That move resulted in two funds turning in the best risk-adjusted performance among U.S. emerging-market bond funds over the past three years.
Jiang Wei, the chairman of Guizhou Bailing Group Pharmaceutical Co., has become a billionaire after the Anshun, China-based drugmaker surged 81 percent since June.
San Francisco’s private bus drivers are at the center of a swelling debate about income inequality and the role of technology’s nouveau rich in turning the city into a place that’s becoming...
Pimco’s Mohamed El-Erian clashed with co-founder Bill Gross before announcing last month that he’s leaving the firm, the Wall Street Journal reported.
JPMorgan Chase & Co., the biggest U.S. bank, said it would eliminate about 8,000 jobs in the consumer and mortgage banking units this year as demand for refinancings declines.
A new technology aimed at eliminating genetic disease in newborns would combine the DNA of three people, instead of just two, to create a child, potentially redrawing ethical lines for designer...
Sales of annuities jumped 17 percent in the fourth quarter as higher bond yields buoyed insurers that offer the savings products.
Co-founders Henry Kravis and George Roberts received more than $161 million each last year, an increase of more than 17 percent from 2012, as the firm took advantage of rising equity markets to sell...
Former Evercore Group LLC investment banker Frank Perkins Hixon Jr...
Macau’s gambling riches sparked bloody gun fights between triad gangsters two decades ago...