Finance

Morgan Stanley lists 4 reasons why China’s growth could be better than expected in 2022

China’s economy appears to be bouncing from a “mini-downturn” into an upswing as the country eases policy, according to investment bank Morgan Stanley. The Asian...

China Evergrande shares halted, set to release ‘inside information’

China Evergrande Group shares have been suspended from trading on Monday pending the release of “inside information”, the embattled property developer said without elaborating. Evergrande,...

Apple becomes first U.S. company to reach $3 trillion market cap

Apple hit a market cap of $3 trillion during intraday trading on Monday, tripling its valuation in under four years. Apple broke the barrier...

FDIC chair intends to resign in February, giving Biden more say over bank regulation

Jelena McWilliams, the head of the Federal Deposit Insurance Corporation and a holdover Trump appointee, said Friday she intends to leave her position in...

Stocks making the biggest moves midday: Tesla, Wells Fargo, Nordstrom and more

Tesla — Shares of the electric vehicle company soared more than 10% to lead the Nasdaq Composite higher after the firm beat fourth-quarter and...

Turkey inflation surges 36% amid lira crisis, highest since 2002

Turkey’s annual inflation jumped far more than expected to 36.08% year-on-year in December, the highest since September 2002, data showed on Monday reflecting a...

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