OpenAI restructures into public-benefit firm, Microsoft takes 27% stake | Technology News
The deal removes a major constraint on raising capital for OpenAI, the maker of ChatGPT, and values the…
New phrase, new phase? China’s central bank adjusts language on yuan internationalisation
China’s central bank has adopted a more proactive tone when describing its efforts to promote the global use…
Japan shares surge after LDP sets plans for new coalition
BANGKOK (AP) — Asian markets surged Monday after Wall Street finished a winning week, overcoming worries over bank…
China’s PBOC Vows Steps to Promote Use of Yuan Around the World
The People’s Bank of China in Beijing. Bloomberg (Bloomberg) — Chinese authorities pledged to make it easier for…
The Great Debasement Debate Is Rippling Across World Markets
(Bloomberg) — Beneath the surface of the short-term ups and downs of financial markets, a longer-term repricing of…
Global financial system susceptible to shocks, Bailey warns G20
The global financial system is vulnerable to shocks amid a recent surge in the price of shares and…
Stocks tumble in Wall Street’s worst day since April after Trump threatens more tariffs on China
NEW YORK (AP) — A monthslong calm on Wall Street shattered Friday, and U.S. stocks tumbled after President…
World shares mostly rise as China markets reopen from a long holiday
MANILA, Philippines (AP) — European shares were mixed in early trading while most Asian stocks rose on Thursday…
Why gold’s historic rally is about more than just Trump | Business and Economy News
The price of gold has soared to a historic high, crossing $4,000 per troy ounce (31.1g) as global…
Market Reactions to Tariff Announcements
Trade policy in the United States changed markedly in 2025, with significantly higher tariffs proposed for most trading…
Wall Street drifts a bit higher as tech stocks climb
NEW YORK (AP) — Wall Street drifted a bit higher after a day of mixed trading. The S&P…
Interest rate cut offers hope to Canada’s sluggish housing market | Housing
Vancouver, Canada – After a major slowdown in Canada’s high-priced housing market, real estate sales in the country appear…