Finance

 Elon Musk, Jeff Bezos, Bill Gates, Mukesh Ambani, and Gautam Adani are listed among the richest personalities globally. But it may surprise you to know that there is a personality who is richer than Musk, Gates, and Bezos in America and […]

Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy’s Treasury picked him out to revive the fortunes of the world’s oldest bank, five years after bailing it out. Back […]

 Exporters this week jostled to load and ship cargo from Shenzhen’s Yantian Port, one of the world’s largest container ports, before an eight-day Lunar New Year holiday and ahead of a potential wave of U.S. tariffs on Chinese goods. Yantian, […]

The yen is primed for further gains after the Bank of Japan sent hawkish signals while raising the benchmark rate, according to strategists. The upward revision in inflation expectations for the fiscal year 2025 has given room for the central […]

In the first week since Donald Trump returned to the White House, emerging-market currency traders are celebrating the small wins. The absence of tariffs on Chinese imports, for now, was enough to fuel gains in developing-world currencies, leaving a benchmark […]

A record share of U.S. companies in China are accelerating their plans to relocate manufacturing or sourcing, according to a business survey released Thursday. About 30% of the respondents considered or started such diversification in 2024, surpassing the prior high […]

Asia-Pacific markets traded mixed Thursday as investors assessed a slew of economic data in the region, with China stocks leading gains. Hong Kong’s Hang Seng index rose 0.24%, while the CSI 300 climbed 1.01%. China’s financial regulators on Thursday urged large state-owned mutual funds […]

South Korea’s fourth-quarter GDP missed estimates Thursday, with weakness in consumption and the construction sector driving growth to a six-quarter low of 1.2%, year on year. Advance figures missed the 1.4% expansion expected by economists polled by Reuters, and the growth […]

The U.K.’s FTSE index is expected to open 25 points lower at 8,516, Germany’s DAX down 8 points at 21,251, France’s CAC 40 down 8 points at 7,828 and Italy’s FTSE MIB 59 points lower at 35,973, according to data from IG. The expected turn lower comes after […]

This year’s 30% AI-driven rally in shares of South Korea’s SK Hynix Inc. faces threats as political issues and valuations push local investors toward domestic-focused companies. Korean retail traders are on course for their biggest monthly withdrawal from the memory […]