PBOC Cuts Benchmark Loan Prime Rate to Boost Faltering Economy
China cut its benchmark loan prime rate on Monday, a move that will provide more support for the slowing economy after the central bank lowered two other key policy rates last week.
Nearmap Board Recommends Thoma Bravo's Takeover Offer
Australian aerial-mapping firm Nearmap Ltd. agreed to a $725.6 million takeover by U.S. private-equity firm Thoma Bravo.
Biggest Banks Nearing $1 Billion Settlement Over Traders' Use of WhatsApp
Federal regulators intend to levy the fines over the alleged breach of rules that require the retention of business records.
New Zealand Govt to Take Direct Ownership of Kiwibank After Rejecting Private Investment
The New Zealand government will take direct ownership of Kiwibank in a deal valuing the lender at US$1.3 billion, after rejecting private investment for the company.
Celsius Spent $40 Million on Crypto Mining in First Two Weeks of Bankruptcy
But the cryptocurrency lending platform expects the mining facility to turn a profit by January, CFO says.
Bitcoin Sells Off-Again
The selloff of the world's largest cryptocurrency comes just days after Bitcoin crossed $25,000.
Investors Should Go Where the Float Is
Companies holding on to money longer wasn't worth it in the era of low rates and excess cash, but that is starting to change.
What Biotech ETFs Might Be Right for Your Portfolio?
Here's a look at the offerings in what has become a hot sector this summer.
Financial Services Roundup: Market Talk
Find insight an FDIC warning to crypto firms, transparency of credit-card interest rates, and more in the latest Market Talks covering Financial Services
Fed's Bullard Leans Toward 0.75-Percentage-Point September Hike
St. Louis Fed President James Bullard said he is considering support for another large rate rise at the central bank's policy meeting next month and added he isn't ready to say the economy has seen the worst of the inflation surge.
(END) Dow Jones Newswires
08-22-22 0015ET
