Chinese yuan hits strongest level against the dollar in 16 months
The Chinese yuan has weakened sharply against the U.S. dollar in the last several weeks as the greenback strengthens and investors worry about
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business news
DOJ accuses Visa of monopoly that impacts price of ‘nearly everything’
Justin Sullivan | etty Images The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an
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Novo Nordisk CEO testifies at Senate over weight loss drug prices
Novo Nordisk‘s top executive faces a Senate grilling on Tuesday over the high prices of the company’s weight loss drug Wegovy and diabetes
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Fed’s jumbo rate cut puts the U.S. on track for soft landing
U.S. Federal Reserve Chair Jerome Powell holds a press conference in Washington, D.C., on Sept. 18, 2024. Mandel Ngan | AFP | Getty
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China central bank releases slate of support measures amid a deepening economic slump
Pan Gongsheng, governor of the People’s Bank of China, delivers a speech during the 2024 Lujiazui Forum on June 19, 2024 in Shanghai,
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PBOC presser; S&P new record; RBA rate decision
Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets climbed
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Trump Media stock hits new low after DJT lockup lifts
Sopa Images | Lightrocket | Getty Images Shares of Trump Media sank Monday to their lowest price in more than a year, days
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Britain’s finance minister calls for spending discipline but no return to austerity
Britain’s Chancellor of the Exchequer Rachel Reeves speaks on the second day of the annual Labour Party conference in Liverpool, north-west England, on
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European stocks; live stock moves, PMI data, Fed cut reaction
Customers sit outside at a cafe terrace in Paris, France, on Nov. 10, 2021. Bloomberg | Bloomberg | Getty Images LONDON — European
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India rules out joining RCEP, accuses China of non-transparent trade practices
Indian flag and Chinese flag displayed on screen. Anadolu | Anadolu | Getty Images India’s commerce minister rejected the idea of joining the
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