According to sources in the business and government, two Chinese manufacturers of energy storage devices and batteries are considering making hundreds of millions of dollars in investments in Vietnam.

On Wednesday, New York Community Bancorp said that it had secured $1 billion from investors, including Liberty Strategic Capital, the former Treasury Secretary Steven Mnuchin's company, and that it had appointed a previous Comptroller of the Currency as its new chief executive officer.

China's retail sales and factory output in the January–February period exceeded predictions, signaling a strong start to 2024 and providing some respite to authorities even though the property sector's crisis continues to weigh on the economy and confidence.

During Federal Reserve health checks this week, major US lenders are supposed to show that they have enough capital to withstand any new banking sector upheaval, although analysts predict that investor payouts will likely somewhat decline as a result.

In a noteworthy shift, the US Federal Reserve has decided to hold interest rates at the current level of 5%-5.25%. This decision marks the first time the central bank has not increased the rates since March 2022. The Federal Reserve is choosing to evaluate the economic effects of the previous rate hikes before moving forward.

At the end of last year, Japan suddenly entered a recession, losing its position as the third-largest economy in the world to Germany and casting doubt on the timing of the central bank's decision to cease its ultra-loose monetary policy of the previous ten years.

Following previous bank failures, the top regulator of the Federal Reserve unveiled a comprehensive plan to raise capital standards for the biggest banks in the country. The sector quickly criticized the proposal.

This week, Tether celebrates reaching $100 billion in circulation. However, the explosive growth of the largest stablecoin in the world has raised questions about possible threats to larger financial markets.

In April, China's consumer prices marked a third consecutive month of growth, while producer prices continued to decline, indicating a mixed picture for the country's economic recovery efforts amidst ongoing challenges.

In the words of two people with knowledge of the situation, Scott Bommer of Blackstone Group, who was in charge of the Horizon platform's growth plan for its hedge fund subsidiary, is leaving the organization due to health issues.

According to a report by Bloomberg News on Wednesday, the chairman of China Evergrande Group has been put under police observation, casting more uncertainty on the developer's future while it also grapples with the growing possibility that it may have to liquidate.

Tuesday saw the announcement by Unilever that it was going to spin off its ice cream business — home to well-known brands such as Ben & Jerry's and Magnum — and reduce 7,500 jobs as part of a new cost-cutting strategy.

Manufacturing activity across Asia saw notable growth in May, driven by a surge in global demand. This trend, highlighted in private surveys released on Monday, suggests a sustained economic recovery in the region, with China showing early signs of rebounding.

In a bid to stimulate sales, Tesla, the electric vehicle manufacturer, reduced prices, leading to a record-breaking surge in vehicle deliveries in Q2, surpassing the previous year's number by over 80%.

The renowned internet service platform, eBay, is venturing into the space of digital collectibles by becoming a hub for purchasing and selling non-fungible tokens (NFTs). This move came about through the acquisition of KnownOrigin, an established NFT marketplace.

Shares of fashion retailer H&M reached a 16-month peak on Thursday as the company's second-quarter profit above expectations due to cost-cutting initiatives beginning to pay off and the warmer European weather helping its summer collection.

The US dollar index was unchanged after data revealed that US retail sales rose more than anticipated in July, whereas the yuan plunged to a 9-month low on Tuesday as a result of China's central bank's unexpected reduction of major policy rates.

As bonds recover from a major selloff, some investors predict stronger conditions in the United States fixed income market in 2024 — that is, if the rate cuts by the Federal Reserve occur as expected.

As it strives to energize its lethargic delivery business, Domino's Pizza announced that customers can begin using Uber's Uber Eats and Postmates services for orders. After that, the company's shares increased 10% on Wednesday.

Private lenders are having the traditional bankers' lunches.But as they do so, the asset managers and private equity companies pushing out Wall Street lenders are becoming more and more like the conventional financial industry.

Burberry could not be in a worse position as the luxury market slows down after a post-pandemic boom, with designer Daniel Lee's first collections for the British brand beginning to appear in recently renovated stores.

As investors stayed cautious in anticipation of several important policy announcements due this week, the dollar edged up slightly on Monday. The Federal Reserve is expected to maintain rates in place for its first time since January 2022, which would mark a change from recent practice.

Country Garden, the biggest private real estate developer in China, is attempting to postpone payment for a privately held onshore bond for the very first time, the latest indication of a crippling cash crunch in the real estate industry that is increasing pressure on China to intervene.

 as the prices of goods manufactured by well-known companies like P&G and Unilever rise, French consumers are buying less personal hygiene and household goods, such as sacrificing tampons and detergent for laundry.

Carrefour is informing consumers in four European countries that it will stop selling products like Pepsi, 7up, and Lay's crisps because the prices have gone too high. This is part of the ongoing price war between retailers and international food corporations.

As was widely expected, the Bank of Japan kept ultra-loose monetary policy on Tuesday, highlighting the decision of policymakers to hold off on raising interest rates until they have more information about whether wage growth will be sufficient to sustain inflation below its target of 2%.

Tuesday saw shares of former US President Donald Trump's Trump Media & Technology Group soar up to 59% during its Nasdaq debut, elevated by his supporters and giving him a prospective windfall as he deals with the expenses of several lawsuits.

The year 2023 was not kind to renewable energy businesses. Green stars such as Danish offshore windmill developer Orsted have plummeted after years of strong valuations and lower power costs. Cautious investors should see a recovery despite the threat of Donald Trump's potential reelection as US president.

Wealth managers from Asia are opening offices in Dubai in greater numbers as they take advantage of the improving diplomatic relations between China and the Middle East and anticipate a sharp increase in client demand for geographical diversity.

Oil prices increased on Monday following a weekend uprising by Russian mercenaries that sparked worries about political unrest in that country and possible effects on oil supplies from one of the biggest producers in the world.

In order to reduce expenses and comply with Beijing's request to reduce inequality of income in the financial industry, China's CITIC Securities plans to transfer numbers of bankers working at CLSA in Hong Kong, its offshore platform to the mainland.

Meta Platforms declared its first dividend days before Facebook, the company's flagship social network, turned 20, while revealing revenue and earnings above forecasts because of strong ad sales during the Christmas shopping season.

The CEO of Singapore-based Grab Holdings, the top ride-hailing and food delivery app in Southeast Asia, announced on Tuesday that 1,000 jobs, or 11% of its employees, would be eliminated, refering to the need to control expenses and provide longer-term services that are more reasonably priced.

Brazilian vehicle exports are expected to decline by double digits in 2023 compared to the year before, according to the automotive association Anfavea, as shipments to Argentina, a neighboring country, are being negatively impacted by a severe economic crisis.

Germany's need to close a budget deficit and the uncertain prognosis for bank profitability are reviving talk of a possible merger, five years since Deutsche Bank and Commerzbank abandoned their bid to merge.

In response to a stronger-than-anticipated economy and a slower-than-expected decrease in inflation, the Federal Reserve kept its rate of interest unchanged on Wednesday but hinted in new forecasts that borrowing cost might still need to increase by as much as a half-point by the end of this year.