Americans are 'unwittingly funding' blacklisted Chinese companies, Congressional panel says
A Congressional select committee is investigating BlackRock, the world's largest asset manager, and MSCI, one of the biggest providers of index funds, to determine whether they are investing Americans' savings in Chinese companies blacklisted by the US government for security and human rights issues.
2023-08-02 05:27
Dan Loeb’s Third Point Laments Missing ‘Obvious’ Tech Rally, Pivots to AI
Third Point LLC’s flagship fund underperformed the broader US market in the second quarter, gaining just 1.1% after
2023-08-02 02:46
Asia Stocks Set to Follow Bullish Wall Street Mood: Markets Wrap
Asian stocks were poised to start the new month higher, following the bullish mood on Wall Street that
2023-08-01 06:47
Kerala lottery: Women sanitation workers hit India lottery jackpot
Eleven women from India's Kerala state win a 100m rupee ($1.2m) lottery after pooling their money.
2023-08-01 05:53
Maruti Suzuki Meets Profit Estimate, to Buy Parent’s Plant
Maruti Suzuki India Ltd. reported first-quarter profit in line with the estimate as easing semiconductor crisis boosted sales.
2023-07-31 19:17
MUFG Says It Handled Credit Suisse Debt Sales ‘Mostly Properly’
Mitsubishi UFJ Financial Group Inc.’s brokerage venture said it handled sales of Credit Suisse’s riskiest debt properly for
2023-07-31 17:48
Goldman, Morgan Stanley See BOJ Tweak Boosting Japan Stocks
Strategists at Morgan Stanley and Goldman Sachs Group Inc. see the Bank of Japan’s tweak of yield-curve control
2023-07-31 13:55
Asia’s Richest Families Fuel Race for Lucrative Finance Jobs
On a sweat-laced evening in June, while much of Hong Kong dug into supper, two dozen students snaked
2023-07-31 07:27
Hermes Sales Soar as US Demand for Birkin Bags Stays Strong
Hermes sales jumped as the Birkin maker continued to see resilient demand for its high-end handbags, notably in
2023-07-28 14:19
Surf Air Opens Trading at $5 a Share in Direct Listing, Then Drops
Surf Air Mobility Inc. began trading at $5 a share and fell 37% from there in the first
2023-07-28 05:58
DoorDash Is Working on an AI Chatbot to Speed Up Food Ordering
DoorDash Inc., the US food-delivery service that competes with Uber Technologies Inc. and GrubHub, is looking to speed
2023-07-28 03:28
Mexico's Femsa plots billion-dollar growth plan after divestments
By Valentine Hilaire MEXICO CITY (Reuters) -Mexican bottler and retailer Femsa could spend $7 billion to $8 billion on new
2023-07-28 01:23