TD Bank nears possible guilty plea in money laundering probe, WSJ reports
(Reuters) – TD Bank is close to a possible guilty plea to criminal charges that its U.S. retail bank failed to curb money laundering tied to Chinese crime groups and…
US southeast faces daunting task cleaning up from Helene; death toll rises
By Rich McKay, Joseph Ax and Andrew Hay ATLANTA (Reuters) – Authorities across a wide swath of the southeastern United States faced the daunting task on Saturday of cleaning up…
Investing.com’s stocks of the week
Investing.com — This week, several stocks hit the headlines, with some experiencing significant price movements. Here are Investing.com’s stocks of the week: China Stocks Several U.S.-listed Chinese names made significant gains…
Why Wells Fargo says investors have key decisions to make amid Fed easing cycle
Investing.com — The time may have come for investors to make key decisions about their cash alternative allocations and fixed income positions as the Federal Reserve embarks on a campaign…
How to prepare your portfolio for Q4
Investing.com — As we approach the final quarter of 2024, markets are buoyant, with equity indices reaching new highs, bolstered by the Federal Reserve’s aggressive rate cuts and hopes of…
Nuclear power renaissance on the way: UBS
Investing.com – UBS takes a look at nuclear power, seeing the possibility of a renaissance in the industry. “For decades, nuclear energy was considered problematic by investors, regulators, utility companies,…
Here’s how Morgan Stanley expects the US election to impact textile retailers
Investing.com — The second-half trading backdrop remains “challenging” for textile retailers, although they could be supported by broader consumer sentiment that appears to be more positive than in prior election…
China’s industrial profits fall 17.8% in August amid weak economic growth and property slump
China’s industrial profits plunged 17.8% in August compared to the previous year, signaling growing concerns over the country’s economic slowdown. The sharp decline, reported by the National Bureau of Statistics…
CAC 40 index hits key price as LVMH, Hermes, Kering stocks lead
The CAC 40 index soared this week, thanks to ongoing stimulus measures by the Chinese government and actions by the Federal Reserve and the European Central Bank (ECB). It soared…
Chinese stocks soar, posting best weekly gains since 2008 amid stimulus optimism
Chinese stocks surged on Friday, on track to close their best week since the 2008 global financial crisis, driven by optimism over new government stimulus measures. The CSI 300 Index,…