Bank of America Corp. named Asia-Pacific President Jin Su as the region’s head of global markets and appointed heads for fixed-income, currencies and commodities trading and sales, according to an internal memo.
Inflation in Tokyo re-accelerated for the second time in three months in June, an outcome that supports expectations the central bank will raise its inflation forecast next month.
BNP Paribas SA is facing questions from politicians in Washington over its work with Beijing’s electronic yuan project, highlighting political challenges that financial firms must navigate amid tensions between the world’s two-largest economies.
Monitoring, reporting and verification are becoming increasingly crucial to ensuring that carbon removal startups are delivering on their promises to clean up the atmosphere.Â
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery giant into a Chinese race to develop ChatGPT-like services.
Asian stocks opened lower Friday, trimming first-half rally in global equities. Treasury yields steadied following a surge Thursday on bets for further rate hikes that cast a shadow over markets.
The UK made last-minute amendments toughening up its sweeping, long-awaited Online Safety Bill following scrutiny in Parliament’s upper chamber, the House of Lords.
Apple Inc. has room to rally another 30%, according to Citigroup Inc., even after a surge that’s sent shares to a record high and the company toward a $3 trillion valuation.
Virgin Galactic Holdings Inc. sent paying customers to the edge of space for the first time, a milestone for the Richard Branson-founded company almost two decades in the making.
An investor of Stratasys Ltd. is urging the 3D-printer maker to terminate its acquisition of Desktop Metal Inc. as the buyer has received unsolicited takeover offers.
