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Finance News

September 24, 2021
Chinese banks try to calm fears about developer's debts
Trying to dispel investor fears, some Chinese banks are disclosing what they are owed by a real estate developer that is ...
September 23, 2021
Peru says body of Shining Path leader to be cremated
The Peruvian prosecutor’s office on Thursday ordered the cremation of the body of Abimael Guzmán, the leader of the brutal ...
September 23, 2021
Bank of England keeps rates on hold, warns over inflation
The Bank of England kept its main interest rate at the record low of 0.1% while warning Thursday that inflation is set to be ...
September 23, 2021
Taiwan asks to join trade group, says China might interfere
Taiwan announced Thursday it has applied to join an 11-nation Pacific trade group, setting up a potential clash with rival ...
September 23, 2021
Under pressure, Powell says Fed to revamp its trading rules
Federal Reserve Chair Jerome Powell said Wednesday that the central bank will overhaul its financial ethics policies in ...
September 22, 2021
Zuma's trial postponed until October in South Africa
The corruption trial of former South African President Jacob Zuma was postponed until Oct. 26 while the judge considers a ...
September 22, 2021
Chinese builder in debt jam says it will make bond payment
A Chinese real estate developer whose struggle to avoid defaulting on billions of dollars of debt has rattled global markets ...
September 20, 2021
Fed likely to signal a coming pullback in economic support
The Federal Reserve is expected this week to send its clearest signal yet that it will start reining in its ...
September 17, 2021
Man sentenced to 12 years in $200 million phone-fraud scheme
A Pakistan resident has been sentenced to 12 years in prison for a conspiracy to “unlock” phones from AT&T’s network, a ...
September 15, 2021
Chinese property developer's debt struggle rattles investors
One of China’s biggest real estate developers is struggling to avoid defaulting on billions of dollars of debt, prompting ...
September 15, 2021
Study: State worker pension systems in best shape since 2008
Pension systems for state government workers across the U.S. are in their best shape since the Great Recession began more ...
September 14, 2021
Spain's govt steps in to halt record rise in power prices
Spain’s Socialist-led coalition government said Tuesday it is slashing energy taxes and imposing a temporary windfall tax on ...
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September 10, 2021
Polish Senate rejects media bill affecting US-owned company
Poland's Senate voted on Thursday to reject a media bill seen as targeting a U.S.-owned television network's ability to keep ...
September 09, 2021
Lebanon to start paying cash aid to poor families next month
Lebanon’s government said Thursday it will start paying cash assistance next month to hundreds of thousands of poor families ...
September 08, 2021
Glitches still plague bitcoin rollout in El Salvador
Salvadorans trying to pay for a cup of coffee or receive money sent from relatives in the United States using the ...
September 08, 2021
Gas explosion in apartment building outside Moscow kills 2
A gas explosion in an apartment building outside Moscow on Wednesday killed two people and injured at least five others, law ...
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September 08, 2021
UK supermarket Morrisons plans auction to end bidding war
The British supermarket chain Morrisons plans to end a bidding war for the company by holding an auction between two U.S.
September 08, 2021
Early stumble as El Salvador starts Bitcoin as currency
El Salvador became the first country to adopt Bitcoin as legal tender Tuesday, but the rollout stumbled in its first hours ...
September 01, 2021
New online site launched to help people get child tax credit
The government has collaborated on a new internet site to help more Americans apply for and receive the expanded child tax ...
September 01, 2021
COVID recession pushed Social Security insolvency up a year
The sharp shock of the coronavirus recession pushed Social Security a year closer to insolvency but left Medicare’s ...
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