U.S. stocks have rebounded in recent days, after notching their worst week in more than a year.
First-quarter results at regional banks show the uneven toll of higher interest rates.
U.S. crude oil stocks fell by 6.4 million barrels last week, in the first withdrawal in five weeks while refineries increased their capacity use
U.S. and German two-year government bond auctions on Tuesday received strong demand, even as investors’ motivation to bid diverged as U.S. and eurozone interest-rate cut expectations are moving apart.
China’s securities regulator gave self-driving startup Pony.ai the nod to list in the U.S., in a sign that Beijing’s grip on companies seeking to raise capital overseas may be easing.
Proposed regulatory changes are welcome news for the city’s stock market, but they probably aren’t enough.
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