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Finance

Singapore’s banking authority MAS says DBS outage was ‘unacceptable’

A DBS Group Holdings Ltd. logo atop an automated teller machine (ATM) at a bank branch in Singapore, on Wednesday, Feb. 17, 2021.Lauryn...

China’s Premier Li Qiang seeks to rally Asia behind Beijing

China's Premier Li Qiang addressed an international audience at Boao Asia forum in Boao, Hainan on March 30, 2023.Lintao Zhang | Getty Images...

Stocks making the biggest moves midday: LULU, MU, CCL, CALM

A view of a Canadian athletic apparel retailer Lululemon logo seen at one of their stores.Alex Tai | LightRocket | Getty ImagesCheck out...

Ominous trend spells a hard landing for economy: Lakshman Achuthan

Investors may want to brace for a hard landing. According to the Economic Cycle Research Institute, the recent bank failures reinforce a recession...

Stocks making biggest moves premarket: LULU, PAYX, MU

A Lululemon store in New York, US, on Tuesday, March 28, 2023.Stephanie Keith | Bloomberg | Getty ImagesCheck out the companies making headlines...

Stocks are rising, but megacap tech is doing most of the heavy lifting

The stock market is in an uptrend. That's good, but the leadership is very narrow. It's starting to look a lot like 2021...

Bitcoin (BTC) climbs to $28k as traders shrug off regulatory crackdown

Bitcoin is up 50% so far in 2023, beating major commodities and stock indexes. Industry insiders said the bank collapses have sent investors...

Switzerland gets a cost-cutting local to restore its reputation

Sergio Ermotti, chief executive officer of UBS Group AG.Stefan Wermuth | Bloomberg | Getty ImagesIncoming UBS CEO Sergio Ermotti on Wednesday said his...

Jamie Dimon is being deposed over JPMorgan Chase role in Epstein lawsuits

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Global High Yield...

Goldman on how to invest in the coming $7 trillion A.I. boom

Generative AI will usher in an era of innovation comparable to the introduction of cloud computing, according to Goldman Sachs The firm expects...

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