China should focus on fighting deflationary pressure, former central bank governor says
SHANGHAI — China’s policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People’s Bank of…
7-Eleven’s parent company rejects $38.6 billion takeover bid, says offer ‘grossly undervalues’ company
Seven & i Holdings has rejected the takeover offer from Canadian convenience store operator Alimentation Couche-Tard, saying the offer “is…
China’s wealthy are increasingly looking overseas for business investment opportunities
BEIJING — China’s wealthy are increasingly looking for ways to move capital outside the mainland to pursue business opportunities, rather…
How high earners can funnel money to a Roth IRA, the ‘gold standard’ of retirement accounts
You’d think earning more would make it easier to boost retirement savings. But high earners may find it tricky to…
JPMorgan top economist says the Fed should cut rates by a half point this month
The Federal Reserve should cut interest rates by 50 basis points at its September meeting, according to JPMorgan’s Michael Feroli.…
Visa debuts a new product designed to make it safer to pay directly from your bank account
Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit…
