Equity markets across Asia are poised to follow a significant surge in US benchmarks, primarily driven by the tech sector, with investors eagerly awaiting pivotal inflation figures slated for release later on Wednesday to discern the Federal Reserve’s forthcoming actions. Asian Futures Signal Upward Momentum Futures for stocks in Japan and Australia indicate upward momentum, […]

Bank regulatory authorities are gearing up for another attempt to enforce regulations compelling banks to claw back remuneration from executives involved in excessive risk-taking. Despite facing resistance in the past, the Federal Deposit Insurance Corp. (FDIC) is poised to unveil a revamped proposal as early as next week. Tougher Oversight on the Horizon The FDIC’s […]

Tesla’s stock is back to being boringly expensive. There was nothing in the electric-vehicle maker’s first-quarter volume data to move the needle on investors’ typically entrenched views. Tesla said on Sunday it produced just shy of 441,000 vehicles and shipped almost 423,000. The latter number was 4% more than the previous quarter and 36% more […]

This week the exchange paused customer withdrawals in its international unit; “If the exchanges are not trustworthy, the entire premise of cryptocurrency does not work.” Stephen Gibbs decided it was time to withdraw his money from the cryptocurrency exchange this week when he learned of the problems at FTX. Gibbs, a musician from Thailand, said […]

First American News LLC-Raleigh, NC: All three major stock indexes fell at least 1% after the White House called Russia’s deployment of troops into two breakaway areas of Ukraine “the beginning of an invasion.” Tensions escalated Monday after Russia moved soldiers into Ukraine’s eastern Donbas region, where Russian President Vladimir Putin has recognized two statelets […]