Australia’s lenders are “unquestionably strong” and its households and firms are well placed to cope with higher interest rates and inflation, the Reserve Bank said, seeking to alleviate concerns about potential fallout from global financial turmoil.
China International Capital Corp. plans to expand its reach in the United Arab Emirates and Saudi Arabia as President Xi Jinping pushes for closer ties to the Middle East amid rising tensions with the US.
Central banks in New Zealand and Australia on Wednesday showcased starkly different approaches in their battle to quell inflation — illustrating a choice that most of their developed-world peers also confront.
Jane Street Group, Tower Research Capital and Radix Trading are the three unidentified trading firms cited as “VIP” clients of Binance Holdings Ltd. in a top US regulator’s lawsuit against the cryptocurrency exchange, according to people with direct knowledge of the matter.
Samsung Electronics Co. is heading for its lowest profit since the global financial crisis, if not longer, due to a sharp slowdown in tech demand that triggered losses at its semiconductor division.
The 34 felony criminal counts brought against former President Donald Trump by the Manhattan district attorney amount to “a weak case” that is politically driven, Speaker Kevin McCarthy said Wednesday.
US House Speaker Kevin McCarthy has signaled to China that the country can’t influence who he meets with, following a Southern California get-together Wednesday with Taiwanese President Tsai Ing-wen.
Shares of China’s state-owned enterprises have been a hot trade in a mostly lackluster equities market this year, but disappointing earnings are causing investors to reassess their bullish bets.
Breathing polluted air was linked to an increased risk for dementia, underscoring the potential for stricter air quality measures to prevent conditions like Alzheimer’s disease that afflict millions of Americans.
Robert F. Kennedy Jr., a scion of one of America’s foremost political dynasties who has emerged as a prominent anti-vaccine activist in recent years, will challenge Joe Biden for president in 2024.
