China International Capital Corp. plans to expand its reach in the United Arab Emirates and Saudi Arabia as President Xi Jinping pushes for closer ties to the Middle East amid rising tensions with the US.
Oil is set for its third weekly advance after OPEC and its allies surprised the market with a production cut, while shrinking US inventories added to the bullishness.
Three people on board a sightseeing helicopter died after the aircraft crashed near the UNESCO World Heritage Site Ha Long Bay in Northern Vietnam Wednesday afternoon, according to a statement on the government’s website.
Asian stocks fell after US equities dropped and government bonds rallied against the backdrop of weaker-than-expected economic data that supported forecasts for recession.
Central banks in New Zealand and Australia on Wednesday showcased starkly different approaches in their battle to quell inflation — illustrating a choice that most of their developed-world peers also confront.
Jane Street Group, Tower Research Capital and Radix Trading are the three unidentified trading firms cited as “VIP” clients of Binance Holdings Ltd. in a top US regulator’s lawsuit against the cryptocurrency exchange, according to people with direct knowledge of the matter.
Samsung Electronics Co. is heading for its lowest profit since the global financial crisis, if not longer, due to a sharp slowdown in tech demand that triggered losses at its semiconductor division.
Breathing polluted air was linked to an increased risk for dementia, underscoring the potential for stricter air quality measures to prevent conditions like Alzheimer’s disease that afflict millions of Americans.
Shares of China’s state-owned enterprises have been a hot trade in a mostly lackluster equities market this year, but disappointing earnings are causing investors to reassess their bullish bets.
Robert F. Kennedy Jr., a scion of one of America’s foremost political dynasties who has emerged as a prominent anti-vaccine activist in recent years, will challenge Joe Biden for president in 2024.
