China’s central bank says risks from local government debt have dropped
BEIJING — China’s financial risks have dropped, including from local government debt, People’s Bank of China Governor Pan Gongsheng said…
Here’s the deflation breakdown for July 2024 — in one chart
Inflation cooled below 3% in July 2024, the first time it dropped beneath that level in more than three years.…
Warren Buffett did something curious with his Apple stock holding
A coincidence or master plan? Warren Buffett now owns the exact same number of shares of Apple as he does…
Klarna takes on banks with a personal account and cashback rewards ahead of IPO
Financial technology firm Klarna is pushing deeper into banking with its own checking account-like product and a cashback offering that…
China’s bond market intervention reveals financial stability worries
BEIJING — China’s latest efforts to stem a bond market rally reveals wider worries among authorities about financial stability, analysts…
