China’s Covid-Positive Test Rate Jumped to 40% Last Month
China was walloped by a Covid-19 resurgence in May, with a positive test rate nearing the peak seen
2023-06-12 12:19
The Great Grift: How billions in COVID-19 relief aid was stolen or wasted
An Associated Press analysis found that fraudsters potentially stole more than $280 billion in COVID-19 relief funding; another $123 billion was wasted or misspent
2023-06-12 12:18
Is Lisa Vanderpump selling Villa Rosa? Debt-ridden star took out $20M in mortgages on Beverly Hills mansion amid rumors of Vegas move
Fans alleged that Lisa Vanderpump and her husband have surreptitiously sold the property in an off-market deal in order to relocate to Las Vegas
2023-06-12 11:56
UBS set for 'bumpy' integration of Credit Suisse
UBS is poised to complete on Monday its takeover of Credit Suisse, but integrating the former rival is a Herculean task that clients, employees and...
2023-06-12 11:19
UBS to Impose Risk Limits on CS With Deal Set to Close, FT Says
UBS Group AG will impose strict restrictions on bankers from Credit Suisse Group AG, including a ban on
2023-06-12 10:53
Several Chinese lenders cut yuan deposit rates from Monday
BEIJING Several Chinese commercial banks cut interest rates on a range of yuan deposits from Monday, following their
2023-06-12 10:51
Iron Ore Sheds Nearly 5% After Goldman’s China Property Warning
Iron ore fell for the first time in nine sessions as Goldman Sachs Group Inc. warned that property
2023-06-12 10:49
US Economy Remains ‘Very, Very Hot,’ Larry Summers Says
The US economy remains “very, very hot,” though not as much as it was six to 12 months
2023-06-12 10:46
China struggles with weak post-COVID economic recovery
China's manufacturing and consumer spending are weakening after a strong start to 2023 after anti-virus controls ended
2023-06-12 10:24
Goldman Expects ‘L-Shaped’ Recovery in China’s Property Market
China’s struggling real estate industry is expected to see an L-shaped recovery in the coming years, placing a
2023-06-12 10:23
Ex-Deputy Governor Sees No BOJ Normalization in Coming Months
The Bank of Japan is likely to stick with rock bottom interest rates in the near future including
2023-06-12 10:20
Iraq approves record 2023 budget of $153 billion with massive public hiring
BAGHDAD Iraq's parliament on Monday approved a 2023 budget of 198.9 trillion dinars ($153 billion) that sets out
2023-06-12 09:58