JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington,... Read more »
Local governments in China are still building highways, bridges and railways, as pictured here in Jiangxi province on Sept. 6, 2024. Cfoto | Future Publishing | Getty Images BEIJING — China’s persistent... Read more »
Sign up for theIndia Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Small-cap funds in India... Read more »
Zimbabwe’s new currency, the ZiG, strengthened a day after its debut, the central bank said. Source link Read more »
Shareholders in Azure Minerals Ltd. have approved the Australian lithium miner’s takeover by billionaire Gina Rinehart’s private company Hancock Prospecting Pty Ltd. and partner Sociedad Química y Minera de Chile. Under the... Read more »
Turkey further eased regulations forcing banks to buy government bonds and reduced a security maintenance ratio again in its latest steps to end punitive measures on lenders. The monetary authority scrapped forced... Read more »
British billionaire Joe Lewis would be sufficiently punished with less than a year and a half in prison for passing secret corporate information to his private pilots and girlfriend, US prosecutors told... Read more »
Americans who enjoyed capital gains from a rallying stock market or interest from high-yield savings accounts in 2023 may have a few surprises waiting for them in their tax bill. That’s emerging... Read more »
UK trading platforms are broadening access for retail investors to newly issued gilts, looking to tap into bourgeoning demand for the securities. The private-sector initiative, which allows clients to indirectly participate in... Read more »
Money-market fund assets rose to a fresh record high for the second straight week on expectations short-term rates will remain elevated for longer after traders reined in bets on the first Federal... Read more »
Serbian President Aleksandar Vucic said Ana Brnabic will step down as prime minister to become parliamentary speaker after leading the government for almost seven years. The Progressive Party may decide on a... Read more »
First Quantum Minerals Ltd. expects to secure authorization from Panamanian officials in the coming weeks to sell more than 120,000 metric tons of copper concentrate stored near a port that served its... Read more »
Home prices in Sweden have largely stagnated since the start of the year, indicating that the worst-case-scenario of a housing price crash has been avoided, according to state-owned lender SBAB. House prices... Read more »
The IRS is bringing the hammer down on the ultra-wealthy’s abuse of tax breaks on the use of corporate jets. The agency will begin three to four dozen new audits this spring... Read more »
A Toronto-based hedge fund that outperformed the Canadian corporate bond market three years in a row is buying up longer-term notes in anticipation that the Bank of Canada will soon make its... Read more »
After a stretch of hyperinflation that neared an estimated 2 million percent a year, Venezuela posted the smallest consumer price increase for January in more than a decade. The monthly inflation print... Read more »
In a low-key second-floor office in the heart of Dubai’s bustling financial center, bankers working for Moelis & Co. are busier than ever — so much so that the firm has had... Read more »
Jeff Bezos has unloaded another 12 million shares of Amazon.com Inc. valued at $2 billion, bringing the total sold in the past week to more than $6 billion. He sold the latest... Read more »
Mexican billionaire Carlos Slim said that, depending on conditions, he could increase his stake in Talos Energy Inc. Source link Read more »