Oil prices surged and US stock futures fell on Sunday night in their first reaction to Israel’s war with Hamas.
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GGV Capital, a prominent Silicon Valley venture capital firm, has become the latest big investor to break up its US a...
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Australia’s new central bank chief, Michele Bullock, took the helm Monday after a firestorm of criticism over rising ...
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A major Chinese property company has suspended offshore debt payments, deepening turmoil in the beleaguered sector.
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As British chip designer Arm prepares to raise about $5 billion in an initial public offering (IPO) on Thursday, its ...
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A who’s who of Big Tech companies is set to invest in one of the most highly anticipated initial public offerings in ...
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Shares of VinFast, the Vietnamese electric vehicle maker that went public in a red-hot Wall Street debut last week, e...
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China has surprised investors by deciding not to cut an important interest rate that influences mortgages, in a move ...
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One of Vietnam’s biggest automakers has made a big splash on its entry to Wall Street, pushing its market capitalizat...
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Tesla is back to cutting prices in China, and investors don’t seem happy about it.
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One of China’s biggest property developers says it has burned through up to $7.6 billion in the first half of the yea...
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New constraints on US investments in advanced technology in China will exacerbate a slump in deals between the world’...
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A top executive at HSBC has apologized after reportedly calling the UK government “weak” over its dealings with China...
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HSBC’s profits have soared as it continues to cut costs and cash in on high interest rates around the world.
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HSBC is halving the size of its global headquarters and moving out of Canary Wharf, a business district built in the ...
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A Beijing-based multinational lender is launching an internal review after Canada suspended its ties with the regiona...
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Canada is suspending ties with a Beijing-based multinational lender — billed as Asia’s answer to the World Bank — pen...
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Central banks have been credited with averting a global depression twice over the past 15 years: Once after the 2008 ...
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A rural South Korean county was mocked for spending more than $2 million to build a statue of bats made out of real g...
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China's first few months of reopening to the world hasn't gone as planned for global businesses.
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When the Federal Reserve embarked on an aggressive campaign to quash inflation last year, it did so with the goal of ...
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US regional bank stocks look set to rebound Friday but are still down sharply this week, accentuating fears that fede...
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HSBC shareholders are expected to vote Friday on demands for a radical overhaul of the bank.
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JPMorgan Chase's rescue of First Republic Bank in the United States this week didn't herald the end of the banking cr...
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The Federal Reserve is widely expected to raise its benchmark interest rate again on Wednesday, lifting it above 5% f...
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Europe's banks are pulling back access to credit, and a key measure of inflation in the region has cooled, bolstering...
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If my bank fails, how much of my savings will I get back?
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Last month, the collapse of Silicon Valley Bank, the second-largest bank failure in US history, unleashed broader pan...
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For years, global investors preferred American stocks to European ones. But at a time of change in financial markets,...
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Japan's workers still aren't getting paid enough to keep up with rising prices. That's hurting living standards and c...
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At the start of the year, economists and corporate leaders expressed optimism that global economic growth might not s...
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From Dallas and Minneapolis to New York and Los Angeles, offices sit vacant or underused, showing the staying power o...
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The British pound crashed to a record low last fall as investors rebelled against budget plans by former Prime Minist...
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HSBC's top brass defended their strategy Monday to frustrated shareholders in the lender's largest market, as Europe'...
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Oil prices spiked during Asian trade Monday after OPEC+ producers said they would cut production in a surprise move.
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Regulation introduced after the 2008 financial crisis was supposed to make bank bailouts a thing of the past. But its...
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A slowdown in global initial public offerings continued in the first quarter of 2023 and is likely to endure in the c...
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The Bank of England has called for urgent action to address a weak spot in the UK financial system as persistent worr...
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South Korean internet company Kakao has become the largest shareholder of SM Entertainment, winning a battle for cont...
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