Lawmakers are taking a closer look at the money that changes hands between health insurers and the brokers who sell their Medicare plans, in an effort to crack down on payments that may be steering seniors to some plans over others.
The Federal Reserve faces potential policy pitfalls ahead as it wrestles with how to respond to investor angst about the US government’s $33.5 trillion mountain of debt.
The Bank of Japan may scrap negative interest rates by the end of this year to adjust the currently excessive level of monetary easing, according to a former BOJ board member.
South Africa’s cabinet will consider a proposal on whether to include the Netherlands and Denmark in its landmark $8.5 billion climate-finance pact with some of the world’s richest nations.
China’s restrictions on overseas access to data are driving investors away, according to short seller Blue Orca Capital LLC, whose founder says the curbs undermine the investment case for the world’s second-largest stock market.
Labor unions halted plans to strike at Chevron Corp.’s liquefied natural gas facilities in Australia, ending a dispute that had roiled global markets for the fuel.
Chinese property stocks tumbled to close at the lowest level in 14-years, as weak home sales and rising debt woes for major developers deepened.
National Security Council spokesman John Kirby went on television to say the US is doing its utmost to secure the release of American hostages captured by Hamas. What he left out was who is spearheading those negotiations on the country’s behalf: the small gulf nation of Qatar.
Distressed Chinese builder Country Garden Holdings Co. signaled it’s set for a first-ever default as a grace period ends for dollar-bond interest, in the latest sign of a deepening crisis that’s shaken the nation’s financial markets.
Singapore’s financial regulator will conduct an on-site inspection of Credit Suisse Group AG after at least one of its customers was charged for money laundering in a scandal that has rocked the city-state.
