Market News

The yuan moved ahead of the Japanese yen for fourth place in a league table of the most-used currencies for cross-border payments for the first time in August, mainly because of volatility in Chinese markets.

Six former brokers with nicknames including "Lord Libor" and "Big Nose" helped convicted bank trader Tom Hayes rig interest rate benchmarks for financial reward, a London court heard on the first day of a criminal trial.

China's stock market has burned more than 40% of its value since June as investors fret over the health of the world's second-largest economy. But one prominent London hedge fund says now is the time to buy.

Citigroup reckons global equities will gain 20pc by the end of 2016, despite a torrid third quarter performance

Bill Ackman predicted Michael Bloomberg, the former mayor of New York City and founder of Bloomberg LP, will run for president. (FORBES values Bloomberg's fortune at $38.8 billion, good for eigth on the 2015 Forbes 400)

California has a new gender pay equity law. Here's how it affects Hollywood's gender pay gap.

Fifth Third Bancorp reached a $85 million settlement of civil fraud charges related to roughly 1,400 mortgages the Cincinnati-based bank failed to report were defective, the Justice Department said.

Shares of Yum Brands, the parent company of Taco Bell, KFC and Pizza Hut, plunged on Tuesday after third quarter earnings and revenue failed to meet estimates.

Fast-growing technology companies feasting on Berlin's educated youth and cheap prices have put a jolt in this sleepy market, gobbling up empty space and pushing up rents.

Overseas loans by banks in Hong Kong fell significantly for the first time in more than four years in August, the month China devalued the yuan.

By Lauren Callaway

With a view toward India as a large opportunity, Zeta Interactive CEO David Steinberg says talent is the major reason behind their recent decision to radically expand operations in the country.

Goldman Sachs and J.P. Morgan Chase are struggling to sell $1.2 billion of loans backing the leveraged buyout of online clothing retailer FullBeauty Brands, investors said, the latest fallout from global economic turmoil...

The worst performing sector as of midday Tuesday is the Healthcare sector, showing a 2.2% loss. Within that group, Vertex Pharmaceuticals, Inc. (NASD: VRTX) and Endo International plc (NASD: ENDP) are two large stocks th...

I'm not sure I can help you on whether the S&P 500 Index trades at 2,100 or 1,800. Firstly, punditry leaves me cold, and I'm no pundit.

Looking at the sectors faring best as of midday Tuesday, shares of Energy companies are outperforming other sectors, higher by 2.2%. Within that group, Helmerich & Payne, Inc. (NYSE: HP) and Transocean Ltd. (NYSE: RIG) a...

Lowered delivery forecasts dented Tesla's stock. But expectations may still be too high.

An earnings recession may loom. Even so, the sharp drop in oil prices probably makes it a flawed harbinger of economic growth.

Brazil's investment-grade credit rating from Moody's Investors Service isn't at an imminent risk of a downgrade, the ratings company indicated on Tuesday.

Alcoa will release its third quarter results and conduct a conference call with analysts on Thursday, October 8.The prevailing weakness in aluminum prices is expected to negatively impact the company's results. However, ...

The outlook for the U.S. initial public offering market, and technology startups in particular, may hinge on the first tech deal to come this quarter, investors say.

Home Depot is credited with having revolutionized the American home improvement industry. Since the recession, the company has witnessed phenomenal growth with the stock price growing by over 270% in the last five years ...