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China Property Flare-Ups Resurface as Crisis Enters Fifth Year

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(Bloomberg) -- One of China’s leading developers is now on authorities’ radar for default risk. A major Hong Kong builder...
Bussiness

Millions to get bigger Social Security checks if Biden signs new bill

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(Bloomberg) — Millions of Americans may see their Social Security benefits increase under a bill headed to President Joe Biden’s...
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Credit quality shows signs of having peaked

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(Bloomberg) — In 2022, after the Federal Reserve started raising rates at the fastest pace in decades, some blue-chip US...
Bussiness

ECB Rate Cuts Will Continue Next Year, Vujcic Tells HRT1

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(Bloomberg) -- The European Central Bank will go on lowering borrowing costs in 2025, according to Governing Council member Boris...
Bussiness

Tiny but vital metal markets rush to adjust to Chinese clampdown

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(Bloomberg) — Chinese curbs on exports of three niche metals to the US have already rattled the market. Now, a bigger clampdown looks set...
Bussiness

Musk’s Trump Trade Makes Tesla a Winner With $570 Billion Rally

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(Bloomberg) -- Less than two months ago, shares of Tesla Inc. were on their way to just the third losing...
Bussiness

Germany Reels After Attack at Christmas Market Kills Five

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(Bloomberg) -- Germany is reeling after an attacker drove a car into a Christmas market in the eastern city of...
Bussiness

BNP Paribas Signs €5.1 Billion Deal to Buy Axa’s Asset Manager

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(Bloomberg) -- BNP Paribas SA finalized the €5.1 billion ($5.3 billion) purchase of Axa SA’s asset management unit, in the...
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Party City Files for Bankruptcy a 2nd Time in Retail Déjà Vu

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(Bloomberg) -- Party City Holdco Inc. plunged into bankruptcy for the second time in two years and said it will...
Bussiness

Cocoa Caps 2024 as Biggest Commodity Winner. It’s Not Over Yet

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(Bloomberg) -- Cocoa’s rally has soared past all major commodities in 2024, and there’s little sign the tight supply and...
Bussiness

Jump Trading’s Tai Mo Shan to Pay $123 Million in SEC Probe

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(Bloomberg) -- Tai Mo Shan Ltd., part of Jump Trading’s crypto unit, agreed to pay $123 million to settle a...
Bussiness

Singapore Stocks’ Best Year Since 2017 Masks Downbeat Outlook

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(Bloomberg) -- Singapore’s main stock index is on track to have its best annual performance since 2017, but any celebrations...
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