News

Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.

DoubleLine's Jeffrey Gundlach said interest rates could shoot higher if Republicans end up controlling the House and securing a governing trifecta.

Fed funds futures contracts pointed to a roughly 75% probability that the U.S. central bank would cut rates again in December.

The Federal Reserve approved its second consecutive interest rate cut Thursday.

This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.

Deal-making has slowed in recent years, largely due to high interest rates, soaring company valuations and a tight regulatory environment.

China emphasized the need for greater cooperation with the U.S. a day after it became clear President-elect Donald Trump would be the next U.S. president.

Adyen, whose technology allows firms to accept payments online and in-store, reported third-quarter net revenue of 498.3 million euros, up 21% year-over-year.

Donald Trump's presidential win has raised the bar for Beijing's fiscal stimulus plans, expected Friday.

UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe's largest banking mergers still hangs in balance.

British digital payments firm Wise said that its first-half profit totalled £217.3 million ($279.8 million) in the first-half period, up 55% year-over-year.

The PBOC head added the central bank plans to “increase the intensity of counter-cyclical monetary policy," state media said in Chinese, translated by CNBC.