Tag: Financial services

Stock market today: Asian shares gain after China says more help is needed for its slowing economy

BANGKOK -- Asian shares gained ground on Monday, with stocks in China rising more than 1% after the finance minister said over the...

JPMorgan net income falls as bank sets aside more money to cover potential bad loans

NEW YORK -- JPMorgan on Friday reported that its net income fell 2% in the third quarter as the bank had to set...

South Korea's central bank raises rates in a bid to boost the economy

SEOUL, South Korea -- South Korea’s central bank on Friday cut its policy rate for the first time in more than four years...

China announces more support for economy but holds back on major spending package

HONG KONG -- China’s economic planning agency outlined details of measures aimed at boosting the economy on Tuesday but refrained from major spending...

Home insurers argue for a 42% average rate hike in North Carolina

RALEIGH, N.C. -- With many western North Carolina residents still lacking power and running water from Hurricane Helene, a hearing began Monday on...

Quality ratings hit to key Medicare plan shakes Humana stock

Shares of Humana tumbled early Wednesday after the health insurer said a Medicare Advantage quality rating drop will hurt future bonus payments the...