Bank of America tops estimates on better-than-expected investment banking
Bank of America on Tuesday said second-quarter revenue and profit topped expectations on rising investment banking and asset management fees.
Wellness asian news
Banks trim China's GDP forecasts as its leaders huddle at plenum
SHANGHAI -- Investment banks have downgraded their forecasts for China's economic growth this year after weak second quarter results released on Monday, adding pressure on President Xi Jinping to offer more support at a key Communist Party meeting this week.
CNBC Pro Talks: From weight loss drugs to AI winners, CIO set to reveal his top stocks
Weight loss drugs and artificial intelligence have been dominating headlines, with investors betting that stocks in both categories have big potential upside.
Americans won’t know China well if they don’t know Mandarin
Without training a class of experts deeply steeped in Chinese culture, language and customs, the United States is hampered in understanding Beijing’s motives, crafting informed decision-making and avoiding the sort of cardboard imagery that stokes conflict.
A giant panda has given birth to a cub in a Dutch zoo, in a boost for the endangered mammals
THE HAGUE, Netherlands (AP) — A giant panda has given birth to a cub at a Dutch zoo, in a boost to the captive population of the vulnerable mammals.
T-shirts with image of Trump raising his fist after assassination attempt are for sale in China
BANGKOK (AP) — Images of the moment have already been splashed across the world’s front pages and papered many corners of the internet — former President Donald Trump, ear bleeding, with his right hand clenched in a fist above the Secret Service agents surrounding him after he was shot.
Texas Gov. Greg Abbott demands answers as customers remain without power after Beryl
DALLAS (AP) — With around 270,000 homes and businesses still without power in the Houston area almost a week after Hurricane Beryl hit Texas, Gov. Greg Abbott on Sunday said he’s demanding an investigation into the response of the utility that serves the area as well as answers about its preparations for upcoming storms.
Swatch sales, profits hit by flagging demand in China
Swatch Group reported a steep fall in first half sales and earnings on Monday as the world's biggest watchmaker struggled with weaker demand in China.