Tag: Financial services
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...
Warren Buffett buys rest of Berkshire Hathaway's utilities, but investors must guess at the price
OMAHA, Neb. -- Warren Buffett's Berkshire Hathaway is buying the rest of its utility unit from the estate of a longtime board member...
Japan's central bank survey underpins optimism about growth
TOKYO -- Business sentiment among Japan’s large manufacturers stood unchanged in the latest quarter from the previous quarter, according to a closely watched...