Sectors
Chinese Hedge Fund Zhejiang Ruifengda Under Investigations Over Suspected Illegal Activities
China's securities watchdog is investigating Zhejiang Ruifengda Asset Management Co. due to allegations of illegal activities, including failing to repay investors and a missing controlling shareholder, as the hedge fund manages assets exceeding $469 million.
Prominent Australian Businessman Dies After Head Repeatedly Hit With 'Blunt Object' Inside Home; Killer Still on the Loose
A man brutally beaten in his home in Queensland, Australia, before dying in a hospital 10 days later, has been identified as prominent businessman Jim Hill, and his killer is still on the loose.
Shein Pushing for London IPO Launch Amid US Listing Hurdles
Chinese fast-fashion giant Shein is reportedly intensifying its efforts for a London stock market debut amid uncertainty on the likelihood of receiving approval from the US Securities and Exchange Commission.
Federal Reserve President Says US Economy Likely Slowing Down — Does This Hint at a Possible Interest Rate Cut Soon?
Atlanta Federal Reserve President Raphael Bostic has reportedly indicated that the US economy is likely slowing down, which could prompt interest rate cuts this year.