A US crackdown on a Binance-branded stablecoin has sparked US$900 million in redemptions of the token in a little over two days, the latest shake-up in a tumultuous period for the cryptocurrency sector.
A flurry of volatility in the final three months of the year wasn’t enough for Barclays’ traders, who missed estimates in both fixed income and equities to send the bank’s shares sharply down.
BARCLAYS has docked the pay of some top executives by a combined £1 million (S$1.6 million) in 2022, following regulatory misteps and a costly overissuance of billions of US dollars worth of investment products in the United States.
INDIA is leading a charge among Asia’s emerging-market (EM) central banks in rebuilding foreign-exchange stockpiles, which would help them defend their currencies if the dollar rebounds.
INDIA is leading a charge among Asia’s emerging-market (EM) central banks in rebuilding foreign-exchange stockpiles, which would help them defend their currencies if the dollar rebounds.
JAPANESE prime minister Fumio Kishida said on Wednesday Bank of Japan (BOJ) governor nominee Kazuo Ueda is the best fit to lead the central bank as he is a well known economist globally and has high expertise in financial field.
COMMONWEALTH Bank of Australia shares declined after the nation’s largest lender set aside more capital due to higher price pressures on consumers and falling home prices.
COMMONWEALTH Bank of Australia shares plunged after the nation’s largest lender set aside more capital due to higher price pressures on consumers and falling home prices.
