China lifts foreign ownership limits on financial firms China lifts foreign ownership limits on financial firms: The Chinese government on Friday said it will raise foreign ownership limits in domestic financial firms, a long-anticipated step that grants greater access to overseas investors into the Asian giant’s financial services market. The […]

Fox held talks to sell most of company to Disney Fox held talks to sell most of company to Disney: Fox’s shares jumped 9.9 percent to close at $27.45 on Nasdaq, and Disney shares climbed 2.0 percent to $100.64 on the New York Stock Exchange. The discussions reflect a view […]

IMF warns Venezuela over gaps in economic data transparency IMF warns Venezuela over gaps in economic data transparency: The International Monetary Fund issued a warning to Venezuela on Friday for failing to provide the institution with economic data on time and gave it six months to address the lack of […]

Cryptocurrencies market cap hits record $200 billion as bitcoin soars Cryptocurrencies market cap hits record $200 billion as bitcoin soars: The aggregate value of all cryptocurrencies hit a record high of over $200 billion on Wednesday, according to industry website Coinmarketcap, putting their reported market value at more than that […]

Apple firmly on course for $1 trillion valuation Apple firmly on course for $1 trillion valuation: The stock rose as much as 3.7 percent to $174.26, briefly breaching $900 billion in market value, amid declines in the broader market. The gains added nearly $32 billion to the company’s market capitalization. […]