Powell sent senators details on $2.5bn Fed project following testimony
Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...
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Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...
Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...
Luxury department store chain has struggled with high debt after acquiring rival Neiman Marcus and Bergdorf Goodman...
China’s exports defied a turbulent year of trade tensions to perform better than expected in 2025, cementing a record US$1.19 trillion annual surplus as manufacturers diversified markets to offset a s...
Surging mainland Chinese investment in Hong Kong’s commercial real estate sector has helped set the stage for a “measured recovery” in 2026, according to Colliers. Investment from the mainland rose to...
Thailand’s election season has triggered a dizzying array of cash giveaway offers from parties vying for votes, from a US$2,000 payment for newborns to debt write-offs and US$100 monthly top-ups for t...
Alibaba Group Holding’s artificial intelligence strategy is defined by a commitment to open-source models, the company said on Tuesday, following a year of soaring adoption for its suite of AI service...
Hong Kong newspaper Ming Pao is winding up its operations in Canada by the end of this month, marking the closure of all newsrooms run by the city’s major print publications in the North American coun...
White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...
Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...
Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...
Warhammer maker Games Workshop has banned the use of AI in its content production and its design process, insisting that none of its senior managers are currently excited about the technology. Deliver...
Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...
Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...