News

China's financial risks have dropped, including from local government debt, People's Bank of China Governor Pan Gongsheng said in interviews with state media.

Prices in some areas of the U.S. economy have deflated, meaning they've declined.

The identical 400 million share count in Apple and Buffett's oldest and longest position Coca-Cola prompted some to believe he is done selling the tech stock.

Klarna, best known for its buy now, pay later loans, is launching a personal account for deposits and cashback rewards in the U.S. and Europe.

The country's latest efforts to stem a bond market rally shows that authorities are worried about financial stability, analysts said.

UBS CEO Sergio Ermotti said market volatility could intensify in the second half of the year, but he does not believe the U.S. is heading into a recession.

Chinese electric car brand Zeekr announced new batteries on Tuesday, which the company says offer the fastest charge in the world.

According to UBS, the Paris Olympics, as well as the Eras Tour, are causing demand shocks without impacting the average consumers' spending power.

Unemployment insurance is meant to prop up income after a layoff. The system buckled during the pandemic and is ill-equipped for another crisis, experts said.

The move by JPMorgan, the largest U.S. bank by assets, shows how quickly generative AI has swept through America since the arrival of ChatGPT in late 2022.

A container on a ship at the Beilun area in Ningbo port exploded, state media said Friday.

Years after a debt crisis in the region and a government rescue for Banca Monte dei Paschi, analysts are looking at Italy's banking sector with fresh eyes.