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SINGAPORE hedge fund Asia Genesis Asset Management is closing its macro fund after suffering an “unprecedented drawdown” following China’s stock market rout...

Retail sales fell by 3.2% in December in the sharpest drop since the UK was in a Covid lockdown.

The average on a 30-year loan stands at 6.60%, down from a peak of nearly 8% in October. Mortgage...

Bonds around the world are extending gains on expectations that a wave of easing will break out next year as inflation fears...

Moody's on Friday lowered its outlook on the U.S. credit rating to "negative" from "stable" citing large fiscal deficits and a decline...

China led Asia's stock markets higher on Wednesday as investors cheered the approval of a trillion-yuan sovereign bond issue as a harbinger...

Investors have turned bearish again in October, boosting cash levels to 5.3% from 4.9% during the previous month and keeping a neutral...

Citigroup's profit was broadly steady in the third quarter, fueled by rising interest payments and surging investment banking fees. The...

As Citigroup embarks on a sweeping reorganization, support staff in compliance and risk management are among the most likely to lose their jobs, according...

The US dollar extended its gains, sending the currency toward its longest rally in years as the strength of the economy fuels...