Several major Chinese banks are set to lower their yuan and dollar…
Major Chinese Banks to Cut Deposit Rates Soon, State Media Says
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Financial services
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World Bank offers dim outlook for the global economy in face of higher interest rates
WASHINGTON — The global economy is likely slowing sharply this year, hobbled…
World Bank offers dim outlook for the global economy in face of higher interest rates
The global economy is likely slowing sharply this year, hobbled by high…
RBA Announces Further Rate Increase, Sees More on Horizon
By James Glynn SYDNEY–The Reserve Bank of Australia announced its 12th rise…
Stock market today: Asian stocks follow Wall St up after strong US jobs report
BEIJING — Asian stocks followed Wall Street higher on Monday after strong…
UBS Expects to Complete Credit Suisse Acquisition, Delisting as Early as Next Week – Update
By Pierre Bertrand UBS Group said it expects to complete its acquisition…
With oil prices slumping, OPEC+ producers weigh more production cuts
FRANKFURT, Germany — The major oil-producing countries led by Saudi Arabia and…
The 60:40 portfolio is up more than 17%. Why is it doing so much better this year?
“Regression to the mean” is a powerful force in the financial markets,…
Chase working to resolve issue with accidental double payments made through Zelle
A spokesperson for JPMorgan Chase & Co. on Friday has confirmed statements…
4 REITs to Consider–and 2 to Avoid
Postpandemic Las Vegas is booming. Above, the Luxor Hotel and Casino. Photo…
Senate passes debt-ceiling bill in 63-36 vote, sending it to Biden to get signed into law
The U.S. Senate voted 63-36 in favor of a crucial debt-ceiling bill…
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
NEW YORK — Customers of Venmo, PayPal and CashApp should not store…
Sri Lanka reduces interest rates for 1st time since bankruptcy as economy shows signs of rebounding
Sri Lanka’s Central Bank has reduced its interest rates for the first…
House passes debt-ceiling bill in 314-117 vote, sending it over to Senate
The U.S. House of Representatives voted 314-117 in favor of a crucial…
House advances debt-ceiling bill in 241-187 vote, with final vote expected tonight
The U.S. House of Representatives on Wednesday voted 241-187 in favor of…
How to win a bidding war on an in-demand house, according to real-estate mogul Barbara Corcoran
Bidding wars are back, as limited housing-market inventory pits buyers against each…
‘Potent liquidity squeeze’ threatens stock market once debt-ceiling deal is done
Lawmakers and the White House appear set to avert a calamitous U.S.…
The debt ceiling deal: This clause is bad for Social Security
If there were no tax cheats in America, there would be no…
Nestle Names New CFO
By Mauro Orru Nestle appointed Anna Manz from the London Stock Exchange…
Debt-ceiling deal reached in principle by Biden and McCarthy, vote could come early next week
WASHINGTON — President Joe Biden and House Speaker Kevin McCarthy reached an…
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