Stock Markets Mixed As Investors Digest Corporate Results
While US stocks closed up, the picture in Europe was less positive: London, Paris and Frankfurt all ended lower as investors locked in profits from recent gains.
Calls for Stricter Regulations on Biofuels Imports Intensify Amid Palm Oil Fraud Concerns
Around 80 per cent of waste palm oil used in the production of biofuels for vehicles is suspected to be falsely labelled.
Here are the Top Five Crypto Exchanges in the Market Today
There's no denying that the digital asset sector has witnessed a substantial uptrend over the course of 2023.
Bank of England's Financial Stability Report Highlights Resilience Amid Rising Interest Rates
The Bank of England recently released its Financial Stability Report, spotlighting the resilience of UK households and businesses in the face of escalating interest rates.
Bullish Exchange Led by Tom Farley Acquires CoinDesk Amid Crypto Market Surge
The acquisition, executed as an all-cash transaction for 100 per cent ownership of CoinDesk, was sealed with the financial terms kept confidential.
Investors Wary After FTX Debacle as People Lose Trust in Companies Managing Their Money
To prevent financial scandals and bolster investor confidence, regulators must continuously update and refine regulations to match evolving financial markets.
The ten challenges impacting the financial services industry
To ensure it survives and prospers, the financial industry needs to overcome ten challenges, and it is vital that they do.
Global stock markets slip as European banks hit
Global stocks fell Tuesday after weak trade data added to growth worries, while an Italian windfall tax on lenders saw European bank shares plummet.
UK travellers to be offered travel insurance against extreme heatwaves
July proved to be the hottest month in decades across the globe.
Beauty brand Lush unveils new Green Hub but business comes first
Since its early days, Lush has pledged its commitment to reducing its environmental impact and ethically sourcing ingredients.
WHO releases new guidelines advising against use of non-sugar sweeteners
Some studies have shown that non-sugar sweeteners may actually lead to weight gain.
Study reveals Axie Infinity and Gods Unchained among top games to earn cryptocurrencies
A new study from Cryptogambling.tv has revealed the most searched online crypto games on Google in the past 12 months, with a spokesperson providing analysis.
Crypto giant Binance hit with US charges for breaking trade rules
The charge sheet accuses Binance of failing to uphold standards that are required of a company operating as a derivatives market and dealing with major US trading companies.
UK says financial reforms will be within same 'orbit' as EU, US
Britain's revamped financial market rules will largely be aligned with U.S.
EU restarts work on EU-UK regulatory forum after Northern Ireland deal
The European Union's executive body said on Wednesday it will finalise a long-delayed discussion forum for EU and UK financial regulators, once the deal on Northern Ireland has been implemented by Britain.
Interest rate rose but so did the demand for steel as the British pound fell against the dollar
S&P 500 sheds 2%, FTSE 100 is expected to open lower, while the UK has seen the British pound fall against the dollar as the government negotiates with the striking public sector.
Energy market faces uncertain period ahead, with oil prices up in the air
Insight and analysis into the energy market from BDSwiss CEO MENA demonstrates the undetermined nature currently facing one of the world's leading markets.
G20 watchdog says commodity market concentration poses threat to wider economy
The pandemic and war in Ukraine highlighted weaknesses in commodity markets where a 'significant' concentration of firms, banks, exchanges and clearing houses threatens to transmit losses to the wider economy, the G20's financial watchdog said on Monday.
Bankrupt crypto lender genesis optimistic it can resolve creditor disputes
A lawyer for the bankrupt Genesis Global Capital said on Monday that the cryptocurrency lender had some confidence it could resolve its disputes with creditors this week, with a goal of emerging from Chapter 11 by late May.
Australian stock exchange's blockchain failure burns market trust
In a Sydney hotel conference room in May, Tim Hogben, the head of securities and payments for ASX Ltd, which runs the Australian stock exchange, told traders, share registry operators and clearing house representatives what they were hoping to hear.
BoE to test 'shadow banking' after markets chaos
The Bank of England will test so-called shadow banking institutions such as pension funds, that played a key role in recent UK bond market chaos, it said Tuesday.
EU starts crackdown on commodity firms using derivatives markets
The European Union flagged tougher requirements on Wednesday for commodity companies using derivatives markets after failing to meet higher collateral calls when gas prices rocketed due to Russia's invasion of Ukraine.
From Apollo to DZ Bank, funds snap up bargains in UK pension scramble
Credit funds at Blackstone, Apollo, DZ Bank and Astra Asset Management picked up bargains from UK pension funds during their scramble for cash, and some say pension schemes are still offloading assets as pressures persist.
UK bond turmoil leaves smaller pension schemes with longer-term costs
The recent crisis in Britain's government bond market means smaller UK pension schemes may fork out more money for a bespoke liability-driven investment (LDI) strategy in future to ensure better protection, industry sources say.
More transparency in 'non banks' a first step after gilts turmoil, says Bank of England
Improving transparency of 'non-banks' such as pension funds is a first step in applying lessons from turmoil in Britain's government bond market, Bank of England executive director Sarah Breeden said on Monday.
Cryptoverse: Bitcoin wants to break its bond with stocks
After months of tears and tantrums, bitcoin wants to split up with stock markets.
Global FX trading hits record $7.5 trln a day - BIS survey
Currency trading has hit a record $7.5 trillion-a-day, a comprehensive new study has shown, with the dollar retaining its global dominance but some signs too that London's position as the world's top trading hub is being eroded by Brexit.
Pensions: how yours may have been affected by recent market turmoil
Sudden changes in the gilts market are rare, but when they do happen it can cause major problems for certain types of pension scheme.
EU to propose extra energy measures, avoid immediate gas-price cap
The European Commission is set to propose another set of emergency measures on Tuesday to tackle high energy prices, but draft proposals suggest they will not include an immediate cap on gas prices as EU countries remain split over the idea.
Britain warns of tighter rules for crisis-hit LDI funds
Britain's financial regulators will work together to tighten rules for pension funds which use derivatives to insure themselves against big moves in bond markets, drawing on lessons from past crises, the Bank of England said on Wednesday.