News

BlackRock and HSBC’s funds added to their holdings of Evergrande bonds a few months before a liquidity crisis at Evergrande threatened, according to a report by FT on Tuesday. BlackRock...

PayPal announces the release of a new app poised to be a one-stop shop for all of the digital payment needs, according to a news release by PayPal Newsroom on...

The world’s richest have become even richer in the past year amid the COVID-19 pandemic, with the 25 wealthiest families adding $312 billion to their possessions in the past year,...

Coinbase has announced plans to discontinue the USDC APY program after being pressured by the SEC, according to an updated blog post by Coinbase on Friday. The Brian Armstrong-led crypto...

The index tracking the United States’ largest companies could drop as much as 20% due to slow growth and a decline in consumer confidence, Bloomberg reported. Morgan Stanley strategists said...

The $3 trillion market for junk debt is having its best year ever, backed by a rebounding economy, according to a report by The Wall Street Journal on Sunday. US...

American payments giant JPMorgan Chase & Co. is taking on top lenders in the United Kingdom as it gears to launch its digital bank next week, CNBC reported. JPMorgan International...

American investment management firm Invesco Ltd. is reportedly in discussion to merge with the asset-management business of financial services and bank holding company State Street Corp., the WSJ reported. People...

Hong Kong on Friday suggested changing its rules to allow SPACs to list, but with stricter restrictions than other countries, according to a report by Reuters on Friday. The Stock...

Macau’s top gaming stocks lost $18.4 billion in market value on Wednesday after Beijing's push to increase direct supervision, according to a report by Bloomberg on Wednesday. The government officials...

AMC CEO Adama Aron stated on Sept. 15 that the firm would be expanding the number of cryptos it accepts as payment methods, according to a report by CryptoPotato on...

Cathie Wood’s Ark Investment Management LLC unloaded over $60 million worth of Tesla shares while boosting its Robinhood holdings, Bloomberg reported. The exchange-traded funds managed by the firm disposed of...