finance

Japan upgrades Q1 GDP on smaller hit to domestic demand

Japan's economy shrank less than initially reported in the first quarter on smaller cuts to plant and equipment spending, but…

4 years ago

U.S. seizes $2.3 mln in bitcoin paid to Colonial Pipeline hackers

The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on…

4 years ago

AMC, other ‘meme’ stocks jump; regulator signals concern

Shares of AMC Entertainment Holdings Inc (AMC.N) and other “meme stocks” jumped on Monday, extending a rally in social-media favorites…

4 years ago

World Bank slashes GDP growth forecasts for the Philippines

The World Bank has slashed its Philippine growth projection for this year due to a deeper-than-expected contraction in the first…

4 years ago

Singapore says will make needed changes to corporate tax once consensus on G7 plan

Singapore, a regional hub for technology firms, will change its tax system as needed once there is a global consensus,…

4 years ago

Australia business activity climbs to fresh highs in May-survey

A measure of Australian business conditions extended its blistering run to reach all-time highs in May with sales, profits and…

4 years ago

Dollar subdued as investors look to key U.S. inflation gauge

The U.S. dollar was subdued on Tuesday as investors looked to U.S. inflation data due later in the week after…

4 years ago

EXCLUSIVE Cuba and wealthy creditors hope to save landmark accord

Cuba's top debt negotiator is in France for a critical meeting on Thursday aimed at renegotiating a deal with 14…

4 years ago

Oil prices retreat but outlook remains positive

Oil prices extended losses on Tuesday on profit taking and a stronger U.S. dollar, but overall optimism about strong demand…

4 years ago

Wall Street body proposes new rules on short positions, stock loans

The Financial Industry Regulatory Authority (FINRA), Wall Street's self-regulatory body, has proposed changes to its short-interest reporting requirements in a…

4 years ago