China property giant Country Garden warns of up to $7.6bn loss
It is the latest signal of the major issues faced by the world's second largest economy.
2023-08-11 10:29
US inflation ticks higher in July on housing costs
The rate of price growth rose to 3.2% in July but analysts said the underlying picture showed progress.
2023-08-10 22:51
US set to unveil long-awaited crackdown on real estate money laundering
By Luc Cohen and Chris Prentice NEW YORK The U.S. Treasury Department will soon propose a rule that
2023-08-10 18:17
US jobs market holds steady despite rate rises
Employers added 187,000 jobs in July and the unemployment rate was 3.5%.
2023-08-04 20:47
US factory orders jump in June on transportation equipment demand
WASHINGTON New orders for U.S.-made goods surged in June, boosted by strong demand for transportation equipment and other
2023-08-03 22:51
US regulator warns brokers to bolster anti money-laundering efforts
NEW YORK The U.S. Securities and Exchange Commission (SEC) has warned some broker dealers to strengthen policies and
2023-08-03 02:54
Safety regulators investigating steering on some Tesla models
The National Highway Traffic Safety Administration is investigating new Tesla Model 3 sedans and Model Y SUVs for a possible steering problem. The apparent issue could involve as many as 280,000 cars, according to a document on NHTSA's auto safety web site.
2023-08-01 23:29
China hotpot chain Haidilao soars on surge in first-half profit
BEIJING Shares in Haidilao International Holding soared 16% on Monday after China's largest hotpot chain said it expected
2023-07-31 17:54
US core capital goods orders unexpectedly rise in June
WASHINGTON New orders for key U.S.-manufactured capital goods unexpectedly rose in June, suggesting business spending on equipment could
2023-07-28 00:46
Kering takes 30% stake in Italian luxury brand Valentino
PARIS French luxury group Kering, which is struggling to revive sales at its star brand Gucci, said on
2023-07-28 00:22
Prosecutors want Sam Bankman-Fried sent to jail after witness-tampering allegations
US prosecutors asked a federal judge to detain former FTX CEO Sam Bankman-Fried over allegations of witness-tampering.
2023-07-27 02:46
US machinery makers eye bumper earnings for now, but inventory glut looms
By Bianca Flowers CHICAGO U.S. equipment makers are likely to face excess inventory early next year as demand
2023-07-26 18:17