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10 Jul

Analysis-U.S. crypto lobbyists court Democrats in fresh legislative push

Embattled by a U.S. Securities and Exchange Commission (SEC) crackdown, crypto companies are making a renewed push on Capitol Hill to drum up support for legislation they hope will rein in the agency and provide regulatory clarity for the industry.

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07 Jul

US Postal Service hiking stamp prices Sunday

The United States Postal Service (USPS) is hiking the price of first-class mail stamps to 66 cents from 63 cents effective Sunday.

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06 Jul

UBS overhauls leadership at wealth management division

UBS's flagship global wealth management business on Thursday announced a raft of management changes triggered by the Swiss bank's takeover of Credit Suisse.

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07 Jul

JPMorgan's Dimon, Staley urge end to shareholders' Jeffrey Epstein lawsuit

Jamie Dimon and Jes Staley do not agree on who to blame for JPMorgan Chase's relationship with former client Jeffrey Epstein, but agree that a shareholder lawsuit over their alleged failure to police the disgraced financier should be thrown out.

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06 Jul

Chinese rush to buy Hong Kong insurance, dollars as confidence cracks, yuan weakens

Chinese investors are rushing offshore to make dollar deposits and buy Hong Kong insurance in a signal domestic confidence is languishing and that the ailing yuan faces more pressure.

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07 Jul

Factbox-Companies respond to China's curbs on gallium and germanium exports

China said on July 3 it would restrict exports of two metals used in semiconductors and electric vehicles, escalating a technology war with the United States and potentially causing more disruption to global supply chains.

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05 Jul

Morgan Stanley cuts oil price forecasts, sees surplus in H1 2024

Morgan Stanley on Wednesday lowered its oil price forecasts, predicting a market surplus in the first half of 2024 with non-OPEC supply growing faster than demand next year.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
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