UOB's return on equity has been only slightly above the 9% level we assume as its cost of equity, but we forecast that its ROE will remain above 12% across our forecast horizon as its revenue benefits ...

China's currency has had a rough start to 2025. It is nearing a 16-month low, and many economists predict it has further to fall. The central bank cut its benchmark rate by 25 basis points to 10% in ...

Oil futures gained on Thursday, with global benchmark prices turning higher for the week and buoyed by optimism over the outlook for demand. Southern California's Edison International owes its ...

After a day off in honor of former President Jimmy Carter's national day of mourning, traders will return to their desks on Friday. It won't take long until they're forced to confront the first major ...

--Apollo Global Management is considering taking a stake in a proposed management buyout of Seven & i Holdings by the founding Ito family, Bloomberg reported Friday, citing unnamed sources.

China's central bank has hit pause on government bond purchases, a move that comes as long-term yields hit fresh lows amid expectations of more monetary policy easing.

The yield on 10-year U.K. government debt rose to the highest since 2008, the latest casualty of a global rout spurred by rising yields on Treasury notes. Companies across the board are less likely to ...

The insurance industry has been thriving as climate change increases the demand for coverage. The voting-machine company seeks billions in damages. The world's largest asset manager is latest Wall ...

China's central bank has suspended the purchase of treasury bonds in open markets after the country's long-term yields hit fresh lows in recent weeks on policy easing hopes.

The weather-forecasting media company said Thursday it's already one of the worst wildfire episodes in California history, creating economic losses ranging from $135 billion to $150 billion, including ...

The Los Angeles fires have created an estimated $135 billion or more in damage, cost at least five people their lives and forced at least 180,000 people to evacuate.

The fires, which are still not under control and have killed at least five people, are likely to cost more than $50 billion in overall losses, the analysts said. Late Thursday, Accuweather pinned the ...