Kyrgyzstan's parliament voted on Friday to end a state of emergency in capital Bishkek as Prime Minister Sadyr Japarov consolidated his power by formally assuming the interim presidency in the countr
London just got a little bit closer to New York. /AFP London has closed the gap on New York in the latest rankings of the world's leading financial centers – but the American city is still top
FTX, a cryptocurrency exchange that offers derivatives, options and other sophisticated products, is acquiring a popular portfolio tracking app, Blockfolio.FTX is spending $150 million for the acquisi
A sign of the London-headquartered HSBC displayed in the UK. /VCG HSBC's post-tax profits plunged by 69 percent year-on-year in the first half of 2020, recorded at 3.1 billion U.S. dollars. Th
The stakes keep getting higher for American discount brokerage Robinhood, which today disclosed that it has added hundreds of millions of dollars to its previously disclosed funding round.Including th
An advertising board showing a Chinese stone lion pictured near an entrance to the headquarters (R) of China Securities Regulatory Commission, in Beijing, China, September 7, 2015. /Reuters Ch
Photo taken on Oct. 25, 2018 shows a night view of the Lujiazui area in Shanghai, east China. (Xinhua/Liu Ying)Chinese funds increased their share of the global investm
The branches closing again are in Arizona, Florida, North Carolina and South Carolina.
U.S. consumer prices dropped in May for the third straight month as the coronavirus pandemic pushed the American economy into a recession.The Labor Department said Wedn
White House officials have decided not to release updated economic projections this summer, as the economic toll from the COVID-19 outbreak continues to mount, the Was
COVID-19 quickly put the stock market in the ICU, with signs of unprecedented volatility and declines. However, the market’s resilience and swift action by the Fed made this downward spiral shor
The number of initial jobless claims in the United States totaled 3.8 million last week as the COVID-19 pandemic continues to sweep the nation, bringing the six-week to
Amid the global COVID-19 pandemic and volatility in the oil market, Venezuela has also experienced an over 60 percent fall in oil production.Venezuelan President Nicola
The United States Oil Fund LP, the largest oil-focused exchange-traded product in the country, cut its exposure to July crude futures contracts and increased its exposure to September contracts, a
To find solutions to worldwide crises such as the COVID-19 pandemic, attention should be given to international cooperation, not the blame gaming, said financial experts from Germany and China on Tue
Russian President Vladimir Putin, U.S. President Donald Trump and Saudi King Salman bin Abdulaziz Al Saud have agreed to coordinate actions on stabilizing oil markets
A UN report has warned against backsliding in financing for sustainable development amid the COVID-19 pandemic and called for remedies. The economic and financial shoc
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