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SHANGHAI–China’s central bank raised a suite of key short-term interest rates for the second time since late January, attributing the moves to shifting market expectations due to a recovering domestic economy and monetary tightening in the U.S.
The People’s Bank of China raised the interest rates it charges commercial banks in the money market on the seven-day, 14-day and....More>>>
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U.K. regulators set out plans for ensuring senior staff of financial-services firms can be held to account for misconduct on their watch, extending rules already in place for banks to almost all firms.
Starbucks (NASDAQ:SBUX) is an incredibly well-run business with impressive fundamentals as a direct result. That’s it; no need to discuss about the atmosphere in the stores, rewards programs, Pokemon Go, or even Chinese market penetration. That is the job of the management. The company has proven its worth year after year through its strong fundamental growth.
U.S. stocks have dramatically outperformed the rest of the world since the financial crisis… The benchmark S&P 500 Index has soared 254% from its March 2009 bottom. Meanwhile, European and emerging market stocks have returned 150% and 106%, respectively, in that span. But suddenly, investors are no longer favoring the U.S… Money is now moving out of American....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins