week in Rio de Janeiro, Mauricio Lyrio, Brazil's ambassador at
July 19, 2024
Travelers Companies reported a jump in second-quarter profit as higher investment income offset steep catastrophe losses, but lower-than-expected growth in net written premiums dragged the
July 19, 2024
Reliance Industries, India's most valuable company, reported first-quarter profit below analysts' estimates on Friday, hurt by lower margins on fuel sales.
July 19, 2024
U.S. equity funds attracted big inflows in the seven days to July 17, driven by expectations of a U.S. interest rate cut amid cooling consumer prices and robust corporate earnings.
July 19, 2024
Liechtenstein votes to join IMF in referendum
TSMC and Samsung discuss building middle eastern megafactories, WSJ reports
Musk says SpaceX plans to launch about five uncrewed Starships to Mars in two years
Zelenskiy arrives in New York for UN meetings, Ukrinform says
French PM Barnier flags tax hike on the wealthy
Modi rallies Indian Americans, lauds diaspora ahead of US election
Boston's Triston Casas hits 3 home runs in 1st 3 at-bats vs Twins
An estimated 180,000 motorcyclists converge at Portuguese shrine to have their helmets blessed.
Scherzer going into free agency at 40 off most frustrating season and expects to pitch healthy again