HONG KONG - China's stock market tumble has presented the government of President Xi Jinping with a searing test of its commitment to overhaul the country's financial system and open up the state-controlled economy.
SINGAPORE Oil futures fell again on Wednesday as worries over the Greek debt crisis and China's stock market turmoil outweighed an expected U.S.
The International Monetary Fund warned on Tuesday that American stock prices were high and that United States insurers and mutual funds were vulnerable to financial shocks.
(Adds preliminary approval of settlement, paragraph 3). By Jonathan Stempel. NEW YORK, July 7 (Reuters) - Jon Corzine and other former MF Global Holdings Ltd officials have reached a $64.5 million settlement of litigation brought by investors seeking ...
Cuba is on the horizon for Carnival Corporation. The world's biggest cruise operator said yesterday that it had been granted US government approval to start operations to the Caribbean island.