Finance

China is ramping up stimulus to boost market confidence — but is it enough?

BEIJING — Expectations for more support from China to boost its economy and stock markets are rising— especially after the…

Klarna to debut $7.99 monthly plan as buy now, pay later firm seeks new revenue sources ahead of IPO

Swedish fintech firm Klarna is launching a monthly subscription plan in the U.S. to lock in its heaviest users ahead…

German regulator urges banks to set aside bumper profits for bad news on the horizon

Banks should be setting aside recent bumper profits to provision for clients defaulting on loans as the impact of higher…

Hedge fund billionaire Bill Ackman and wife Neri Oxman buy nearly 5% stake in Tel Aviv Stock Exchange

Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv…

China’s EV players ramp up competition with Tesla using new tech

BEIJING — Hot competition in China’s electric car market is pushing local automakers to sell vehicles with fancy tech that…

Don’t let this passport quirk upend your next vacation. It ‘trips a lot of people up,’ expert says

Passport processing times are back to normal after big delays in 2023, making it less likely travelers will miss a…