How rock-bottom bond yields spread from Japan to the rest of the world

Sat, 14 Sep 2019

Japan’s impact is felt keenly in American and European corporate-credit markets

Were Mauricio Macri’s mainstream policies doomed from the start?

Thu, 12 Sep 2019

A new paper argues that orthodoxy could have worked, had it been more stern

The alternatives to privatisation and nationalisation

Thu, 12 Sep 2019

More public resources could be managed as commons without much loss of efficiency

Steven Mnuchin begins reforming America’s giant mortgage-guarantee firms

Thu, 12 Sep 2019

Fannie Mae and Freddie Mac are the last unfinished business from the 2008 financial crisis

Hong Kong’s bourse seeks to snap up the London Stock Exchange

Thu, 12 Sep 2019

HKEX wants to break up the LSE’s deal with data-provider Refinitiv

Kristalina Georgieva is the sole contender to be the IMF’s next boss

Thu, 12 Sep 2019

She would be the first national from an emerging economy to lead the fund

Soaring pork prices hog headlines and sow discontent in China

Thu, 12 Sep 2019

The government dips into its pork reserves to quell both grumbles and inflation

The ECB cuts interest rates and restarts quantitative easing

Thu, 12 Sep 2019

And Mario Draghi sends governments a parting message

Oil stocks in Asia Pacific surge as drone attacks disrupt Saudi production

Mon, 16 Sep 2

Drone attacks over the weekend knocked out about half of Saudi Arabia's daily crude production, causing oil prices to shoot up.

Apple's cheaper iPhone 11 appears to be the most popular model pre-ordered in China

Mon, 16 Sep 2

Apple's own website shows delivery times for certain iPhone 11 models as late as October 15, several weeks after the September 20 launch date.

Gold rises more than 1% on global turmoil — but silver surges more

Mon, 16 Sep 2

Saudi Arabia on Saturday shut down half its oil production after a series of drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.

OxyContin maker Purdue Pharma files for bankruptcy protection

Mon, 16 Sep 2

OxyContin maker Purdue Pharma filed for Chapter 11 bankruptcy protection on Sunday.

Attacks on Saudi oil supply effectively wipe out the world's spare capacity, S&P Platts says

Mon, 16 Sep 2

Saudi Aramco has 35-40 days of supply to meet contractual obligations, a source close to the matter told CNBC.

Trump urges General Motors, auto union to 'make a deal' as workers prepare to go on strike

Mon, 16 Sep 2

President Donald Trump said in a tweet: "Here we go again with General Motors and the United Auto Workers. Get together and make a deal!"

China's moves to tackle swine fever are 'ineffective' — it may cause inflation to spike above target

Mon, 16 Sep 2

China's efforts to halt the spread of swine fever among its pig population are "ineffective," according to Capital Economics. That's set to cause its inflation to shoot up above its target for the first time in nearly a decade next year, it said.

Ric Ocasek, The Cars' lead singer, found dead

Mon, 16 Sep 2

Ric Ocasek, famed front man for The Cars rock band, was found dead in a Manhattan apartment.

Yahoo strikes $117.5 million data breach settlement after earlier accord rejected

Tue, 09 Apr 2019

The proposed class-action settlement made public on Tuesday was designed to address criticisms of U.S. District Judge Lucy Koh in San Jose, California. Koh said the original settlement was not "fundamentally fair, adequate and reasonable" because it had no overall dollar value and did not say how much victims might expect to recover. Yahoo, now part of New York-based Verizon Communications Inc, had been accused of being slow to disclose three data breaches affecting about 3 billion accounts from 2013 to 2016.

U.S. judge rejects Yahoo data breach settlement

Tue, 29 Jan 2019

In a Monday night decision, U.S. District Judge Lucy Koh in San Jose, California, said she could not declare the settlement "fundamentally fair, adequate and reasonable" because it did not say how much victims could expect to recover. Yahoo, now part of New York-based Verizon Communications Inc, was accused of being too slow to disclose three breaches from 2013 to 2016 that affected an estimated 3 billion accounts.

Yahoo spin-off settles for $47m for 2013 data breach

Mon, 17 Sep 2018

Yahoo spin-off settles for $47m for 2013 data breach