News

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Inflation slowed to a 3.1% annual rate in November

Inflation slowed to a 3.1% annual rate in November

The consumer price index was expected to be flat in November and up 3.1% from a...

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BlackRock and China-led AIIB among backers of $800 million Asia-focused infrastructure fund

BlackRock and China-led AIIB among backers of $800 million...

Investor interest in the last few years largely stems from a desire for stable returns...

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Anger and frustration as COP28 draft text omits fossil fuel phaseout

Anger and frustration as COP28 draft text omits fossil...

The draft text for a COP28 climate deal that does not include the phasing out of...

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Chinese property developer Country Garden reportedly set to avert yuan bond default

Chinese property developer Country Garden reportedly set...

Country Garden may avoid a default on its yuan-denominated bonds after most holders...

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U.S. pension funds heavily invested in China complicate Washington's crackdown, new analysis finds

U.S. pension funds heavily invested in China complicate...

U.S. efforts to clamp down on investments in China may be undermined by continued...

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China vows to boost domestic demand in bid for 2024 recovery

China vows to boost domestic demand in bid for 2024 recovery

China's leaders vowed to boost domestic demand and tackle the country's real estate...

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Trump writes on social media he no longer plans to testify in civil fraud trial on Monday

Trump writes on social media he no longer plans to testify...

Former President Donald Trump wrote in a social media post on Sunday that he won't...

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Treasury yields inch higher ahead of Fed meeting

Treasury yields inch higher ahead of Fed meeting

U.S. Treasury yields were fractionally higher on Monday investors look ahead to...

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Occidental Petroleum to buy Permian producer CrownRock for $12 billion, raise dividend

Occidental Petroleum to buy Permian producer CrownRock...

The transaction will add 170,000 barrels of oil equivalent per day to Occidental's...

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U.S. has failed the Palestinian people, officials say after vetoed UN vote for Gaza Strip cease-fire

U.S. has failed the Palestinian people, officials say after...

Palestinian officials expressed resounding disappointment after the U.S. vetoed...