Bloomberg Hong Kong police blocked a local website and cited National Security Law for the first time in doing so. The National Security Department of the Hong Kong Police Force has blocked hkchronicles.com, without specifying which content violated the law. The website often features pro-democracy articles. Ming Pao reported Hong Kong police declined to comment on individual cases, but the ...

Bloomberg Goldman Sachs Group Inc.’s commodities traders doubled their revenue haul in 2020 — another sign that Wall Street desks managed to print profits into the year’s finale, even as market mayhem subsided. Goldman’s business generated more than $2 billion in revenue for its best annual showing in about a decade, according to people with knowledge of the matter. That ...

Bloomberg Credit Suisse Group expects to post a fourth-quarter loss after setting aside $850 million for legal cases in US as CEO Thomas Gottstein seeks to tackle legacy issues and start the year with a clean slate. The amount is more than twice what the bank signaled last month when it flagged that a dispute with bond insurer MBIA Inc. ...