Business

The latest business news, market analysis, and financial advice.

Asian shares mixed after S&P 500 slips ahead of Fed interest rate decision

Barbara Terrio

HONG KONG (AP) — Asian shares were mixed on Monday ahead of a Federal Reserve decision this week on interest ...

profit after tax surges over 235% year-on-year

Barbara Terrio

HSBC’s profit after tax came in at $6.26 billion in the three months ended September, jumping 235% compared to the $2.66 ...

Tesla Woes Bolster Appeal of Top China EV Maker BYD: Tech Watch

Barbara Terrio

(Bloomberg) — BYD Co. is rapidly closing in on Tesla Inc. as the world’s biggest seller of pure electric vehicles, ...

China Evergrande granted final reprieve as winding-up hearing adjourned

Barbara Terrio

An Evergrande sign is seen near residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. REUTERS/Florence ...

The Big Bond Market Event Wednesday Is at Treasury, Not the Fed

Barbara Terrio

(Bloomberg) — The Federal Reserve’s policy statement is setting up to be the No. 2 event on Wednesday, with investor ...

NY’s losing its grip as US finance capital: study

Barbara Terrio

The Empire State is losing its grip as the nation’s financial services capital. New York’s financial services industry – a ...

Soaring Neutral Rate to Hurt Treasuries, Nasdaq, Survey Shows

Barbara Terrio

(Bloomberg) — The interest rate that neither spurs nor slows the US economy has at least doubled in the aftermath ...

China Evergrande faces winding-up challenge in Hong Kong court

Barbara Terrio

HONG KONG (Reuters) – China Evergrande Group’s fate will be tested on Monday as Hong Kong’s High Court hears a ...

Alaska Airlines incident renews calls for FAA to address pilot mental health reform

Barbara Terrio

CNN  —  Richard Wesmoreland says in the beginning, being an airline pilot was great. But the repeated, days-long stretches away ...

The biggest themes stock investors should be watching as bearish headwinds swirl

Barbara Terrio

Traders work on the floor of the NYSEThomson Reuters Bank of America strategists listed themes investors should be monitoring amid ...