India’s CoinSwitch cooperating with financial crime agency probe -CEO

Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register NEW DELHI, Aug 27 (Reuters) – India’s top crypto app CoinSwitch is cooperating with the national financial-crime agency, whose agents searched its offices this week to find out about its business model … Read more

Japan’s yen bears brunt of market rethink on Fed

Japanese yen and US dollar banknotes are seen in this illustration picture taken June 15, 2022. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug 12 (Reuters) – The Japanese yen fell the most against a resurgent US dollar on Friday, as a two-day rally in equities conceded to market expectations … Read more

FOREX Dollar slides as investors turn attention to US jobs data

NEW YORK, Aug 4 (Reuters) – The dollar weakened against most major currencies on Thursday as support from the Federal Reserve’s hawkish messaging subsided and investors turned their attention to a hotly anticipated US jobs report. The dollar extended losses following US data that showed the number of Americans filing new claims for unemployment benefits … Read more

FOREX Dollar slips as before US jobs data as markets digest Fed Hawkishness

Pound and US dollar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 4 (Reuters) – The dollar eased against most major currencies on Thursday as support from the Federal Reserve’s hawkish messaging subsided a day before hotly anticipated … Read more

Factbox: The crypto crash hit these companies the hardest

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register July 28 (Reuters) – Cryptocurrencies have been hard hit by fears interest rate hikes will end the era of cheap … Read more

Flow Traders’ ‘black-box’ business weighs on results, shares

Launches new share buyback program of up to 25 million euros Expect fixed operating expenses to grow by about 25% this year Guidance reflects some higher base salaries, strong US dollar Adjusts profit-sharing percentage to 32.5% of operating result July 22 (Reuters) – Shares in Flow Traders (FLOW.AS) tumbled on Friday after the Dutch trading … Read more

Analysis: ‘Big Bang 2.0’ up in smoke as Britain’s finance law reforms underwhelm industry

Law empowers regulators to design divergent rules in future Some key changes echo moves already taken by European Union Crisis-era bank taxes, capital demands left unchanged LONDON, July 20 (Reuters) – Britain’s reform of post -Brexit financial services is more about catching up with rivals than unleashing a ‘Big Bang 2.0’ as it sidesteps calls … Read more

Britain kicks off post-Brexit ‘transformation’ of finance

LONDON, July 19 (Reuters) – Regulators will have to promote the global competitiveness of Britain’s financial sector or could face mandatory reviews of their rules, UK finance minister Nadhim Zahawi said on Tuesday. He confirmed that a long-awaited financial services and markets bill will be introduced before parliament on Wednesday to “capitalize on the benefits … Read more

El Salvador finance minister says possible IMF deal no panacea

El Salvador’s Finance Minister Alejandro Zelaya speaks during a news conference in San Salvador, El Salvador March 18, 2022. REUTERS/Jose Cabezas Register now for FREE unlimited access to Reuters.com Register SAN SALVADOR, July 14 (Reuters)-Salvadoran Finance Minister Alejandro Zelaya minimized on Thursday the potential positive impact of a long-delayed deal with the International Monetary Fund, … Read more