The land supply for private housing in the coming financial year is expected to be sufficient to build almost 32,000 flats, the SCMP reports. » Read More
By: Cheang Ming
"Big crocodiles" and "demons" aren't terms typically associated with regulatory legalese, but they're being used in China. » Read More
Strong economic data may point to an interest rate hike at the Fed's March meeting, Atlanta Fed bank president says. » Read More
KBW analysts are looking at "shadow banking" stocks and think nonbank lenders may rebound.
Some of the names on the move ahead of the open.
The Fed could pull the rug out from under investors who are overlooking signs an interest rate hike is coming, economist Carl Tannenbaum says.
The Fed should scrap a plan to shrink its massive bond holdings and instead keep them "indefinitely" to protect against financial shocks.
Policymakers at the U.S. Federal Reserve have been accused of using ambiguous and evasive language after several days of commentary.
The current uncertainty over when the U.K. will start the process of quitting the European Union has banks on tenterhooks.
While non-performing loan ratios have crept up, recent results reflect a stabilization in asset deterioration, an analyst said.
Hangzhou city airport has been condemned by authorities as one of the worst-managed in China, the South China Morning Post reports.
Sources tell CNBC Carl Icahn may have been interested in unloading his Herbalife stock earlier in August, but for the right price.
Participants in a nationwide movement to deploy African-American spending power in a more targeted way are depositing cash in black-owned banks.
Carl Icahn bought 2.3 million shares of Herbalife and criticized Bill Ackman for obsessing over his short position in the company.
Carl Icahn slammed Pershing Square's Bill Ackman for making false statements about Icahn's Herbalife investment.
Yellen and Fischer's comments at Jackson Hole leave markets right where they started the session.
Delinquencies in subprime auto loans are on the rise, and that could signal bad news for lenders and automakers.
Federal Reserve Vice Chairman Stanley Fischer tells CNBC the decision on whether to hike interest rates should be looking forward not backward.
At Jackson Hole, Fed Chair Janet Yellen voiced optimism about the economy and an expectation that interest rate hikes are ahead.
Wall Street banks get a lift from Janet Yellen's comments as the market begins to price in a near-term rate hike.
Read Fed Chair Janet Yellen's full speech.
Bill Ackman tells CNBC he was approached indirectly by Carl Icahn to purchase a stake in Herbalife — his longtime short target.
"I think the economy is on a good track," Cleveland Fed President Loretta Mester said, "the employment numbers show that."
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