US Virgin Islands seeks to subpoena Elon Musk in Jeffrey Epstein lawsuit
The government of the U.S. Virgin Islands is asking a federal judge to help it serve billionaire Elon Musk with a subpoena for documents in its lawsuit seeking to hold JPMorgan Chase liable for sex trafficking acts committed by businessman Jeffrey Epstein
2023-05-16 09:55
Australia's central bank hiked in May due to inflation risks, more raises may be required
SYDNEYAustralia's central bank decided to hike at its May meeting due to inflation risks from weak productivity growth,
2023-05-16 09:55
China’s Central Bank Outlook Spurs Call for Monetary Action
The People’s Bank of China hinted Monday it will keep monetary policy supportive, prompting expectations it may cut
2023-05-16 09:52
Buffett Exits TSMC While Hedge Funds Coatue, Tiger Global Buy
Taiwan Semiconductor Manufacturing Co. drew mixed bets from top investors in the first quarter, as Warren Buffett closed
2023-05-16 09:47
FTC to block Amgen's deal to acquire Horizon Therapeutics - source
The US Federal Trade Commission (FTC) is expected to file a lawsuit as early as Tuesday to block
2023-05-16 09:47
A barbecue frenzy is gripping China. Can street food revive the economy?
When China was in the midst of a pandemic-induced economic slump in 2020, then Premier Li Keqiang touted the idea of creating jobs by encouraging street vendors to set up shop across the country. That pitch was quickly shot down by close associates of leader Xi Jinping, who characterized the traditional trade as "unhygienic and uncivilized."
2023-05-16 09:47
LNG Exporters Eye New Australia Growth as Profit Boom Fades
Liquefied natural gas exporters aim to advance multibillion-dollar projects and revive the sector’s growth in Australia, arguing additional
2023-05-16 09:28
Alibaba Vows ‘Historic’ Investment in Taobao and Content
Alibaba Group Holding Ltd.’s e-commerce division will make “huge” investments in its Taobao shopping app, as the newly
2023-05-16 09:25
Michael Burry Doubles Alibaba Stake in Big Bet on China Tech
Michael Burry, the money manager made famous in The Big Short, now has a Big Long when it
2023-05-16 09:22
FTC to Sue to Block Amgen’s Takeover of Horizon Therapeutics
The US Federal Trade Commission is expected to file a lawsuit Tuesday to block Amgen Inc.’s $27.8 billion
2023-05-16 09:18
Delays Won’t Hurt Japan’s First Casino, Osaka Governor Says
Years of delay to plans for Japan’s first casino resort won’t have an adverse effect on the project
2023-05-16 08:59
New Zealand Set to Remain OECD Outlier Without Monthly CPI
New Zealand looks likely to remain the sole OECD nation without a monthly inflation report for some time
2023-05-16 08:56