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KC Chiefs QB agrees to largest contract in NFL history Kansas City Chiefs quarterback Patrick Mahomes agrees to a 10-year extension, which will be the…

Business

Fed likely to open bond-buying 'taper' door, but hedge on outlook

September 22, 2021

WASHINGTON (Reuters) – The Federal Reserve is expected to clear the way on Wednesday for reductions to its monthly asset purchases later this year and…

Business

BlackRock and HSBC funds boosted Evergrande holdings as crisis loomed

September 22, 2021

Funds managed by BlackRock and HSBC added to their holdings of Evergrande bonds just months before a liquidity crisis at the Chinese property developer pushed…

Business

Google to spend US$2.1 billion on office building in New York amid shift to remote work

September 22, 2021

NEW YORK (NYTIMES) – Google on Tuesday announced it would spend US$2.1 billion (S$2.84 billion) to buy a sprawling Manhattan office building on the Hudson…

Business

IMF board gets initial briefing on Georgieva role in China data rigging scandal

September 22, 2021

FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva makes remarks during a closing news conference for the International Monetary Finance Committee, during the…

Business

China Evergrande inches close to default deadline, investors wait

September 21, 2021

NEW YORK/HONG KONG (Reuters) – China Evergrande Group, once China’s top-selling property developer, inched closer to a key deadline where it risks a default on…