A surge in sales expected for Meituan may be a catalyst to its shares, which have outperformed peers as services spending turns out to be a rare bright spot amid deepening investor pessimism.
A visiting Brazilian attorney who was working at Gibson, Dunn & Crutcher in the US has been charged with insider trading for buying and selling shares of a company represented by the law firm.
China is attempting to defuse risks from its $9 trillion pile of off balance-sheet local government debt, without resorting to major bailouts.
The prospect that global interest rates may remain higher for longer is tilting the case for some investors to own more bonds over stocks.
Wagner mercenary chief Yevgeny Prigozhin, who led an abortive mutiny two months ago that shook President Vladimir Putin’s rule, was on a private jet that crashed Wednesday killing everyone aboard, Russian aviation authorities said.
Nvidia Corp., the chipmaker at the heart of an industrywide race toward artificial intelligence computing, delivered a third-straight sales forecast that surpassed Wall Street estimates, fueled by surging demand for its AI processors.
The International Monetary Fund will allow Argentina to intervene in currency markets if the peso drifts above or below a certain range, a key policy change as the $44 billion program faces rising uncertainty before October presidential elections.
Qantas Airways Ltd. ordered dozens more long-range Boeing Co. and Airbus SE jets in a bid to keep pace with a post-pandemic travel boom that’s delivering record profits.
AI could turbocharge the cybertheft economy. The world’s banking industry is scrambling to contain the risk.
North Korea failed for the second time in about three months to put a spy satellite into orbit when its rocket had troubles soon after launch, dealing a blow to Kim Jong Un who has said a reconnaissance probe is needed to keep an eye on US forces.
