PDD Surges 18% After Hit App Temu Wrests Shoppers From Shein
PDD Holdings Inc. surged 18% after reporting a stronger-than-anticipated doubling in revenue, as hit shopping app Temu ramped
2023-11-29 08:16
Dollar Weakens, Treasuries Rally on Fed Pivot Bets: Markets Wrap
The dollar weakened and Treasuries extended their November rally on speculation the Federal Reserve is done with interest-rate
2023-11-29 07:54
Moody’s Says $4 Trillion of Debt Exposed to Environmental Risks
The amount of debt facing heightened exposure to environmental risks has more than doubled to over $4 trillion
2023-11-29 07:52
Analysis-Debt-laden China's local governments scramble to rescue small banks with $21 billion in special bonds
By Ziyi Tang and Ryan Woo BEIJING Local governments in China have sold record amounts of so-called special
2023-11-29 07:28
China's Meituan launches $1 billion share buyback program
Chinese food delivery giant Meituan on Wednesday confirmed it had authorised a share buyback of up to $1
2023-11-29 07:19
Panama to Shut Down First Quantum Mine After Ruling, President Says
Panama’s government said it will shut a giant copper mine owned by First Quantum Minerals Ltd., damping hopes
2023-11-29 06:58
Adelson Family to Buy Sports Team With $2 Billion Share Sale
Miriam Adelson, the widow of casino magnate Sheldon Adelson, is selling $2 billion of stock in Las Vegas
2023-11-29 05:56
Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99
Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed
2023-11-29 05:22
Ex-Nuveen Trader Pleads Guilty to $47 Million Insider Scheme
A former Nuveen LLC trader pleaded guilty to tipping off an Oregon retiree about the asset management firm’s
2023-11-29 04:49
China Lifts Trade Blocks Challenged at WTO Against Lithuania
China has dropped trade measures targeting Lithuania that the Baltic nation deemed illegal as the two governments discuss
2023-11-29 04:30
Fed’s Waller, Bowman Open Door to Another Interest Rate Pause in December
Two Federal Reserve officials who led the push for higher interest rates to curb inflation last year signaled
2023-11-29 04:17
Bank of America to Pay $12 Million Over Reporting of False Mortgage Data
Bank of America Corp. agreed to pay $12 million in fines for submitting false mortgage-lending information to the
2023-11-29 03:15