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The Latest

  • Fed Interest Rates Left Unchanged
    Federal Reserve Chair Jerome Powell holds news conference following the Federal Open Market Committee meeting in Washington
    Federal Reserve officials voted to leave interest rates unchanged until 2020.
  • St. John Properties Net Worth: $10 Million Bonus Won Hearts Worldwide
    People look at a shop window
    St. John Properties came home millionaires after attending the company's annual holiday party.
  • Investor Sentiment On US Economy Plummets On Lowest Level
    U.S. President Donald Trump shakes hands with Jerome Powell, his nominee to become chairman of the U.S. Federal Reserve at the White House in Washington
    Millionaire investors are no longer confident about the prospects of the U.S. economy for the next 10 years.
  • PSBC Stock Rises Demurely But Not Without Promise
    Man walks out of a Postal Savings Bank of China branch in Beijing
    Analysts were lukewarm on the movement of PSBC stocks after its initial public offering on Tuesday.
  • Citigroup Appoints More Women MDs In Asia
    Giant US bank reveals 29 percent pay gap between men and women
    Citigroup remains committed to its goal of closing the gender gap within its organization.
  • Apple Continues Losing Clout In China
    The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in New York
    Market observers are worried about the widening gap in sales between Apple iPhone and local Chinese smartphone brands.
  • China Buys US Soybeans Anew After Waived Tariffs
    Soybeans harvested on Hodgen Farm in Roachdale, Indiana
    In what could hopefully be a fresh sign of smoothening relations, China bought tons of U.S. soybeans once again.
  • China To Launch New Energy Exchange
    An electric delivery vehicle drives in the Central Business District in Beijing
    China is launching the privately-funded Greater Bay Area International Energy Transaction Center, cementing its position among the dominant players in the energy sector.
  • More Gucci Stores Coming In China
    A deliveryman packs parcels beside a road after the 11.11 Singles' Day shopping festival in downtown Beijing
    There will be more Gucci physical stores in Tier 2 cities in China starting in 2020.
  • China Still Big Winner For Large Fundings
    Neil Shen, founding and managing partner of Sequoia Capital China, speaks at the 2019 New Economy Forum in Beijing
    China remains an important market for foreign funding with most recent investments coming from Sequioa and Hillhouse Capital.
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