Finance

US Stocks Fall As Southwest, Tesla Dive

Wall Street ended mostly lower on Tuesday at the beginning of a holiday-shortened week as investors weighed the likeliho... Read more

Wall Street Edges Up Ahead Of Holidays

The S&P 500 closed higher on Friday, in a light trading day ahead of a long weekend, as investors assessed inflation... Read more

Facebook Settles Privacy Case For US$725mn

Facebook owner Meta Platforms Inc has agreed to pay US$725 million to resolve a class-action lawsuit accusing the social... Read more

US Stocks Plunge On Monetary Tightening Fears

Wall Street stocks tumbled on Thursday, closing in a sea of red after data that indicated a strong labour market and bet... Read more

FTX Boss Bankman-Fried To Be Freed On Bail

A US judge ordered FTX co-founder Sam Bankman-Fried be released on US$250 million bail on Thursday while he awaits trial... Read more

US GDP In Q3 Revised Up To 3.2%: Government

The US economy expanded 3.2 percent in the third quarter this year, the Commerce Department said on Thursday, in a furth... Read more

FTX Co-founder Bankman-Fried Extradited To US

FTX co-founder Sam Bankman-Fried arrived in the United States from the Bahamas in FBI custody on Wednesday, US media rep... Read more

US Stocks Rally On Consumer Data, Nike Results

Wall Street stocks jumped on Wednesday following a surprisingly strong consumer confidence report and Nike results that ... Read more

US Crypto Mining Firm Files For Bankruptcy Protection

Core Scientific Inc, one of the biggest publicly traded cryptocurrency mining companies in the United States, said on We... Read more

US Consumer Confidence Jumps In December: Survey

Consumer confidence in the US economy spiked in December, bouncing more than expected as inflation expectations dipped a... Read more

'We Aim For Improved Economic Growth In Early 2023'

China will seize the time window to implement policy measures to support the economy, aiming for an improvement in growt... Read more

Musk To Step Down As Twitter CEO Once Successor Found

Elon Musk said on Tuesday he would resign as chief executive of Twitter once he finds a replacement, in apparent respons... Read more

Wall Street Edges Up After Declines

US stocks rose slightly on Tuesday following four sessions of declines, as investors worried about everything from holid... Read more

Yen Surges On Surprise Bank Of Japan Policy Move

The yen soared to a four-month high against the US dollar on Tuesday after a surprise tweak to monetary policy by the Ba... Read more

Mainland Economy To See 'stronger, Healthier' Growth

President Xi Jinping has stressed the need to boost economic development while ensuring stability at the Central Economi... Read more