The Bank for International Settlements will test the use of central bank digital currencies with Australia, Malaysia, Singapore and South Africa.
Wall Street bears battered by the Reddit crowd earlier this year have yet to regain their gumption, even with stocks at records.
Stocks stabilized in the green, though remained well off session highs after protesters surged into the U.S. Capitol, forcing a lockdown.
There’s confusion over how to interpret President Trump's order to halt investment in certain Chinese firms — costing investors billions.
Money managers are betting on a swift post-pandemic recovery that won't be content with the single-digit yields of developing-nation debt.
Tesla will be added to the S&P 500 index in one shot on Dec. 21, a move that will ripple through the market as managers adjust portfolios.
The Dow Jones Industrial Average topped 30,000 for the first time, as a series of market-friendly developments buoyed Wall Street.
Stocks surged around the world after a large-scale coronavirus vaccine study delivered promising results.
China's move to halt Ant Group's massive stock debut could reduce its value by as much as $140 billion.
Stocks tumbled as rising coronavirus infections and tougher lockdowns added to worries about the economic hit from the pandemic.
Bondholders are fighting over scraps as more and more companies go belly up.
U.K. markets took little notice of Prime Minister Boris Johnson's warning that the country is headed for a no-deal Brexit.
U.S. stocks completed the fastest-ever return to a record after a drop of at least 20%.
Alibaba Group and Xiaomi will be included in Hong Kong's Hang Seng in one of the biggest revamps in the benchmark index's 50-year history.
Foreign managers are trimming their China stock holdings but remain overweight and bullish on the market's relatively strong outlook.
Hong Kong Exchanges & Clearing Ltd. CEO Charles Li is stepping down after 10 years, adding to the bourse's rising challenges.
Mainland Chinese stocks and bonds are emerging ahead of the pack from the coronavirus maelstrom clouding global markets now.
Stock markets in Europe and Asia fell as trading resumed Monday, with COVID-19 related uncertainty trumping a hefty Fed stimulus package.
Stocks plunged, oil tumbled and the stress in U.S. credit markets deepened after the WHO called the virus spread a pandemic.
The biggest overhaul of Japan's equity market in decades moved ahead after discussions resulted in a target date and listing criteria.
Chairman Jerome Powell said the Fed is monitoring the spread of the coronavirus and its potential impact on the global and U.S. economies.
Large banks and money managers are among supporters of a plan to cut London trading hours by 90 minutes to promote health and diversity.
The global rush for safer assets has fueled a jump in the world's stockpile of negative-yielding bonds, snapping months of decline.
Saudi Aramco shares surged after the oil producer's initial public offering, valuing the company at a record $1.88 trillion.
Saudi Aramco raised $25.6 billion from the world's biggest IPO, closing a deal that could help Saudi Arabia overhaul its economy.