Editor’s Pick

(Reuters) – Shares in Australia’s no.2 casino operator Star Entertainment slumped over 50% to a record low on Friday, as it resumed trading a day after posting a second straight…

BEIJING (Reuters) -China’s central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the second reduction this year…

By Elisa Anzolin and Mimosa Spencer MILAN/PARIS (Reuters) -Moncler’s Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH, which will…

By Jamie McGeever ORLANDO, Florida (Reuters) – It’s safe to say that the timing and scale of the stimulus measures unleashed by China this week were, in large part, prompted…

WASHINGTON (Reuters) -Shares of Cassava Sciences (NASDAQ:SAVA) fell 10% in post-market trading on Thursday after the U.S. Securities and Exchange Commission charged the biopharmaceutical company and two former executives for…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Will this week be Chinese President Xi Jinping’s equivalent of Mario Draghi’s famous “whatever it takes”…

(Reuters) – Federal Reserve Governor Lisa Cook on Thursday endorsed the U.S. central bank’s 50-basis-point interest-rate cut last week as a way to address increased “downside risks” to employment. “I…

BRASILIA (Reuters) – Ratings agency Fitch said on Thursday that Brazil’s better-than-expected economy has not translated into stronger public finances, forecasting a tougher 2025 and a steeper rise in the…

By Michael S. Derby NEW YORK (Reuters) – The official responsible for managing the Federal Reserve’s massive holdings of cash and bonds said on Thursday there’s likely plenty of room…