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Citigroup agreed to pay U.K. regulators $78 million, after a botched 2022 order to sell shares caused a brief “flash crash” in European stocks.
The software giant’s stock has lagged behind peers as investors worry about AI’s costs—and time to payoff.
Buying from central banks, particularly from China, can keep the gold rally going even if anxious individual investors don’t jump in.
Coinbase, Kraken and others are fighting for survival after a regulatory crackdown.
The private-equity firm’s plan is part of a broader movement in the buyout industry to expand ownership beyond management ranks.
Shares of Macy’s rose, while Lowe’s stock fell after the retailers reported results.
Investment giant Blackstone recently led a $7.5 billion deal backed by artificial-intelligence chips, the latest financing that looks to take advantag
The premium-headphone market is soaring while Sonos speaker sales are sagging, but the competition with Apple will be fierce.
Meaningful rises or falls in global government bond yields look unlikely in the near term as interest rates have peaked, but persistent inflation mean
Singapore’s central bank separately announced plans to sell up to US$1.9 billion of sovereign bonds to fund environmental projects.
The major Chinese developer has secured a fresh loan that takes its total borrowings this month to more than US$1 billion, part of ongoing efforts to
Janus Henderson is significantly overweight on Australian REITs in its fixed-interest portfolios, building positions in Dexus, GPT and Vicinity Centre
The JPMorgan chief executive says his timeline “isn’t five years anymore.”
Tech stocks led the Nasdaq Composite to a new high as investors continued to bet on the strength of U.S. consumers and rate cuts. The Dow slipped 0.5%
Competition to buy the world’s most exclusive stores is intense despite modest rent growth.
The crypto asset manager is battling an investor exodus from its flagship bitcoin fund.
A new 25% tariff on Chinese EV batteries and parts could hit Tesla and Ford’s cheapest electric vehicles.
The Treasury secretary came out against the proposed global levy, which proponents say would stop the rich from shifting wealth into countries where t
The 10-year Japanese government bond yield climbed to an 11-year high, driven by growing market expectations that the Bank of Japan will take addition
Nikola, the embattled hydrogen-truck maker, wants to put convicted founder Trevor Milton in the rearview mirror. Milton has had other plans.