China’s exports and imports beat estimates for first 2 months, signaling improving demand

HONG KONG — China’s exports and imports for the first two months of the year beat estimates, an indication that demand may be improving as Beijing attempts to speed up its economic recovery. Exports in January-February grew 7.1% from a year earlier, according to customs data released Thursday, up from a 2.3% rise in December. … Read more

$75 Billion Lost to Pig-Butchering Scam, New Study Estimates

Pig-butchering scammers have likely stolen more than $75 billion from victims around the world, far more than previously estimated, according to a new study. John Griffin, a finance professor at the University of Texas at Austin, and graduate student Kevin Mei gathered crypto addresses from more than 4,000 victims of the fraud, which has exploded … Read more

HSBC pre-tax annual profit jumps 78%, misses market estimates

Customers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on Saturday, Feb 16, 2019. Anthony Kwan | Bloomberg | Getty Images HSBC reported on Wednesday its full year 2023 pre-tax profit climbed about 78% to $30.3 billion from a year ago, missing median estimates of … Read more

China misses fourth-quarter GDP estimates, resumes posting youth unemployment data

Construction at China Vanke Co.’s Isle Maison development in Hefei, China, on Monday, Nov. 27, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China missed fourth-quarter GDP estimates on Wednesday, while it resumed reporting the unemployment rate for young people. The National Bureau of Statistics said that excluding people still in school, the unemployment … Read more

Gem Expert Estimates Taylor Swift’s New Ring Costs Over $175K

Taylor Swift was seen showing off her new ring, which fans are convinced is from her boyfriend, Travis Kelce. After examining photos of the new ring, which Swift wore on the middle finger of her right hand during her birthday bash, fans noticed that it featured an oversized white opal stone in the center with … Read more

Oil major BP misses estimates for third quarter as profits plummet

The BP logo is displayed outside a petrol station near Warmister, on August 15, 2022 in Wiltshire, England. Matt Cardy | Getty Images News | Getty Images LONDON — Oil major BP on Tuesday reported a steep year-on-year fall in profits, missing analyst estimates. The British energy giant logged underlying replacement cost profit, used as a … Read more

Spain’s report on Catholic Church sex abuse estimates victims could number in hundreds of thousands

MADRID — Spain’s first official probe of sex abuse by clergy members or other people connected to the Catholic Church in the country included a survey that indicated that the number of victims could run into hundreds of thousands. The survey was part of a damning report by the office of Spain’s ombudsman, or “defensor … Read more