Finance

US Stocks Plunge After Latest Unemployment Data

US stock markets slumped on Friday after a solid US jobs report boosted expectations for more Federal Reserve interest r... Read more

US Employment Growth Slows Down In September

Hiring in the US economy slowed slightly in September, as expected, while the jobless rate ticked back down to the same ... Read more

Embattled Credit Suisse Moves To Ease Debt Burden

Credit Suisse will buy back up to 3 billion Swiss francs (US$3 billion) of debt, the embattled Swiss bank said on Friday... Read more

China Forex Reserves Fall To US$3.029 Tn In Sept

China's foreign exchange reserves fell in September, official data showed on Friday, as the dollar climbed against other... Read more

US Stocks Close Lower - All Eyes On Jobless Data

US equity markets fell on Thursday ahead of keenly anticipated employment data that will be scrutinized for its implicat... Read more

IMF Head Warns Of 'dangerous New Normal'

IMF chief Kristalina Georgieva urged global policymakers on Thursday to take concerted action to avoid a "dangerous 'new... Read more

Apple Convinces Court To Slash Huge Fine

A French court on Thursday slashed more than 700 million euros from a record 1.1-billion-euro fine imposed on US tech gi... Read more

US Stocks Decline, Snapping Two-day Winning Streak

Wall Street stocks finished a volatile session modestly lower on Wednesday, snapping a two-day winning streak following ... Read more

Opec+ Agrees Major Oil Output Cut, Biden Disappointed

Opec and its Russia-led allies agreed on a major cut in oil production to boost crude prices on Wednesday, irking the Un... Read more

WTO Slashes 2023 Trade Forecast As Recession Looms

The World Trade Organisation on Wednesday dramatically lowered its global trade forecast for 2023, as Russia's war in Uk... Read more

US Stocks Pull Back As Market Eyes Opec Decision

Wall Street stocks retreated early on Wednesday following two strong sessions as markets digested solid US hiring data a... Read more

HK Stocks Close Up 5.9 Percent

Hong Kong stocks soared on Wednesday as investors returned from a public holiday to play catch-up, with a global rally f... Read more

HK Stocks Soar On Interest Rate Hopes

Hong Kong stocks soared more than five percent at the open of trade Wednesday as investors returned from a public holida... Read more

Musk Offers To Close Twitter Deal At Original Price

Elon Musk on Tuesday offered to push through with his buyout of Twitter at the original agreed price, just weeks before ... Read more

Nasdaq Jumps 3.3 Percent, Extending US Stocks Rally

Wall Street stocks rallied for a second straight session on Tuesday amid hopes of a US monetary policy pivot, as Twitter... Read more