World

Country Garden Holdings Co.’s Fengming Haishang residential development in Shanghai, China, on Tuesday, July 12, 2022. Qilai Shen | Bloomberg | Getty Images Shares of beleaguered Chinese real estate company Country Garden Holdings slumped to an all-time low on Friday as the company issued a profit warning a day earlier. …

People walk past a screen displaying news featuring on Adani Group inside the BSE building in Mumbai, India, on Thursday, Feb. 2, 2023. Bloomberg | Bloomberg | Getty Images U.S. private equity group Bain Capital said its recent agreement to buy Adani Capital was aimed at tapping the “underbanked” segment …

The U.S. and Chinese flags hang outside the Goldman Sachs headquarters in New York on Dec. 16, 2008. Chris Hondros | Getty Images News | Getty Images BEIJING — The Biden administration’s long-awaited executive order on U.S. investments in Chinese companies leaves open plenty of questions on how it will …

A general view of the Central Business District and the Merlion, illuminated with a projection during the iLight Marina Bay on March 29, 2018 in Singapore. Suhaimi Abdullah | Getty Images News | Getty Images Singapore narrowed its economic growth forecast to a range of 0.5% and 1.5% for this …

Sven Hoppe | Picture Alliance | Getty Images Gold prices are on track to rally to all-time highs in 2024 on the back of tapering interest rates, and looming recessionary fears that elevate its role as a safe haven asset. Spot gold prices hit a record intraday high of $2,072.5 …

US President Joe Biden speaks on how “Bidenomics” is helping clean energy and manufacturing, at Arcosa Wind Towers in Belen, New Mexico, on August 9, 2023.  Jim Watson | AFP | Getty Images The Biden administration’s executive order restricting U.S. private equity and venture capital investments in Chinese technology finally …

A satellite image of Hurricane Don at 6:20 PM EDT on July 22, 2023 in the Atlantic. Don was the first hurricane of the 2023 Atlantic hurricane season. Photo courtesy NOAA Record hot ocean temperatures could turbocharge this hurrican season, according to scientists at the National Oceanic and Atmospheric Administration. NOAA …

Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. Bloomberg | Bloomberg | Getty Images Every so often, a hot new investor on the rise is crowned “the next Warren Buffett” by the financial media, followed swiftly by …

X Corp. CEO Linda Yaccarino told CNBC that she has “autonomy” under owner Elon Musk in an interview Thursday, adding that advertisers should be comfortable returning to the platform under her leadership. Yaccarino pointed to the post on the platform previously known as X announcing her hiring, where Musk underscored …

The consumer price index rose 3.2% from a year ago in July, a sign that inflation has lost at least some of its grip on the U.S. economy. Prices accelerated 0.2% for the month, in line with the Dow Jones estimate, the Bureau of Labor Statistics reported Thursday. However, the …