Column: Crypto regulators may see 10% household exposure as high watermark – Reuters Whatever the broader financial or economic stability risks of volatile crypto tokens, government watchdogs may reasonably balk at 10% household exposure to loosely-regulated speculative punts that double or halve in value every 6 months.
Breakingviews – Pru extends Hong Kong adventure with CEO pick – Reuters UK-founded insurer Prudential (PRU.L) has made another move towards its Asia-focused future by nominating <a href="https://www.prudentialplc.com/en/news-and-insights/all-news/news-releases/…
Scotiabank, BMO report higher loan growth while ramping up stress-test scenarios – Yahoo Canada Finance Scotiabank, BMO report higher loan growth while ramping up stress-test scenarios Yahoo Canada Finance Scotiabank profit tops forecast; CEO says economic backdrop ‘remains positive’ The Globe and Mail BMO boosting dividend as Q2 …
Stock market news live updates: Stocks extend losses after Snap outlook spurs sell-off in tech shares – Yahoo Canada Finance Stock market news live updates: Stocks extend losses after Snap outlook spurs sell-off in tech shares Yahoo Canada Finance Snap earnings warning ripples across tech stocks Yahoo Finance Social media stocks sink to erase US$135 bi…
Iraq currency reserves expected to exceed $90 bln by year-end, finance minister – Reuters Iraq’s currency reserves are expected to exceed $90 billion by the end of the year, from $70 billion in April, bolstered by higher oil prices, the state news agency INA cited Finance Minister Ali Allawi as saying on Wednesday.
Spain to spend 12.25 bln euros on microchip industry – Reuters Spain’s government has approved a plan to spend 12.25 billion euros ($13.12 billion) on the semiconductor and micro chip industry by 2027, Economy Minister Nadia Calvino said on Tuesday, including 9.3 euros to fund the building of plants.
Social media stocks set to erase US$100B on snap warning – BNN Social media stocks set to erase US$100B on snap warning BNN Snap decline sends chill down the spine of tech stock IG UK Futures fall after Snapchat owner’s profit warning Financial Post The Daily Chase: Markets rattle…
Breakingviews – UK’s power tax plan may avoid tilting at windmills – Reuters.com In “Don Quixote”, the eponymous hero charges at imaginary enemies that are actually windmills. Rishi Sunak’s attempted raid on the UK electricity sector’s apparent 1…
Breakingviews – Didi stock becomes an option on China tech – Reuters.com Brave investors might salvage value from Didi Global’s wreckage. Shareholders voted to delist C…
DOJ files suit against casino mogul Steve Wynn seeking order that he register as foreign agent of China The Justice Department has filed a civil lawsuit seeking a court order requiring that casino mogul Steve Wynn register under the Foreign Agents Registration Act.
