Riot police advanced on tens of thousands of protesters in Hong Kong's Admiralty district on Sunday, and the stand-off continued Monday morning, in the territory's worst incident of unrest in decades.
The US economy grew at its fastest rate for two and a half years in the second quarter after a broad-based pick-up in activity, boosting hopes of a sustained recovery.
Bill Gross, the world renowned investor known as the ‘bond king’, has dramatically quit the $2tn investment firm he set up more than 40 years ago due to “fundamental differences” with the company.
'I don't shock easily, but I was surely shocked'.
If Bill Gross still can be called "the bond king," then there's at least a significant amount of tarnish on the crown.
The sudden exit of Bill Gross from Pimco sparked a knee-jerk selloff in the Treasury market, a drop in Pimco closed-end funds and rallies in competitors' shares as traders gamed whether the world's largest bond house would see an exodus of investors and a repositioning in its funds.
There is no shame in being unemployed-even if you're an executive.
The Ryder Cup is arguably the biggest team event in international sport.
Warren Buffett has lost over $700 million on his investment in U.K. supermarket Tesco, which has seen shares fall around 43 percent this year.
Dan Ivascyn, Pimco's current deputy chief investment officer, will succeed Bill Gross and take over portfolio management at Pimco, according to a report from Dow Jones.
BNP Paribas is pulling out of a niche U.S. energy lending business for the second time in four years after plunging oil prices dragged what was once seen as some of the safest energy loans into losses.
Two former Rabobank traders on Thursday lost a bid to overturn their convictions arising from an international investigation into the manipulation of Libor, the leading global benchmark for pricing financial transactions.
Four families of Americans killed by Mexican drug cartels are suing British banking giant HSBC for allegedly contributing to their deaths by allowing the gangs to launder billions of dollars.