Greening the Financial System
Commentary Federal Reserve, soon after the November 2020 presidential election, declared climate change a potential threat to the U.S. financial system, joining a club of… Read More »Greening the Financial System
Commentary Federal Reserve, soon after the November 2020 presidential election, declared climate change a potential threat to the U.S. financial system, joining a club of… Read More »Greening the Financial System
OTTAWA—An investigation by Canada’s spy service concluded that money, ego and career frustrations were the likely reasons a veteran RCMP officer passed highly sensitive secrets… Read More »Inside the CSIS Probe That Identified a Canadian Mole Who Spied for Moscow
KARACHI, Pakistan— death toll from a sewer gas blast in Pakistan’s largest city of Karachi jumped to 17 as some critically injured people died overnight… Read More »Death Toll in Southern Pakistan Sewer Gas Blast Jumps to 17
News Analysis Chinese Communist Party (CCP) would not have likely secured its self-reliance in chipmaking without support from Taiwanese professionals, amid U.S.–China tech tensions. However,… Read More »China’s Chip Sector Meets Headwinds While CCP Is Mistrustful of Executives From Taiwan
former chair of Harvard University’s chemistry department accused of hiding Chinese ties had admitted to taking tens of thousands of dollars from China, a video… Read More »Former Harvard Chemistry Chair Admits to Taking Tens of Thousands of Dollars From China
News Analysis Federal Reserve indicated that it will pursue a more aggressive policy to fight inflation in a new FOMC statement released on Wednesday. statement… Read More »Fed Announces Monetary Policy Update for December
Retail sales rose for the fourth consecutive month in November, according to new data from the U.S. Census Bureau released on Wednesday. However, these numbers… Read More »Retail Sales Rise Slightly in November
Since the Federal Reserve revealed its intentions to taper monetary policy, hedge funds have been diminishing their exposure to risk, new data show. But retail… Read More »Hedge Funds Sell, Retail Investors Buy, Investment Data Show
Turkish stock market was closed twice on Friday after a devastating crash, as the country faces snowballing inflation and a floundering economy. Istanbul Stock Exchange… Read More »Turkish Stock Market Halts Trading Twice Amid Rampant Inflation
Commentary Climate change is a fact of life—the climate has been changing since time immemorial. Mother Nature does what Mother Nature does, and I doubt… Read More »BC Floods Show We Need a Plan to Deal With Natural Disasters, Not a Carbon Tax
U.S. Securities and Exchange Commission has delayed its decision on a spot bitcoin exchange-traded fund (ETF) proposal from Grayscale Bitcoin Trust, the world’s largest digital… Read More »US SEC Delays Decision on Grayscale’s Spot Bitcoin ETF
CULPEPER, Va.—A man accused of shooting at sheriff’s deputies and other cars during a chase in Virginia died after his vehicle crashed into an embankment,… Read More »Police: Man Dead After Shooting at Deputies During Chase in Virginia
A Chinese man used his ex-girlfriend’s phone while she was asleep and bypassed facial recognition by lifting up her eyelids, successfully stealing money from her… Read More »Man Bypasses Facial Recognition on Sleeping Ex-girlfriend’s Phone by Lifting Her Eyelids, Steals Money
KARACHI, Pakistan—A powerful gas explosion in a sewage system in Pakistan’s largest city, Karachi, killed at least 12 people and injured 11 others Saturday, police… Read More »Gas Explosion in Sewer Kills 12 in Pakistan’s Largest City
Texas has officially started building its own state-funded border wall, confirmed Gov. Greg Abbott on Friday. “Texas has officially started building its own border wall,”… Read More »Texas Governor Confirms Border Wall Construction Has Officially Started
News Analysis Beijing is exporting its brand of justice around the globe through a series of law enforcement exchanges and by offering training and equipment.… Read More »Beijing Uses Police and Security Training to Infiltrate Foreign Countries
People line up at the passport office in Yangon’s Yankin township, Sept. 22, 2021. Despite the threat of arrest for breaking curfew, residents of Myanmar’s… Read More »Myanmar’s economic turmoil is driving thousands to seek work abroad
In his mandate letter to Deputy Prime Minister and Minister of Finance Chrystia Freeland, Prime Minister Justin Trudeau wants to see big top earners pay higher taxes… Read More »Trudeau Tells Freeland to Pursue Higher Taxes on Top Earners
One bettor may know the National Football League better than anyone else … or just have some great luck on their side. What Happened A $50… Read More »Improbable Bet: How One Lucky NFL Fan Turned $50 Into $450,000
DUBAI, UNITED ARAB EMIRATES—Emirati billionaire Majid Al Futtaim, who rose from working as a bank clerk to creating an eponymous business empire most known for… Read More »Emirati Mall, Supermarket Billionaire Majid Al Futtaim Dies
NEW YORK— Federal Reserve’s more hawkish turn this week came amid heightened worries about economic recovery and inflation, but it has barely changed the bond… Read More »Bond Markets Don’t Buy Hawkish Fed’s View on How High US Rates Can Go
Ray Dalio, billionaire investor and founder of the world’s largest hedge fund, Bridgewater Associates, in a Dec. 15 interview with Marketwatch, praised Bitcoin, the largest cryptocurrency on… Read More »Bitcoin Has Come a Long Way, Ray Dalio Says in Interview That Also Touches on Inflation and US Politics
Australian government has given an ear to the cryptocurrency industry and appointed a new committee that will oversee the development of long called for regulation… Read More »Cryptocurrency Now in the Sights of Australian Regulators
Myanmar villagers rest in an evacuation area in Tak province after fleeing to Thailand amid clashes between junta troops and an ethnic Karen rebel group,… Read More »2,500 people flee to Thailand amid clashes between Myanmar forces, anti-junta groups
LOS ANGELES— operator of the now-defunct 1-800-GET-THIN ad campaign and a Beverly Hills-based company he controlled were found guilty Dec. 16 of using fabricated sleep… Read More »Ex-Weight-Loss Doctor Found Guilty in Lap-Band Trial in LA
We asked readers to share their best holiday cookie recipes and the stories behind them. After sifting through dozens of sweet (and buttery) submissions, here… Read More »Family Table: Christmas Cookie Edition
HONG KONG—Blank check companies known as SPACs can list in Hong Kong starting Jan. 1, the stock exchange operator said on Friday, making it the… Read More »Hong Kong’s tweaked regime for SPAC listings starts on Jan. 1
SHANGHAI/HONG KONG—Shimao Group Holdings Ltd. was downgraded by rating agencies Moody’s and Fitch on Friday, both by two notches, due to the Chinese developer’s increased… Read More »Shimao Downgraded by Moody’s, Fitch on Increased Financing Risks
NEW YORK—Global stock benchmarks and oil prices fell on Friday while safe havens such as the dollar and Treasury bonds rose as investors wrestled with… Read More »Stocks Slide, Safe Havens Gain as Omicron Worries Weigh
FRANKFURT—Deutsche Bank’s merger and acquisition advisory business in the United States has been “extremely strong” in the fourth quarter, a bank executive said on Wednesday,… Read More »Deutsche Bank’s M&A Business in Fourth Quarter Extremely Strong, Executive Says