New Zealand promises banking shake-up after watchdog finds the sector lacks competition
New Zealand vows to revamp consumer banking after a watchdog found weak competition, suggesting steps like boosting state-owned Kiwibank’s capital.
China and Vietnam sign 14 deals from rail to crocodiles after leaders meet
China and Vietnam signed 14 documents spanning cross-border railways to crocodile exports, after President Xi met with Vietnam’s new leader To Lam in Beijing.
Japan’s Nikkei leads gains in Asia as investors assess RBA minutes; China holds benchmark rates
China’s loan prime rates were held at 3.35% for the one-year LPR and 3.85% for the five year LPR, in line with expectations
Novo Nordisk vs. Eli Lilly: Analysts weigh in as the obesity-drug battle heats up
As competition grows in the weight loss drug space, investors are questioning which company will come out on top.
Veteran investor Mark Mobius says this ‘historically significant’ factor could set back U.S. stocks
Markets have been volatile, and the emerging markets investor told CNBC that he has been closely monitoring one metric in the United States.
S&P 500, Nasdaq snap eight-day winning streak as rebound rally pauses: Live updates
Wall Street’s recovery rally took a breather on Tuesday as the major averages posted modest losses.
Harris proposes raising the corporate tax rate to 28%, rolling back a Trump law
The vice president is rolling out her first revenue-raising policy proposal as the Democratic presidential nominee, and drawing a contrast with GOP opponent Donald Trump.
The stock market is on a hot streak — the kind that comes during spectacular years for returns
The S&P 500 is rising for an eighth straight day, a milestone that has recently coincided with strong years.
3 red flags that you and your friend should not go on vacation together
To avoid friction on vacation, talk to your friends about what you want to do and how much you’re willing to spend before you leave home.
These high-yielding assets tend to do well in rate cutting cycles. What to know
Preferred securities have historically done well in the months and weeks heading into the last four Fed rate-cutting cycles, says Bank of America.
