China cut the amount of cash banks must keep in reserve at the central bank in an effort to support lending and strengthen the economy’s recovery from pandemic restrictions and a property market slump.
China cut the amount of cash banks must keep in reserve at the central bank in an effort to support lending and strengthen the economy’s recovery from pandemic restrictions and a property market slump.
ExodusPoint Capital Management and Millennium Management were among multistrategy hedge funds that posted small losses amid this week’s market volatility.
ExodusPoint Capital Management and Millennium Management were among multistrategy hedge funds that posted small losses amid this week’s market volatility.
Chinese leader Xi Jinping is making his first state visit to Russia since it invaded Ukraine, in a strong show of support for President Vladimir Putin.
Chinese leader Xi Jinping is making his first state visit to Russia since it invaded Ukraine, in a strong show of support for President Vladimir Putin.
Samuel Bankman-Fried is close to proposing a revised bail package meant to satisfy a judge who expressed frustration over the FTX founder’s use of technology while under house arrest.
Samuel Bankman-Fried is close to proposing a revised bail package meant to satisfy a judge who expressed frustration over the FTX founder’s use of technology while under house arrest.
First Republic Bank was cut to junk by Moody’s Investors Service, a day after a $30 billion rescue that the ratings agency warned could weigh on the lender’s profit outlook.
First Republic Bank was cut to junk by Moody’s Investors Service, a day after a $30 billion rescue that the ratings agency warned could weigh on the lender’s profit outlook.
