Exclusive: China to fine Ant Group over $1 billion, signaling renewal nearing end sources
HONG KONG, Nov 22 (Reuters) – Chinese authorities are poised to fine Jack Ma’s Ant Group more than $1 billion, six sources with direct knowledge of...
Tagged: ANLINS
Analysis: US banks pounce on fintech deals as valuations plunge
NEW YORK, Nov 17 (Reuters) – Financial technology companies, long seen as a threat by the likes of JPMorgan Chase & Co ( JPM.N ), are...
EXCLUSIVE At least $1 billion of client funds missing from failed crypto firm FTX – sources
FTX founder Bankman-Fried secretly moved $10 billion in funds to trading company Alameda – sources Bankman-Fried showed spreadsheets to colleagues that revealed the change in funding...
Analysis: FTX debacle prompts investors to rethink the battered crypto market
NEW YORK/LONDON, Nov 10 (Reuters) – With major cryptocurrency exchange FTX on the brink of collapse, some investors are beginning to question the viability of a...
Consumer Inflation, Crypto Deflation | Reuters
A look at the day ahead in US and global markets from Mike Dolan. Wall St was jittery after this week’s inconclusive US midterm elections, but...
CPI catches the eye, crypto crumbles
Nov 10 (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. All eyes are on the latest US inflation numbers, but...
Morning message: Congress unwashed, crypto a mess
A look at the day ahead in US and global markets from Mike Dolan. Current market predictions of a Republican clean sweep of the US Congress...
Morning news: Midterms wake and new cryptowobble
A look at the day ahead in US and global markets from Mike Dolan. Tuesday’s mid-term elections in the United States kept world markets in suspense,...
Cryptoverse: Bitcoin wants to break the bond with stocks
Nov 1 (Reuters) – After months of tears and tantrums, bitcoin wants to split with the stock markets. The cryptocurrency, which has been closely correlated with...
Cryptoverse: British Pound Fiasco Boosts Bitcoin’s Hedging Appeal
Oct 25 (Reuters) – As a developed nation, you know your currency is in trouble when investors start hedging on bitcoin. After Britain’s short-lived Prime Minister...