South Korea’s property market risks an accelerated slide triggered by quirks in renting practices, an outcome that would put its sputtering economy under more pressure and test the confidence of investors already spooked by recent financial sector turmoil.
Financial turmoil following the collapse of three US lenders and the emergency takeover of Credit Suisse Group AG has fueled questions over whether Japanese banks might be at risk from the fallout.
(Bloomberg) — Coinbase Global Inc.’s recent hot streak has come to an abrupt end after a warning notice from the Securities and Exchange Commission about potential violation of securities law renewed uncertainty over extensive parts of the biggest US crypto exchange’s business.
At the Hershey Co. headquarters on Chocolate Avenue in its Pennsylvania hometown, the smell of sweet fudge is inescapable. But the talk was all about salty snacks.
A former Theranos Inc. lab director who testified against Elizabeth Holmes at her criminal fraud trial sued Walt Disney Co., 20th Century Studios, Hulu and other producers of The Dropout, arguing the series has had a devastating effect on his reputation and status as a physician.
Donald Trump urged a federal appeals court to disregard the Justice Department’s decision to reject his claim of absolute immunity against civil lawsuits seeking to hold the former president responsible for the Jan. 6 US Capitol attack.
(Bloomberg) — An activist short seller attack on one US firm and the threat of regulatory action against another have conspired to deal a double blow to Cathie Wood and ARK Investment Management, as both shares are among her top holdings.
Wall Street pros are warning investors who bid up US stocks on expectations the Federal Reserve will soon be cutting interest rates to remember an old cliche: Be careful what you wish for.
First Republic Bank finished lower on Thursday, after briefly erasing declines when Treasury Secretary Janet Yellen said regulators would be prepared to take additional steps to guard bank deposits if warranted.
Block Inc. said it will explore legal action against Hindenburg Research after the short seller issued a report alleging the payments company facilitated fraudsters.
