UBS shareholders confront the bank's leadership over the hastily arranged merger with Credit Suisse, engineered by the Swiss government, central bank, and financial regulators. Concerns arise...
Malaysian Prime Minister Datuk Seri Anwar Ibrahim has called for the country to stop relying on the US dollar for investment negotiations and instead use Malaysia's...
Investment bank China Renaissance has suspended trading in its shares due to the disappearance of its chairman, Bao Fan, who is reportedly cooperating in an official...
Swiss prosecutors are investigating the UBS takeover of Credit Suisse, following pressure from authorities and media leaks. The probe aims to identify any criminal offences and...
US lawmakers accused regulators of failing to prevent the collapse of Silicon Valley Bank, which sparked a broader sell-off of banking stocks. The Senate Banking Committee...
China has provided $240 billion in bailout loans to 22 developing countries in danger of default, mainly in Belt and Road Initiative (BRI) countries like Sri...
First Citizens Bank to acquire deposits and loans of bankrupt Silicon Valley Bank, covering $119 billion in deposits and $72 billion in assets. SVB's 17 branches...
The majority of economists predict a US recession and high inflation until 2024, according to a semiannual survey by the National Association for Business Economics (NABE),...
TikTok content creators protested against a potential ban on the app at the US Capitol, arguing that the platform is no more prone to data breaches...
Tencent's net profit fell 16% YoY in 2022, earning 188.2 billion yuan ($27.3 billion), as China's tech sector faced increasing regulatory scrutiny over anti-competitive behavior and...