Combined total trading value at the Shanghai and Shenzhen exchanges passed the 1 trillion yuan ($145.2 billion) mark for the fifth consecutive day Monday, the longest streak since August, in a sign of returning optimism to China’s recovery.
Japan’s financial regulator is urging local banks to better manage risks tied to their $655 billion in securities holdings, even as they remain insulated from the recent turmoil at some US peers.
Ken Griffin’s Citadel is cutting ties with Sterling Bay, the developer that it partnered with on its new Miami headquarters.
The Democrats demanded answers over SVB’s close relationships with its customers.
Australian Treasurer Jim Chalmers warned of “complex and confronting” global economic conditions as he prepares to head to Washington for a Group of 20 meeting and about a month out from handing down his nation’s annual budget.
Pharmacies are pushing ahead with sales of the abortion pill even after a judge’s decision threatens to restrict access to the drug nationwide as soon as Friday.
British households slashed back spending on groceries and dining out in March as persistent double-digit inflation forced them to tighten their belts.
England’s health service is girding for a fresh four-day strike by junior doctors, compounding Prime Minister Rishi Sunak’s struggle to end months of labor unrest that has slowed the UK’s post-pandemic recovery.
House Republican allies of former President Donald Trump plan a hearing in New York next week on what they call Manhattan District Attorney Alvin Bragg’s “pro-crime, anti-victim policies.”
The Biden administration is awarding more than 600 community lenders $1.7 billion in grants from a Treasury Department program intended to help small businesses recover from the Covid-19 pandemic.
