Warning shots fired according to police source as more than a quarter of MTR stations closed, along with thousands of shops and malls, as protests and disruption spread.
Boris Johnson is asking the European Union to rule out a further extension to Article 50 as part of a new Brexit deal, The Times has learnt.
- Johnson’s Plan for EU Divorce Deal Hits Trouble – Bloomberg
- Johnson to Reveal His Final Brexit Plan to EU Leaders Within 24 Hours – Daily Telegraph
Concerns over pressures in the repo market have eased as borrowing rates remained subdued through a quarterly pinch point following a series of interventions by the Federal Reserve Bank of New York.
China warned of instability in international markets from any “decoupling” of China and the United States, after sources said the Trump administration was considering delisting Chinese companies from US stock exchanges.
- Beijing Takes Stakes in Private Firms to Keep Them Afloat – Wall Street Journal
- The Taiwan Dollar is a Surprise Winner from the Trade War – Bloomberg
Euro-area inflation unexpectedly slowed last month, handing another argument to those in favour of the European Central Bank’s recent monetary stimulus package.
The U.S. dollar’s share of currency reserves reported to the International Monetary Fund fell in the second quarter to its lowest level since the end of 2013, while the yen’s share of reserves grew to the largest in nearly two decades, data released on Monday showed.
The dollar bulldozed almost everything in its path on its way to a 29-month high on Tuesday, as a blizzard of soft global data left the US economy as the only one still looking in reasonable health.
The Reserve Bank of Australia has cut the official interest rate by a quarter-percentage point to a record low 0.75 per cent.
The central bank is independent, but its future leadership rests on the most political of questions: Who is in government?
As of September, China has recognised a total of 30 foreign exchange settlement agent banks under the Bond Connect scheme, a boost for onshore Chinese bonds as it streamlines the trading process for foreign investors.
Is the FX industry reaching a tipping point when it comes to the implementation of new technology and infrastructure for prime brokerage? Will the implementation of central clearing lead to a bifurcation in pricing between products sent to different clearing houses? These questions and more are all on the agenda for this week’s podcast.
Inflation in Indonesia and Thailand weakened in September, providing policy makers in Southeast Asia’s two biggest economies with ample room to keep lowering interest rates to spur growth.
The US Commodity Futures Trading Commission (CFTC) has charged a man in Pennsylvania accused of running a $7 million bitcoin fraud scheme.
Concerns over pressures in the repo market eased on Monday, as borrowing rates remained subdued through a quarterly pinch point following a series of interventions by the Federal Reserve Bank of New York.
Wells Fargo urged a California state judge to end claims it illegally recorded a foreign exchange trader’s call concerning the $12.5 billion merger of Burger King and Tim Hortons.
The UK regulator has fired the starting gun on a shake-up of investment fund liquidity rules following a number of high-profile fund suspensions — a move that could have far-reaching consequences for the future of daily traded investment funds.
The blockchain industry will bring in tens of billions of dollars annually in revenue by 2024, predicts a new report by Global Market Insights. In 2017, this number stood at around $200M. This means that an impressive 75% compound annual growth rate (CAGR) will be needed to reach $16B by 2024. This would effectively make the industry the fastest-growing in the entire tech world.
A startup behind one of the largest initial coin offerings of the past several years will pay $24 million to resolve a US regulator’s allegations that its deal violated federal investor-protection laws.
What’s the world’s most widely used cryptocurrency? If you think it’s Bitcoin, which accounts for about 70% of all the digital-asset world’s market value, you’re probably wrong.
Bitcoin (BTC) is again flashing red, having hit a 3.5-month low earlier today and is on track to post the first quarterly loss of 2019.
Crypto industry leaders are taking the initiative to help firms in the space avoid running afoul of securities rules.
- Coinbase, Kraken and Others Develop a System to Rate Cryptocurrencies on Likelihood They are Securities – The Block
September has been a rough month for bitcoin and the wider cryptocurrency market, but ether has weathered the storm better than most.
HSBC has restructured its markets division in an effort to improve returns and reflect that it views China and emerging markets as the main engines of its future growth.
PayPal has become the first foreign company to acquire a payments licence in China, after buying a majority stake in a Chinese payments group.
SmartStream Technologies has incorporated artificial intelligence (AI) technology into its existing managed service offering, which covers reconciliations, corporate actions, cash management and reference data.
RBC Capital Markets has hired Charles Atkinson, who will be joining as head of its Institutional Client Management (ICM) group in EMEA.
Most Latin American currencies edged lower as the dollar found favor amid uncertainty arising from the U.S.-China trade war and as the euro fell following weak growth data from Germany.
Negative interest rates have quite literally broken one of the pillars of modern finance.
The Brazilian real will be the strongest emerging-market currency performer in the event of a US-China trade deal, while the Thai baht and Israeli shekel are among those that will be the least responsive, a Bloomberg analysis shows.
Japan has much to celebrate, in rugby and trade, but challenges remain: its cars are still exposed to US tariffs, exports are plummeting and interest rates are due to stay flat, driving banks to greater risks in search of profit
After lowering US interest rates twice this year, the Federal Reserve has reset monetary policy to where it can deliver on its 2% inflation goal despite risks to the economic outlook, Chicago Federal Reserve Bank President Charles Evans said on Tuesday.