Author: admin

Shares of the world’s most indebted property developer China Evergrande Group plunged as much as 87% on its open on Monday, trading for the first time…

By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) -China’s banks will cut deposit rates soon as part of efforts to make mortgages more affordable and revive…

By Florence Tan SINGAPORE (Reuters) – Oil prices ticked higher on Monday, along with equity markets, after China took steps to support its flagging economy, though…

© Reuters (Reuters) -Hawaiian Electric shares on Friday plunged to their lowest level since 1984 as a lawsuit alleging negligence leading to Maui wildfires raised investor…

Oil futures ended higher Friday, as a surge by the U.S. dollar after a speech by Federal Reserve Chair Jerome Powell faded. Crude futures, however, booked…

China’s property developers are under duress again, re-igniting concerns about a debt crisis. But with a faltering economy and diminished confidence among households and companies, China debt…

To hear Republican presidential candidates describe the US economy, you’d think it was in a deep recession, with growth and productivity choked off by President Joe…

The most desirable ZIP code for U.S. homebuyers isn’t in a big city on the coast — it’s a cozy suburb in Ohio.Gahanna, Ohio, is the…

Starting Monday, passengers flying on Korean Air may be asked to step on a scale before boarding their flight.The exercise, which will last about three weeks,…

“Shark Tank” investor Kevin O’Leary revealed the cold hard truth on America’s housing market, Tuesday, warning that September will be the start of “real chaos” for…