The continental China's Ministry of Commerce reports that the country's FDI, or foreign direct investment, shrank by 27.9% year over year to 360.2 billion yuan ($49.7 billion) from January to April. This includes the lowest FDI since November, which was 58.5 billion yuan last month. The number...

U.S. Treasury Secretary Janet Yellen told Reuters that the dangers for European banks doing business in Russia are increasing and that the country is considering tightening its secondary sanctions against banks that are discovered to be supporting transactions related to Russia's military campaign....

Executives in the City of London are hoping a new government would give them more attention and stop years of political turmoil as Britain gets ready to go back to the polls.   Business executives in London's financial community seem more at ease than normal over the outcome of the July 4...

Following the implementation of a new Securities and Exchange Commission (SEC) regulation in February 2023, the settlement period for U.S. stocks, corporate municipal bonds, and other securities will be halved to one day, or T+1. This will cause a stir in the U.S. markets on Tuesday, May 28....

As increased interest rates put pressure on American consumers and businesses, Jeffrey Gundlach, the CEO of investment management firm DoubleLine Capital, stated on Thursday that he believes a U.S. recession may occur as soon as this year.   He noted that indicators of impending economic...

Although May saw the fastest growth in U.S. business activity in just over two years, manufacturers reported a spike in input costs, indicating that products inflation may increase in the coming months.   The manufacturing and services sectors are tracked by S&P Global's flash U.S....

Amid concerns over the outcome of applications for U.S. spot exchange-traded funds that track the second-biggest cryptocurrency globally, ether was poised for its best two-day rise in almost two years on Tuesday. Meanwhile, bitcoin was getting close to a new high.   After rising 13.8% on...

At a speech to hundreds of international investors in Tokyo on Wednesday, Japanese Prime Minister Fumio Kishida publicly pushed for further capital market changes and emphasised asset management.   His attendance at a conference hosted by Wall Street bank Morgan Stanley (MS.N), opens new...

Asian stocks reached two-year highs on Monday, while records were set for copper and gold as investors bet on impending interest rate cuts and China ramping up measures to stabilise its faltering real estate industry.   Following the death of Iran's president in a helicopter accident and the...