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Following recent Fed rate hikes, JP Morgan, KeyCorp and BNY Mellon raised the U.S. prime rate to 7.00% from 6.75%, effective Thursday. The prime rate typically tracks the federal funds rate and is a reference for credit cards, personal and business l

2026-09-17

Following recent Fed rate hikes, JP Morgan, KeyCorp and BNY Mellon raised the U.S. prime rate to 7.00% from 6.75%, effective Thursday. The prime rate typically tracks the federal funds rate and is a reference for credit cards, personal and business loans, implying higher borrowing costs for consumers and companies.

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2026-09-16

Hong Kong-listed pharmaceutical outsourcing stocks collectively rose, with Asymchem (06821.HK) up over 4%, Kanglong Chemical (03759.HK) up over 3%, and Tigermed (03347.HK) and WuXi AppTec (02359.HK) following suit.

Hong Kong-listed pharmaceutical outsourcing stocks collectively rose, with Asymchem (06821.HK) up over 4%, Kanglong Chemical (03759.HK) up over 3%, and Tigermed (03347.HK) and WuXi AppTec (02359.HK) following suit.
2026-09-17

Brazil's central bank said the overall size of its recalibration cycle will be set based on incoming information to ensure inflation converges to the target.

Brazil's central bank said the overall size of its recalibration cycle will be set based on incoming information to ensure inflation converges to the target.
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