What is shadow banking? Unpacking the risks for China
BEIJING — China’s real estate problems have again drawn attention to the world of shadow banking and the risks it…
Treasury yield jump is not ‘death to equities,’ BofA’s Savita Subramanian says
The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on…
Trump fraud case: New York attorney general says ‘mountain’ of evidence justifies summary judgment
New York Attorney General Letitia James asked a judge Wednesday for a partial summary judgment against Donald Trump in her…
Biden to reassure Maui’s Lahaina residents they will control rebuilding after devastating wildfires
U.S. Federal Emergency Management Agency Director Deanne Criswell said on Sunday that President Joe Biden will reassure the people of…
China’s property troubles aren’t getting better, intensifying calls for bolder policy help
China’s real estate troubles are accelerating. Prospective home buyers are holding back on making purchases, leading to weak sales that…
China’s downside risks are growing, and its economy is less likely to reach 5% this year
BEIJING — Without more stimulus, China is increasingly likely to miss its growth target of around 5% this year, economists…
China reports big data miss in July, stops releasing youth unemployment numbers
BEIJING — China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include…
China’s economic challenges gather steam as new loans plunge, property fears loom
BEIJING – China’s economy is running into more challenges. Credit data for July released Friday showed a slump in demand…
China’s real estate market roiled by default fears again, as Country Garden spooks investors
BEIJING — Two years after Evergrande’s debt troubles, worries about China’s real estate sector are coming to the forefront again.…
Trump Organization monitor flags ‘incomplete,’ ‘inconsistent’ financial disclosures
The independent financial monitor for the Trump Organization told a New York judge she identified issues of incompleteness and inconsistency…
