Business
Chinese billionaire Bao Fan is “cooperating in an investigation” by authorities, his company said, almost two weeks after his disappearance sparked fears of a...
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Banks in Switzerland are holding a substantial amount of the millions of dollars Lebanese central bank chief Riad Salameh is accused of embezzling, Swiss...
Business
US President Joe Biden has chosen Federal Reserve Vice Chair Lael Brainard to be his top economic advisor, ahead of a potential reelection campaign...
Business
The Bank of England hiked its interest rate again on Thursday to combat soaring inflation as it warned that the UK’s economy had already...
Business
The Swiss and Norwegian central banks announced hefty interest rate hikes on Thursday as global monetary policymakers ramp up the battle against runaway inflation....
Business
Japan’s finance ministry said Thursday it intervened in the currency market to bolster the yen, which has plummeted against the dollar in recent months...
Business
The yen sank to a fresh 24-year low against the dollar on Thursday, with the greenback surging to nearly 146 after Japan’s central bank...
Business
The Federal Reserve raised the key US interest rate again Wednesday and said more hikes are coming as it battles soaring prices.
Business
The Federal Reserve is poised to roll out another big increase in interest rates Wednesday.
Business
US central bankers opened their two-day policy meeting on Tuesday with another steep interest rate hike seen as a near certainty.