CHINA’S yuan edged lower against the dollar on Friday but is on track to post its biggest weekly gain in two years, buoyed by expectations of a slower pace in U.S. rate hikes and China’s gradual exit from its zero-Covid-19 policy.
Traders expect the yuan’s recovery to be slow next...
SINGAPORE Treasury bills (T-bills) have received explosive investor interest lately, with individual investors making more than 92,000 bids – some for over S$1 million – in the Nov 10 auction.
SINGAPORE Treasury bills (T-bills) have received explosive investor interest lately, with individual investors making more than 92,000 bids – some for over S$1 million – in the Nov 10 auction.
THE Australian Securities Exchange will cut up to 200 contractors working on a project to replace its main trading platform with so-called blockchain technology after cancelling the overhaul, the company told Reuters.
US AUTHORITIES are asking crypto investors and trading firms that worked closely with FTX to hand over information on the company and its key figures, including founder Sam Bankman-Fried and the former head of his Alameda Research investment arm, Caroline Ellison.
SINGAPORE is cementing its status as a regional hotspot for hedge funds, with the number of firms expanding from Hong Kong to the city state tripling in the past three years.
At least 16 firms already operating in Hong Kong added a Singapore office between the start of 2019 and...
CITIGROUP is negotiating the return of about US$500 million it mistakenly paid a group of hedge funds and investment firms on a loan owed by Revlon, the now-bankrupt cosmetics company controlled by billionaire Ronald Perelman.
INTERNATlONAL Monetary Fund Managing Director Kristalina Georgieva said on Thursday that she will travel to Beijing next week with heads of other international institutions to press for quicker action on debt relief for poor and developing countries.
BY DAY, Nicholas Truglia led a lonely life from his luxury Manhattan apartment, playing video games and working out.
THE US Justice Department’s bankruptcy watchdog is calling for an independent probe into the collapse of FTX Group, saying a neutral party should investigate the cryptocurrency empire’s downfall.










