Articles by admin

Morgan Stanley reported a 9 percent drop in quarterly profit on Wednesday as equities and bond trading fell due to low market volatility.

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Bank of New York Mellon Corp missed analysts’ estimates for quarterly profit on Wednesday, as lower client activity and a fall in assets under management pressured fee revenue.

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Handbags, tractors, shovels and fish are part of an 11-page list of U.S. imports worth $20 billion that the European Union on Wednesday said it could hit with tariffs in a transatlantic aircraft subsidy dispute.

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Bank of New York Mellon Corp reported a 20 percent fall in quarterly profit on Wednesday, as the world’s largest custodian bank’s fee revenue declined.

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PepsiCo Inc beat Wall Street estimates for sales and profit on Wednesday, boosted by higher demand for its snacks, low-sugar sodas and other beverages across its major markets, sending its shares up about 2 percent before the bell.

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The personal life of JD.com chief Richard Liu returned to the spotlight of China’s social media on Wednesday, drawing 360 million views to briefly become the top trending item on the Twitter-like Weibo, after a civil lawsuit accused him of rape.

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The European Commission published on Wednesday a list of $20 billion worth of U.S. imports it could hit with tariffs in a transatlantic aircraft subsidy dispute.

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The U.S. government should not restrict Qatar Airways or Air Italy from flying to the United States because it may lead to the unraveling of other aviation agreements around the world, three U.S. airlines said in a letter to officials on Wednesday.

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Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he will contest Taiwan’s 2020 presidential election, shaking up the political landscape at a time of heightened tension between the self-ruled island and Beijing.

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Brent oil hit a 2019 high above $72 a barrel on Wednesday, propelled by steady economic growth in China and a fall in U.S. crude stocks which defied expectations and signaled firm demand, while global supply remained tight.

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Frustrated U.S. businesses can no longer be counted on as a “positive anchor” in U.S.-China relations, a top U.S. business lobby said on Wednesday, arguing any deal to end trade tensions must address structural problems in China’s economic system.

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The EU banking watchdog has closed an investigation of financial regulators in Estonia and Denmark in relation to suspected money laundering activities by Danske Bank after it did not find any breach of EU law, the Estonian FSA said on Wednesday.

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Swiss drugmaker Roche lifted its 2019 outlook on Wednesday, as sales growth in China and the United States outpaced price declines it has suffered amid President Donald Trump’s pressure on the industry to hold down charges.

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Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he will contest Taiwan’s 2020 presidential election, shaking up the political landscape at a time of heightened tension between the self-ruled island and Beijing.

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World stocks inched higher after a raft of Chinese data beat expectations on Wednesday and though benchmark bond yields and the Aussie dollar did the same, Europe struggled to join in.

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