[ad_1] Stock benchmarks in two of Asia’s largest economies climbed to historic highs, while U.S. equity and bond markets were shut for Martin Luther King Day. Bank earnings and economic…
Category: Market
Peace and Prosperity in the Taiwan Strait Still Have a Chance
[ad_1] Taiwan has voted: bringing the independence-leaning Democratic Progressive Party an unprecedented consecutive third term in the presidency. Now the world is waiting on Beijing, which claims Taiwan but doesn’t…
Got $60 Million? Goldman Sachs Wants to Lend You More
[ad_1] Goldman Sachs has given up on lending to Main Street consumers. Now it’s doubling down on wealthy clients. The Wall Street giant is increasing lending to its private-wealth clients,…
The Last Man Standing in Crypto
[ad_1] Brian Armstrong has become the new face of crypto. Coinbase Global, the cryptocurrency exchange he co-founded in 2012, is one of the last big digital-asset companies standing after a…
More Cheese, Please: Farmers Are Squeezing Cows for Fattier Milk
[ad_1] Americans are eating more cheese and butter. That has dairy farmers scrambling to get their cows to produce fattier milk. The efforts include using different cow breeds and feed…
Luxury Hand-Me-Downs Are Now Worth Billions of Dollars
[ad_1] As much as luxury companies would love to stamp out the secondhand trade in their products, it’s an impossible task. All the better for fashionistas and investors, who can…
S&P 500 Falls Short of Record Despite Weekly Gain
[ad_1] The S&P 500 overcame big declines in airline stocks and shares of companies that rely on discretionary spending Friday to inch closer to a new all-time high. The benchmark…
Morgan Stanley Agrees to Pay $249 Million to Settle Block-Trading Probes
[ad_1] Morgan Stanley agreed Friday to pay $249 million to settle criminal and regulatory investigations into allegations that some employees improperly shared information about clients’ stock sales, the Manhattan U.S.…
BlackRock to Buy Global Infrastructure Partners for $12.5 Billion
[ad_1] BlackRock has agreed to buy private-equity firm Global Infrastructure Partners for roughly $12.5 billion in cash and stock, a significant push into private-market investments for the world’s largest asset…