World Economic Magazine

U.S. drivers to get hit by soaring pump prices over Memorial Day holiday

U.S. motorists will see the highest gasoline prices in seven years when they hit the roads this Memorial Day weekend,…

5 years ago

Salesforce raises annual revenue, profit outlook

Salesforce.com Inc (CRM.N) raised its full-year forecast for revenue as well as profit, and reported quarterly revenue that beat analysts'…

5 years ago

Linking Asia’s financial markets will help the region respond to the next crisis

Just as past crises triggered international and regional financial cooperation, the pandemic offers an opportunity to collectively improve financial resilience…

5 years ago

The little engine that could, and the oil giant that couldn’t

Last December, when a week-old hedge fund named Engine No. 1 challenged Exxon Mobil to change its ways, laughter echoed…

5 years ago

U.S. weekly jobless claims drop sharply; second-quarter GDP growth unrevised at 6.4 pct

The number of Americans filing new claims for unemployment benefits dropped more than expected last week as layoffs subsided, with…

5 years ago

EXCLUSIVE China bars banks from selling commodities-linked products to retail buyers -sources

China's banking regulator has asked lenders to stop selling investment products linked to commodities futures to mom-and-pop buyers, three people…

5 years ago

Analysis: If not now, when? COVID-19 spurs global push to tackle wealth gap

Governments worldwide, facing strong evidence that fallout from COVID-19 has widened wealth gaps as well as wrecking economies, have expanded…

5 years ago

What you need to know about the coronavirus right now

Here's what you need to know about the coronavirus right now.

5 years ago

Asian shares step back from 2-wk highs, dollar firm

Asian shares retreated from two-week highs on Thursday and China started on the backfoot on fears central banks were closer…

5 years ago

HSBC exits loss-making U.S. retail banking as part of Asia pivot

HSBC (HSBA.L) announced it is withdrawing from U.S. mass market retail banking by selling some parts of the money-losing business…

5 years ago