The Great Grift: How billions in COVID-19 relief aid was stolen or wasted
An Associated Press analysis found that fraudsters potentially stole more than $280 billion in COVID-19 relief funding; another $123 billion was wasted or misspent
2023-06-12 12:18
UBS to Impose Risk Limits on CS With Deal Set to Close, FT Says
UBS Group AG will impose strict restrictions on bankers from Credit Suisse Group AG, including a ban on
2023-06-12 10:53
Several Chinese lenders cut yuan deposit rates from Monday
BEIJING Several Chinese commercial banks cut interest rates on a range of yuan deposits from Monday, following their
2023-06-12 10:51
Iron Ore Sheds Nearly 5% After Goldman’s China Property Warning
Iron ore fell for the first time in nine sessions as Goldman Sachs Group Inc. warned that property
2023-06-12 10:49
US Economy Remains ‘Very, Very Hot,’ Larry Summers Says
The US economy remains “very, very hot,” though not as much as it was six to 12 months
2023-06-12 10:46
China struggles with weak post-COVID economic recovery
China's manufacturing and consumer spending are weakening after a strong start to 2023 after anti-virus controls ended
2023-06-12 10:24
Goldman Expects ‘L-Shaped’ Recovery in China’s Property Market
China’s struggling real estate industry is expected to see an L-shaped recovery in the coming years, placing a
2023-06-12 10:23
Ex-Deputy Governor Sees No BOJ Normalization in Coming Months
The Bank of Japan is likely to stick with rock bottom interest rates in the near future including
2023-06-12 10:20
Eisai, Biogen Clinch FDA Advisers’ Support for Alzheimer’s Drug
Eisai Co.’s Alzheimer’s disease drug developed with Biogen Inc. gained support from advisers to US regulators, paving the
2023-06-12 09:22
Four Vietnam Police Officers Killed in Coffee Region Shootings
Vietnam police arrested 16 suspects after four officers were killed in shootings at police stations in the country’s
2023-06-12 09:21
Japan's wholesale inflation eases for 5th straight month in May
By Leika Kihara TOKYO Japanese wholesale prices rose 5.1% in May from a year earlier, slowing for the
2023-06-12 08:29
Fed Will Keep Rates High Thanks to Inflation Fueled by Corporate Greed, Investors Say
Soaring corporate profits are a big part of the inflation problem, and keeping interest rates high is the
2023-06-12 08:28