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YIELDS on super-long Japanese government bonds (JGBs) fell on Wednesday (Dec 14), tracking US Treasury yields lower, as lower than expected inflation data raised optimism for a slower pace of the Federal Reserve’s interest rate hikes.

DEPOSITS are returning and “things seem to have stabilised” at Binance, its chief executive said on Wednesday (DEc 14), a day after it had a sharp increase in withdrawals and paused some stablecoin transactions.

HSBC will no longer provide new lending or capital markets finance for new oil and gas fields, the British bank said on Wednesday (Dec 14), as part of a wider update to its energy policy.

ABU Dhabi funds, led by the Abu Dhabi Developmental Holding Company (ADQ), are in talks to buy a stake worth about US$855 million in Phoenix Group, an Israeli financial services firm.

THE Monetary Authority of Singapore (MAS) on Wednesday (Dec 14) issued an eight-year prohibition order against Selvarajulu S/O Subramaniam, a former insurance agent with Great Eastern Life Assurance.

THE Monetary Authority of Singapore (MAS) on Wednesday (Dec 14) issued an eight-year prohibition order against Selvarajulu Subramaniam, a former insurance agent with Great Eastern Life Assurance.

SAM Bankman-Fried, the second biggest Democratic donor in the 2022 election cycle, is charged with violating campaign finance laws, in what could be the biggest infusion of illegal corporate money into US politics in decades. The FTX founder and two other top executives at the bankrupt crypto empire have lavished...

TWO of the three largest new share sales in Japan this year are set to debut in Tokyo on Wednesday after both companies successfully priced shares at the top of the marketed range.

AUSTRALIA’S central bank wants mobile wallet providers to offer least cost routing options for merchants by the end of 2024, under new regulatory powers set to be granted by the government. In a speech on the payments system, Reserve Bank of Australia (RBA) Governor Philip Lowe said merchants should have...

DISGRACED cryptocurrency tycoon Sam Bankman-Fried indicated on Tuesday that he could fight extradition from the Bahamas after the US Justice Department obtained his arrest on fraud charges lodged in New York. Bankman-Fried told a court in Nassau after his arrest on a US request that he would not waive his...