Analysis: Debt-laden Italy looks no less vulnerable as rates shoot higher
By Dhara Ranasinghe and Yoruk Bahceli LONDON – Debt-laden Italy finds itself in markets’ crosshairs again, as a collapse in […]
Zara founder Ortega’s real estate assets worth $15.5 billion in 2021
MADRID – The family office of Spanish billionaire Amancio Ortega, founder and main shareholder of fashion group Inditex, reported on
Chinese district regulator inspects Pizza Hut stores over food safety issues
BEIJING – A Chinese district regulator said it is carrying out inspections of 45 Pizza Hut stores in Beijing after
IG Group beats profit estimates as market volatility boosts trading
(Reuters) -Online trading platform IG Group reported a slightly higher-than-expected annual profit on Thursday, as investors adjusted their portfolios amid
S.Korea’s huge pension fund a local force driving won lower
By Jihoon Lee, Cynthia Kim and Yena Park SEOUL – South Korea’s strenuous attempts to defend a sharply weakening currency
Anglo American sees higher annual diamond output amid robust demand
(Reuters) -Anglo American on Thursday forecast a higher annual output of rough diamonds, driven by demand for diamonds from non-conflict
Financial News
China approves projects worth $50 billion after easing environment rules
SHANGHAI – China has fast-tracked the approval of construction projects worth more than 380 billion yuan ($56.22 billion) after relaxing
Two Shot Wednesday Night in Baltimore
BALTIMORE, MD – Two people were shot at around 6:19 pm on Wednesday in the 1500 block of Baker Street
S.Korea to cut taxes for companies, workers and retail investors
By Jihoon Lee and Cynthia Kim SEOUL – South Korea on Thursday proposed a series of tax cuts for companies,
China to repay more depositors to defuse rural bank scandal
BEIJING -Chinese regulators took fresh steps on Thursday to defuse anger over a banking fraud that has sparked high-profile protests,