Better supervision needed after bank failures: US Fed chair
US Federal Reserve Chair Jerome Powell said Thursday that stronger regulation and greater agility was required in supervising the banking sector following a string of...
2023-06-29 19:54
US economy likely generated 200,000 new jobs in July, showing more resilience in face of rate hikes
The American economy has generated at least 200,000 new jobs for a record 30 straight months
2023-08-04 12:16
Homebuilder Lennar Corp beats quarterly profit estimates
Homebuilder Lennar Corp on Wednesday beat analysts' estimates for second-quarter profit, helped by higher home prices as upbeat
2023-06-15 04:54
Xi Wants Safety Standards Raised After Deadly Gas Blast Kills 31
Thirty-one people were killed by a gas explosion at a barbecue restaurant in northwestern China on Wednesday night,
2023-06-22 12:19
China police detain some Evergrande wealth management staff
BEIJING Police in southern China have detained some staff at China Evergrande Group's wealth management unit, suggesting a
2023-09-17 12:48
How a 5% US benchmark Treasury yield could further roil markets
By Saqib Iqbal Ahmed NEW YORK A relentless selloff in U.S. government bonds has brought Treasury yields to
2023-10-20 07:24
Schwab slashes fees on more fixed income ETFs
By Suzanne McGee Schwab Asset Management on Monday said it cut fees on the Schwab High-Yield Bond ETF
2023-09-26 06:00
BlackRock's CEO says inflation remains sticky, expects more rate hikes
NEW YORK BlackRock Inc Chief Executive Laurence Fink said on Wednesday that inflation remains sticky and the Federal
2023-06-01 01:23
Saudis Make First Big Global Mining Bet With Vale Metals Stake
Saudi Arabia has made the first big deal in a push to deploy its vast wealth into the
2023-07-28 07:58
Moderna inks deal to make mRNA medicines in China
US drugmaker Moderna has signed a deal to make mRNA medicines in China as part of its first major investment in the country, despite escalating trade and political tension between Washington and Beijing.
2023-07-06 14:45
Amazon, Walmart court early holiday shoppers in US with limited-time deals
By Arriana McLymore NEW YORK Amazon, Walmart, Target and other large retailers launched U.S. sales on Monday and
2023-10-10 18:16
South Africa Business Mood Slips as Car Dealer Sentiment Plunges
South African business sentiment dropped in the fourth quarter as subdued demand sent new-vehicle dealers’ confidence to the
2023-11-21 18:56
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