US Ambassador to India, Eric Garcetti, has stated that electric buses can change the world and create a future where the planet is livable. The United States and India have launched a joint… Read More
Convicted murderer Alex Murdaugh has pleaded guilty to 22 counts of financial fraud and money laundering in federal court. Murdaugh, who is already serving life without parole for the murder… Read More
The closure of the border between Benin and Niger, as well as trade sanctions imposed on Niger by the Economic Community of West African States (ECOWAS) following a coup, has led to signific… Read More
The United States has pledged an additional $65 million in aid for Haiti's police force and is urging the United Nations Security Council to support a multinational security mission to comba… Read More
A BJP leader in South Delhi, Karan Banka, shot himself in the bathroom and later succumbed to his injuries at Max Hospital Saket. The initial probe revealed that Banka was facing financial d… Read More
Chinese President Xi Jinping launched the Belt and Road program ten years ago, aiming to build global infrastructure and supply chains. The program has expanded to include various sectors su… Read More
The Mexican government has constructed the Olmeca refinery in the industrial port of Dos Bocas to reduce gasoline imports. The refinery, which is expected to be fully operational in 2024, ha… Read More
A new bill called the Secure and Fair Enforcement Regulation Banking Act has advanced in the Senate, aiming to provide banking services to the marijuana industry. The bill would offer legal… Read More
Solomon Islands Prime Minister Manasseh Sogavare criticized the United States for lecturing Pacific leaders instead of showing them respect. Sogavare declined to attend a US-Pacific islands… Read More
Russell Brand, a comedian and political activist, is facing a police probe and demonetization on YouTube following allegations of abuse, sexual assault, and rape made by four different women… Read More
The Singapore Exchange (SGX) has become the first exchange in Asia to offer trading in "structured certificates," which are financial instruments based on underlying assets. It is unclear if… Read More
Attorneys for convicted murderer Alex Murdaugh are seeking federal control over his remaining assets, which have been under state control for nearly two years. They argue that the federal go… Read More
In midday trading, Trimble saw a 6.4% jump after AGCO Corporation announced it will acquire an 85% stake in Trimble's agribusiness for $2 billion in cash. DigitalBridge also experienced a 5… Read More
African nations emphasized the need for fair representation in international financial institutions and urged action on climate change, hunger, poverty, and debt at the recent United Nations… Read More
The Biden administration has announced its new plan to cancel student debt after its original policy was struck down by the Supreme Court. The U.S. Department of Education has released its a… Read More
A 3-month-old baby from Tamil Nadu suffering from muscular dystrophy requires a Rs 16 crore injection called Zolgensma from the US for treatment. The family has appealed to the government fo… Read More
FEMA, the Federal Emergency Management Agency, is running out of money, causing disaster recovery projects across the country to stall. Perry County in Kentucky, which suffered from flooding… Read More
The UN Security Council is voting on whether to authorize an international force to support Haiti's police in response to a gang-driven security crisis. Kenya has offered to lead a multinati… Read More
Former President Donald Trump has stated that he plans to testify in the New York trial accusing him of engaging in business fraud "at the appropriate time." He is named as a potential witne… Read More
The fraud trial against former President Donald Trump in New York is focusing on who was responsible for fraudulent financial statements. Trump's lawyers are attempting to shift blame onto a… Read More
The Nobel economics prize has been awarded to Harvard University professor Claudia Goldin for her research on women in the labor market. Goldin's work provides a comprehensive account of wom… Read More
U.S. Rep. George Santos, a New York Republican, faces new charges of stealing donor identities and making unauthorized charges to their credit cards, according to a new indictment filed on T… Read More
Millions of Social Security recipients will receive a 3.2% increase in their benefits in 2024, amounting to over $50 more per month on average, according to the Social Security Administratio… Read More
The FBI and Ghana's Office of the Special Prosecutor are investigating the assets and financial activities of former Ghanaian Minister Cecilia Abena Dapaah and her associates in the United S… Read More
Asian fintech firm MoneyHero saw its shares fall on its first day of trading on the Nasdaq after completing its merger with special purpose acquisition company Bridgetown Holdings. MoneyHero… Read More
Locals in Pakistan's Baltistan Province are using a unique method called "glacier grafting" to create the next generation of glaciers. The process involves introducing "male" glaciers to "fe… Read More
The Penrith Panthers have given Jarome Luai permission to explore his options when the NRL trade window opens on November 1. Luai, who is set to undergo surgery for a dislocated shoulder, be… Read More
Shares of chipmakers, including Nvidia, fell after the US announced new restrictions on exports of AI chips to China. The restrictions, which are stricter than previous ones implemented by t… Read More
The US Department of Commerce is planning to restrict the sale of advanced artificial intelligence (AI) chips to China in an effort to close loopholes created by previous restrictions. The n… Read More
Former President Donald Trump was warned by a judge to keep his voice down during his New York civil fraud trial after he spoke aloud to his lawyers while a witness was testifying against hi… Read More
Former Indian cricket team captain Mohammad Azharuddin and some former office bearers of the Hyderabad Cricket Association (HCA) have been accused of misappropriation of funds, leading to a… Read More
Oprah Winfrey and Dwayne "The Rock" Johnson have established "The People's Fund of Maui" to provide financial support to those affected by the devastating fires on the island. The fund will… Read More
Barclays reported a net profit of £1.27 billion ($1.56 billion) for the third quarter, beating expectations. The bank's consumer and credit card businesses performed well, compensating… Read More
The United Auto Workers union has gone on strike at a General Motors (GM) SUV factory in Arlington, Texas, following a strike at a Stellantis pickup truck factory in Michigan. This adds to t… Read More
The US is intensifying its efforts to cut off funding to Hamas, the Palestinian militant organization responsible for recent terrorist attacks. The US Treasury Department's under secretary f… Read More
Debt Collective and the Rolling Jubilee Fund have canceled $10 million in student loan debt for nearly 3,000 students at Morehouse College in Atlanta. The debt was purchased for one-and-a-qu… Read More
According to a new poll by The Associated Press-NORC Center for Public Affairs Research, about two-thirds of Americans say their household expenses have increased over the past year, while o… Read More
The Israel-Hamas war is impacting the operations and financial outlooks of various large companies. United Airlines, Delta Air Lines, and American Airlines are changing schedules and facing… Read More
Standard Chartered-owned crypto security firm Zodia Custody is launching its services in Hong Kong, as part of its expansion into the Asia-Pacific region. Zodia helps financial institutions… Read More
The number of internally displaced people in the Democratic Republic of Congo has reached a record high of 6.9 million, according to the International Organization for Migration (IOM). The i… Read More
The US Treasury Department, in collaboration with the UK and Canada, has announced new sanctions against Myanmar's state energy company, Myanma Oil and Gas Enterprise. The sanctions, effecti… Read More
China's high-level financial meeting signaled support for property developers and resolving local government debt problems. Policymakers emphasized treating private and state-owned property… Read More
China’s Communist Party to take helm of 'chaotic' financial sector
The post China’s Communist Party to take helm of ‘chaotic’ financial sector appeared first on Balan… Read More
DoubleLine Capital CEO Jeffrey Gundlach predicts that interest rates will decrease as the economy worsens and enters a recession in early 2024. The Federal Reserve has chosen to keep rates s… Read More
Billionaire Marc Rowan and other Wall Street executives are discussing halting donations to prestigious universities such as Yale and Harvard to protest their responses to the Israel-Hamas w… Read More
According to a new poll of 1,000 small business owners, over three-quarters of them believe their companies are equipped to handle upcoming economic instability. Increased interest rates and… Read More
UBS has begun selling Additional Tier 1 (AT1) bonds, which were at the center of controversy during its emergency rescue of Credit Suisse. The Swiss banking giant is marketing two tranches o… Read More
Two individuals close to former Tunisian dictator Ben Ali have been imprisoned in separate investigations into suspected financial corruption. Marouane Mabrouk, a leading Tunisian businessma… Read More
Kenya's President William Ruto defended his government's tough economic measures in his State of the Nation address, stating they were necessary to address the country's financial challenges… Read More
China's Industrial and Commercial Bank of China (ICBC), the world's largest bank, experienced a cyberattack on its US financial services division, disrupting the trading of Treasurys. The ra… Read More
Warner Bros. has announced that it will not release the completed film "Coyote vs. Acme," which features Looney Tunes character and stars John Cena. The studio spent $70 million on the movie… Read More
Gabon has announced that the African Development Bank (AfDB) has lifted financial sanctions imposed on the country after President Ali Bongo was removed from power in a coup in August. The d… Read More
Investors are increasingly concerned with environmental, social, and governance (ESG) factors when deciding where to invest their money. ESG reporting, which covers a company's environmental… Read More
The news article titled "Balanced News: The 20 Biggest Comedy Turkeys" discusses 20 movies that are considered to be colossal embarrassments and failures. The author defines a comedy turkey… Read More
AppHarvest, a high-tech greenhouse startup in Kentucky, promised to provide green jobs and revitalization to economically distressed areas. However, the company's reality was far from the pr… Read More
A US congressional report has called for sanctions against Hong Kong judges and expanded efforts to protect emigrants' pension funds, in response to China's tightening grip on the city. The… Read More
People in Argentina have become resigned to the constant price hikes and inflation that have plagued the country. The economy has experienced permanent price increases, with inflation reachi… Read More
The leaders of the US and China discussed the issue of Taiwan during their recent summit, with President Biden reiterating the US's commitment to a One China policy and Taiwan's sovereignty… Read More
The board of OpenAI, the AI startup behind ChatGPT, removed CEO Sam Altman, leading to backlash from investors, partners, and employees. Reports suggest that the board is now considering bri… Read More