China names head of powerful new financial regulator as industry faces greater scrutiny
China has appointed the head of its powerful new financial watchdog, which was created as part of sweeping reforms aimed at reining in the $60 trillion industry.
2023-05-11 16:52
SoftBank Group logs $7.2 billion full-year loss on tech woes
SoftBank Group reported an annual net loss of over $7.2 billion on Thursday after a bruising year for the tech startup sector in...
2023-05-11 16:30
Yellen: Different system needed to end repeated standoffs over US debt ceiling
Treasury Secretary Janet Yellen says that in her personal opinion, the United States should adopt a different system for national finances that might forestall repeated standoffs with Congress over spending
2023-05-11 16:28
US debt 'brinkmanship' risks serious costs: Yellen
Political brinkmanship over raising the US debt ceiling risks "serious economic costs" even without the "catastrophe" of a default, Treasury Secretary Janet Yellen warned Thursday...
2023-05-11 15:26
Yellen Says Debt Default Would Hurt US International Leadership
Treasury Secretary Janet Yellen said failure to avoid a looming federal government default would undermine Washington’s ability to
2023-05-11 15:24
SoftBank posts $7.18 billion annual loss as Vision Fund slides further
TOKYO (Reuters) -Japan's SoftBank Group Corp reported an annual net loss of 970 billion yen ($7.18 billion) for the year
2023-05-11 14:26
SoftBank Vision Fund Loses $32 Billion on Weak Startup Values
SoftBank Group Corp.’s Vision Fund unit reported a record annual loss after a recent global stock market rebound
2023-05-11 14:23
Yellen warns US default would threaten global economy, undermine US leadership
By Andrea Shalal NIIGATA, Japan U.S. Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4
2023-05-11 13:49
Marketmind: US debt drama crashes Japan's G7 party
A look at the day ahead in European and global markets from Kevin Buckland. U.S. Treasury Secretary Janet Yellen is
2023-05-11 12:49
Pakistan Latest: Army Deployed as Imran Khan Arrest Fuels Unrest
Pakistan’s government called in the military to help end violent protests after former premier Imran Khan was arrested
2023-05-11 12:29
G-7’s Push Against ‘Economic Coercion’ Has an Audience of One
Group of Seven nations aim to send a signal to China this month by announcing a joint effort
2023-05-11 12:15
New York City Suspends Shelter Rules as Migrant Numbers Surge
New York City Mayor Eric Adams temporarily suspended some of the rules that require the city to shelter
2023-05-11 12:15