Keyword "FNMKT" - List of latest news (576 results)

15/04 US SEC leaders push back as Musk's DOGE seeks broad access, source says

Elon Musk's Department of Government Efficiency is seeking access to U.S. Securities and Exchange Commission data, including email communications, according to a source familiar with the matter.

11/04 Exclusive: Chinese exchanges restrict daily stock sales as trade war with US escalates, sources say

Chinese bourses have set daily restrictions on net share sales by hedge funds and large retail investors, four sources said on Friday, as Beijing steps up support for its stock markets in an intensifying trade war with the United States.

11/04 Well-timed options trades ahead of Trump's tariff pause draw questions

In the minutes before President Donald Trump's social media post on Wednesday pausing tariffs sent the U.S. stock market rallying, some unidentified options traders placed bets worth millions of dollars that the market would rebound, data shows.

09/04 Explainer: What is PISCES and can it herald a UK capital markets revolution?

Britain's Financial Conduct Authority (FCA) has set out proposals for a new platform - The Private Intermittent Securities and Capital Exchange System (PISCES) - to enable trading of shares in private companies.

09/04 Banks to battle exchanges for fees on Britain's new private share trading platform

Britain's hopes of an equity capital market revival are weighing heavily on a secondary share trading platform that is sowing discord in the finance sector months before its launch.

08/04 Breakingviews - Texas market bulls run into ferocious bear case

Everything keeps getting bigger in Texas. In a sign of anticipated corporate growth, the New York Stock Exchange and Nasdaq are galloping to Dallas to prevent a new local stock market from wrangling their customers. The city has ambitions of becoming a far more powerful commercial hub, but for now there’s less substance than swagger.

08/04 US is starting to look like an emerging market after tariff shock, Euronext CEO says

The United States is starting to resemble an emerging market more than a developed country, the head of pan-European stock exchange operator Euronext said on Tuesday as financial markets remained volatile after the imposition of sweeping U.S. tariffs.

08/04 Indonesia stock market falls 9%, rupiah drops to record low

Indonesia's stock market dropped 9% in early trade on Tuesday, triggering a 30-minute trading halt, and the rupiah fell 1.8% to a record low as markets reopened after an extended holiday break and reacted to the global market turmoil caused by U.S. tariffs.

07/04 Indian shares tumble as trade war, US recession fears fuel turmoil

Indian shares fell sharply on Monday as concerns over a trade war and growing recession fears in the U.S. continued to fuel a global stock market rout.

07/04 China stocks sink on trade war fears; Hong Kong dives 10%

Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of a widening global trade war and fears it will unleash a deep recession.

07/04 Taiwan stocks plummet, exchange to take more stabilisation steps if needed

Taiwan stocks plummeted almost 10% on Monday in their first trading since U.S. President Donald Trump announced new import tariffs last week, with the head of the island's stock exchange saying it would roll out more stabilisation policies if needed.

06/04 Taiwan announces temporary short-selling curbs after US tariffs

Taiwan's top financial regulator said on Sunday it will impose temporary curbs on short-selling of shares to help deal with potential market turmoil from U.S. President Donald Trump's new import tariffs, and will take other steps as needed.

03/04 Klarna tests the waters for a ‘normal’ IPO: podcast

Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript.

01/04 Weaker jobs signal, stronger prices highlight potential Fed dilemma

Lackluster new U.S. jobs data and a weak report on manufacturing highlight an emerging concern among Federal Reserve officials that employment could slip even as the risk of a tariff-driven round of inflation limits their ability to do anything about it.

31/03 Rocket Companies to buy Mr Cooper Group for $9.4 billion in mega US real-estate deal

Rocket Companies said on Monday it would buy home loan service provider Mr Cooper Group for $9.4 billion, boosting its mortgages business in its second big deal this month to take advantage of a rebound in U.S. housing demand.

28/03 Exclusive: US Securities and Exchange Commission beginning to onboard DOGE staff, email says

The U.S. Securities and Exchange Commission is beginning to onboard officials with billionaireElon Musk's Department of Government Efficiency, according to an email sent on Friday to department staff.

28/03 Thailand's stock exchange suspends trading after Myanmar earthquake

The Stock Exchange of Thailand suspended all trading activities for the afternoon session on Friday after a strong earthquake struck neighbouring Myanmar, the tremors of which were felt in Thailand's capital, Bangkok.

27/03 Robinhood to bring wealth management, private banking to retail investors

Robinhood is rolling out wealth management and private banking services for investors with modest portfolios, as the trading platform looks to have a bigger influence on its users' financial habits.

25/03 Exclusive: Aunt of Trafigura's Mongolia boss ran main partner firm

Trafigura's top executive in Mongolia, who has been suspended while a billion-dollar fraud scheme at the Swiss trading house is investigated, loaned over $500 million of Trafigura’s money to a firm owned by his aunt, Reuters has found.

25/03 Southeast Asian stocks feel the heat from economic, U.S. tariff worries

Foreign investors have soured on Southeast Asian markets as the rising threat of U.S. tariffs, worries over domestic growth and a surge in Chinese stocks prompt them to look elsewhere for gains.

24/03 Klarna IPO filing spurs hope of British fintech listings

Klarna's upcoming U.S. initial public offering could help unlock a pipeline of British fintech flotations after a barren period for new technology listings, investors, lawyers and an executive told Reuters.

21/03 Exclusive: JPMorgan asset management unit quits industry climate coalition

JPMorgan Chase & Co said its asset management unit has left a flagship industry climate effort, a blow to the group that had paused operations in January in an effort to halt defections amid political pressure from U.S. Republicans.

21/03 Hedge fund dominance latest risk for febrile UK debt markets

Hedge funds have crowded into debt-fuelled bets on UK government bonds, increasing the potential for instability in the gilts market, a benchmark for borrowing costs in Britain including mortgages, investors and hedge fund sources say.

10/03 US SEC to move away from requiring crypto firms to register as trading systems, chief says

The acting chief of the U.S. Securities and Exchange Commission said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some cryptocurrency firms.

08/03 COVID-19 shut us down five years ago. Here's how its economic impact continues

Five years after the World Health Organization first described the COVID-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy.

07/03 Crypto leaders to meet at Trump's summit, strategic reserve in focus

Cryptocurrency industry elite are set to meet with U.S. President Donald Trump at the White House on Friday to discuss how the government will enact Trump's vision of making the country the "crypto capital of the world."

05/03 DOGE website offers error-filled window into Musk's government overhaul

A spartanly furnished web page with columns of numbers and bar charts on a dark background is the only official window into billionaire Elon Musk's effort to slash U.S. government spending and the size of the federal workforce. However, the view it offers of the cost-cutting enterprise is often muddied by major errors.

24/01 Exclusive: U.S. whistleblower says Mastercard, Visa failed to stop payments for child sex abuse material on OnlyFans

Mastercard and Visa failed to stop their payment networks from laundering proceeds from child sexual abuse material and sex trafficking on the popular website OnlyFans, according to allegations in a previously undisclosed whistleblower complaint filed with the U.S. Treasury’s financial crimes unit.

24/01 Dividend surge signals culture shift in China's markets

New shades of capitalism are emerging in China's tuckered out stock market as companies, at Beijing's behest, buy back their shares and pay record dividends to investors lying in wait for a so-far evasive rebound.

23/01 China prods insurers to invest billions in latest move to support markets

China announced plans on Thursday to channel hundreds of billions of yuan of investment from state-owned insurers into shares as part of the government's latest efforts to support a struggling stock market.

21/01 Bitcoin, $Trump slide, waiting for crypto president Trump's promises

Bitcoin and other cryptocurrencies and even the newly minted token bearing Donald Trump's name recoiled on Tuesday, after the U.S. president's first set of policies following inauguration made no reference to this asset class.

21/01 China stocks cautiously higher after Trump delays tariffs

Chinese stocks opened higher and the yuan strengthened in a cautious start to Tuesday, as U.S. President Donald Trump's inaugural policies suggested he will negotiate rather than immediately impose hefty tariffs on trading partners.

20/01 With cocktails and Snoop Dogg, crypto industry celebrates Trump inauguration

Cryptocurrency executives swilled cocktails and danced to rap superstar Snoop Dogg on Friday night as they celebrated the approaching inauguration of President-elect Donald Trump, whose administration has promised major changes in crypto policy.

20/01 Trump's new crypto token jumps ahead of his inauguration

Donald Trump's newly minted cryptocurrency soared on Monday to top $9 billion in market value, drawing in billions in trading volume just hours ahead of the U.S. President-elect's return to the White House.

17/01 Breakingviews - Mega-merger boom threatens a shareholder bloodbath

When a chief executive unveils a big merger, the fretting begins. Concerns about a repeat of disasters like AOL-Time Warner or Bayer-Monsanto immediately spring to mind. It’s a particular concern for 2025 as steadier interest rates and laxer antitrust enforcement augur a resurgence of chunky M&A. When acquisitions reach $10 billion or more, however, the worst fears of shareholders are often confir

17/01 KKR hires Goldman for selling stake in Philippine fintech Maya, sources say

Global investment firm KKR has appointed Goldman Sachs for the sale of its significant minority stake in Philippine fintech company Maya, according to two sources with knowledge of the matter.

17/01 Breakingviews - Mega-merger boom threatens a shareholder bloodbath

When a chief executive unveils a big merger, the fretting begins. Concerns about a repeat of disasters like AOL-Time Warner or Bayer-Monsanto immediately spring to mind. It’s a particular concern for 2025 as steadier interest rates and laxer antitrust enforcement augur a resurgence of chunky M&A. When acquisitions reach $10 billion or more, however, the worst fears of shareholders are often confir

10/01 Cryptoverse: Next wave of US crypto ETFs already in the pipeline

What a difference a year makes.

09/01 Exclusive: Vitol plans to cut costs by taking aluminium from LME warehouses in Malaysia, sources say

Energy and commodities trader Vitol is attempting to reduce its storage costs with plans to remove significant amounts of aluminium from London Metal Exchange (LME) warehouses in Port Klang, Malaysia, three sources familiar with the matter said.

07/01 Global crude exports dip as trade routes reshuffle again

The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due to weak demand growth and as refinery and pipeline changes reshuffled trade routes.

06/01 Chinese bourses met with foreign institutions amid volatility

The Shanghai and Shenzhen stock exchanges recently held meetings with foreign institutions, both bourses said, assuring investors that they would continue to open up China's capital markets.

31/12 Bitcoin more than doubles in 2024 on spot ETF approval, Trump euphoria

Bitcoin more than doubled in 2024 driven by the U.S. markets regulator's approval for exchange-traded funds tied to its spot price, and optimism over easing regulatory hurdles with Donald Trump set to return to the White House.

30/12 US announces civil enforcement action against fintech app Dave and its CEO

The U.S. Justice Department and the Federal Trade Commission announced a civil enforcement action on Monday against financial technology company Dave Inc and its CEO Jason Wilk for alleged violations of federal law.

27/12 Ark's Cathie Wood calls for tax clarity as she rides 'Trump bump'

U.S. tech investor Cathie Wood is calling on Donald Trump's incoming administration to boost economic growth and policy certainty by backdating promised corporate and personal tax cuts to Jan. 1, 2025, she told Reuters.

20/12 Exclusive: US plans to blacklist company that ordered TSMC chip found in Huawei processor -- source

The Biden administration plans to blacklist a Chinese company whose TSMC-made chip was illegally incorporated into a Huawei AI processor, according to a person familiar with the matter.

19/12 Friedkin Group buys majority stake in Everton

The Friedkin Group has completed the takeover of Everton, with Farhad Moshiri's Blue Heaven Holdings selling its 94.1% majority stake to the Dan Friedkin-led group, the Premier League club said on Thursday.

18/12 Corporate America pledges donations for Trump's inauguration

Companies ranging from finance majors to Silicon Valley behemoths are pledging donations to Donald Trump's inaugural fund as business leaders rush to ensure a favorable relationship with the U.S. president-elect after his November election win.

16/12 Breakingviews - OpenAI IPO would create the next hot meme stock

Artificial intelligence models require vast amounts of data. The companies that run them, like ChatGPT creator OpenAI, require vast amounts of cash. There’s a logical solution to the $157 billion group’s perpetual fundraising quest: the mother of all meme-stock initial public offerings in 2025.

16/12 Bitcoin climbs above $105,000 on strategic reserve hopes

Bitcoin has surged more than 50% since the Nov. 5 election that saw Donald Trump elected along with many other pro-crypto candidates.

12/12 BlackRock recommends bitcoin portfolio weighting of up to 2% for interested investors

BlackRock recommends that interested investors consider allocating as much as 2% of their portfolio to bitcoin, the world's largest cryptocurrency, the giant asset manager said in a report on Thursday.

12/12 US appeals court tosses Nasdaq board diversity rules

A U.S. appeals court on Wednesday ruled that Nasdaq could not impose rules designed to increase diversity in corporate America by requiring companies listed on the exchange to have women and minority directors on their boards or explain why they do not.

10/12 China cosmetics firm Mao Geping shares rise nearly 75% in Hong Kong debut

Mao Geping shares rose almost 75% on Tuesday after the Chinese beauty company raised $270 million in a Hong Kong initial public offering.

09/12 Chinese billionaire Jack Ma sees AI future for Ant Group, in rare appearance

Alibaba co-founder Jack Ma voiced confidence in its affiliate Ant Group's future, seeing significant opportunities in artificial intelligence for the fintech giant, at a rare public appearance since China halted its planned IPO in 2020.

09/12 Exclusive: China regulators tell banks to expedite offshore company listings, sources say

Regulators in mainland China and Hong Kong have told some of the world's biggest investment banks to help speed up Chinese companies' listings in the city, said sources, in a bid to boost fundraising overseas and revitalise the world's No. 2 economy.

09/12 China Politburo policy shift spurs surge in stocks, bonds

Stocks jumped and China's government bonds rallied after the Politburo shifted its monetary policy stance to imply more easing is coming, mirroring moves made in previous crises.

05/12 Bitcoin's wild ride toward $100,000

Bitcoin broke above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president fuelled bets that his administration will create a friendly regulatory environment for cryptocurrencies.

03/12 Art Cashin, Wall Street veteran and CNBC regular, dies at age 83

Art Cashin, a renowned market pundit and the UBS director of floor operations at the New York Stock Exchange, has died at the age of 83, UBS said.

23/11 Adani Energy Solutions says no material impact from Kenya energy deal cancellation

Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock exchange rules as it was within its ordinary course of business.

21/11 Intuit's quarterly forecasts disappoint as delayed promotions weigh on growth

Intuit projected second-quarter revenue and profit below Wall Street estimates on Thursday, indicating that its AI efforts would take longer to pay off and that a planned change in TurboTax promotion timings weighed on growth.

21/11 US SEC chief Gensler to step down in January when Trump takes over

U.S. Securities and Exchange Commission Chair Gary Gensler will step down on Jan. 20 when President-elect Donald Trump's administration takes over, the agency said on Thursday, ending an ambitious tenure that saw him clash with Wall Street and the crypto industry.

21/11 ‘The Corrupt Solar Project’: Key US bribery charges against Adani and what’s next

Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for conspiring with executives of a formerly New York listed company to devise a $265 million scheme to bribe Indian officials to boost their solar energy business.

21/11 US watchdog issues final rule to supervise Big Tech payments, digital wallets

Silicon Valley tech giants and others who together process more than 13 billion financial transactions annually through digital wallets and payment apps will be subject to government supervision, the U.S. Consumer Financial Protection Bureau said.

20/11 Korea Zinc takeover battle tests Seoul's resolve on tackling 'Korea discount'

A takeover battle over Korea Zinc is adding pressure on Seoul to pass legislative reforms to ensure better protections for all investors in a country with a stock market dominated by family-run conglomerates.

20/11 Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target

Retailers are in for a mixed holiday season ahead of Black Friday and Christmas, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing prices on their mobile phones to look for the best deals.

19/11 Trafigura hunts missing $500 million in Mongolian fuel fraud, trading sources say

Swiss trading house Trafigura is trying to track down $500 million in Mongolia following a year-long probe of staff and associates over a billion-dollar fraud scheme at its local fuel supply business, according to three trading sources familiar with the case.

15/11 Lawsuit claiming Elon Musk rigged dogecoin ends

A lawsuit accusing Elon Musk of rigging dogecoin is ending.

15/11 Ant Group's quarterly profit nearly triples

China's Ant Group reported a 192.9% rise in net profit to 7.59 billion yuan ($1.05 billion) in the three months to March 31, according to Reuters calculations based on Alibaba Group Holdings' earnings released on Friday.

14/11 US criminal, civil authorities probing Polymarket, source says

Criminal and civil authorities are probing Polymarket, a source with knowledge of the matter said on Thursday, in an investigation that predates the U.S. presidential election that put the betting platform under scrutiny.

13/11 Crypto legislation likely coming under Trump, ex-SEC chief says

Congress is likely to adopt legislation governing cryptocurrencies during President-elect Donald Trump's administration, Jay Clayton, a former top Wall Street regulator and potential political appointee, said on Wednesday.

07/11 India equity clearing corporations need diverse ownership, market regulatory official says

India needs more independent equity clearing corporations with a diverse ownership as being fully owned by stock exchanges raises a conflict of interest, an official from the country's markets regulator said on Thursday.

06/11 China's markets drop as Trump presidency looms

China's yuan and stock markets fell sharply on Wednesday as the prospect of another Donald Trump presidency and Republican control of U.S. Congress risked heightened tensions over trade and technology.

04/11 Crypto firms including Robinhood, Kraken launch global stablecoin network

A consortium of financial technology and cryptocurrency companies including Robinhood , Kraken and Galaxy Digital on Monday introduced a joint stablecoin pegged to the U.S. dollar.

31/10 The US securities watchdog's mounting legal headaches

U.S. industry and other groups have sued to overturn rules adopted under Securities and Exchange Commission (SEC) Chair Gary Gensler, with knock-on implications for others on his agenda. Here's a list of rules and actions affected, according to legal filings, the SEC's agenda, and legal experts.

31/10 Legal attacks are slowing SEC rulemaking in crucial election year

Rulemaking at the U.S. Securities and Exchange Commission, which hit a record pace early in President Joe Biden's administration, has slowed significantly as the agency navigates a hostile new legal climate.

29/10 Breakingviews - Value push will mostly survive Japan election mess

A decade-long effort to boost shareholder returns in Japan can probably continue to gain momentum. That's despite a drubbing at the polls on Sunday for the scandal-hit Liberal Democratic Party which cost Prime Minister Shigeru Ishiba's coalition its parliamentary majority.

28/10 Robinhood rolls out contracts to bet on US presidential election

Robinhood said on Monday it will allow trading in U.S. presidential election event contracts, as it seeks to capitalize on growing retail demand for betting products.

22/10 US unveils new rules to block China, Russia and Iran from accessing bulk US data

The U.S. Justice Department on Monday proposed new rules to protect federal government data or Americans' bulk personal data from getting into the hands of countries like China, Iran and Russia by placing new limits on certain business transactions.

21/10 Mystery overseas account increases its Trump bids on Polymarket betting site

One of the four accounts on Polymarket that have fueled speculation over their large bets on a Trump election victory has taken even bigger wagers, increasing the collective potential payout if Trump wins from $30 million on Friday to nearly $43 million Monday morning, according to Polymarket's activity tracker.

10/09 Breakingviews - Fed’s Basel climbdown leaves foot on rules ladder

The U.S. banking industry’s worst nightmares have been allayed, but its wildest dreams remain out of reach for now. On Tuesday Michael Barr, the Federal Reserve’s top regulator, substantially softened proposed rules that would tighten capital requirements for the United States' biggest lenders. It’s a reasonable change that addresses many real pain points, but still codifies some thorny philosophi

06/09 Exclusive: India to tighten derivatives rules despite investor pushback, sources say

India's markets regulator will tighten derivative rules to increase entry barriers and make it more expensive to trade as it tries to limit retail investors speculating on risky contracts, said four sources with direct knowledge of the matter.

05/09 PayPal pushes into in-person payments with cashback rewards, Apple integration

PayPal is expanding into U.S. point-of-sale payments by integrating its debit card with Apple's mobile wallet and offering cashback rewards, as the global online payments giant seeks direct competition with tech companies and banks.

03/09 Trans Mountain oil pipeline expansion pushes rivals to cut rates, for now

Pipelines that historically carry Canadian crude to the U.S. are cutting rates and looking to ship different grades of crude oil due to rising competition from the newly expanded Trans Mountain pipeline.

30/08 Elon Musk, Tesla win dismissal of lawsuit claiming they rigged dogecoin

Elon Musk and his electric vehicle company Tesla won the dismissal of a federal lawsuit accusing them of defrauding investors by hyping the cryptocurrency dogecoin and conducting insider trading, causing billions of dollars of losses.

30/08 Nasdaq Futures to pay $22 million to settle charges over perk program, CFTC says

Nasdaq has agreed to pay $22 million to settle U.S. Commodity Futures Trading Commission (CFTC) charges that its former energy contract market failed to disclose details of perks offered to certain traders.

28/08 India's NSE applies for no-objection with markets regulator for public offer, sources say

The National Stock Exchange of India (NSE) on Tuesday restarted the process of its long-pending public offer, according to two sources with direct knowledge of the matter, which, if approved, could be one of the largest IPOs in the country.

24/08 Wall Street ends sharply higher as Powell cements September rate cut hopes

U.S. stocks rallied on Friday as dovish remarks from U.S. Federal Reserve Chair Jerome Powell solidified expectations that the central bank will cut its key policy rate in September.

19/08 Physical buyers win battle for copper market as funds retreat

Investors fleeing the copper market are likely to be sidelined for many months, leaving the field clear for physical players who expect demand in top consumer China and elsewhere to deteriorate over coming months and weigh on prices.

16/08 Payments giant Mastercard cutting global headcount by 3%

Payments processor Mastercard is reducing its global headcount by 3% as part of a reorganization it unveiled earlier this year to sharpen its focus on core businesses, a spokesperson said on Friday.

14/08 Wall Street fear gauge in record retreat after last week's massive spike

Wall Street’s most-watched gauge of investor anxiety is continuing its speedy retreat from panic levels, suggesting that investors may be returning to strategies that bank on low stock volatility despite a near-meltdown in equities early this month.

08/08 Nasdaq considers stricter delisting rules for penny stocks

Nasdaq is proposing amendments to its rules pertaining to penny stocks to put a faster, more stringent delisting process in place for non-compliant companies, according to a filing posted on the exchange operator's website on Thursday.

08/08 Investors feel the pinch of thriftier consumers on company profits

Investors in large consumer-goods companies are having to up their stock-picking game, as a post-pandemic spending splurge dries up and increasingly price-sensitive shoppers start to erode corporate pricing power.

07/08 Robinhood's Q2 revenue surges on strong trading in stocks, crypto

Robinhood reported a surge in second-quarter revenue, boosted by strong trading in equities and cryptocurrencies, sending shares up 2% after the bell.

06/08 Robinhood's second quarter to benefit from meme stock revival, crypto trading

Wall Street expects Robinhood's revenue to hit record highs in the second quarter as retail investors flock to its commission-free app to trade so-called 'meme stocks' and cryptocurrencies.

05/08 Schwab, Fidelity, other online brokerages face disruption on frenetic trading day

Online services at brokerages Charles Schwab and Fidelity Investments faced an outage on Monday, frustrating investors looking to trade on a day when many dumped anything risky from stocks to crypto on fears of a U.S. recession.

11/07 Britain fast-tracks biggest company listings shake-up in decades

Britain's markets watchdog on Thursday set out final rules for the biggest shake-up in how companies list on the London Stock Exchange in three decades as it seeks to compete harder with New York and the European Union post-Brexit.

10/07 Genstar in advanced talks to buy stake in payments processor AffiniPay, sources say

Private equity firm Genstar Capital is in advanced talks to buy a significant stake in AffiniPay in a deal that could value the payments processor at nearly $3 billion including debt, according to people familiar with the matter.

07/07 Revolut CEO to sell part of stake in $500 million share sale, Sky News reports

British fintech company Revolut's CEO Nikolay Storonsky will cash in part of his multibillion dollar stake in the company as part of a $500 million share sale, Sky News reported on Sunday.

05/07 Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit

Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying "all indications" show his delay was a mistake.

02/07 Trading app Robinhood agrees deal with Pluto Capital to tap into AI

Robinhood Markets said on Monday it had bought artificial intelligence-powered investment platform Pluto Capital, adding the trading app to a growing list of companies looking to offer AI tools to customers.

29/06 Binance must face bulk of US SEC crypto lawsuit, judge rules

A federal judge ruled late Friday that the majority of a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, the world's largest cryptocurrency exchange, can proceed.

27/06 US Supreme Court faults SEC's use of in-house judges in latest curbs on agency powers

The U.S. Supreme Court ruled on Thursday in favor of a challenge to the Securities and Exchange Commission's in-house enforcement of investor protection laws in certain proceedings, dealing a setback to the agency amid the heavy scrutiny by the justices of federal regulatory power.

26/06 US regulators could approve spot ether ETFs for launch by July 4, sources say

The U.S. Securities and Exchange Commission could approve exchange traded funds (ETFs) tied to the spot price of ether as soon as July 4, as talks between asset managers and regulators enter the final stages, industry executives and other participants told Reuters.

26/06 UK human rights group launches campaign to stop Shein's potential London IPO

UK-based human rights group Stop Uyghur Genocide has launched a legal campaign to block Shein's potential London listing over concerns about its labour practices, a law firm representing the campaign group said on Wednesday.

25/06 Shein's potential IPO to be a 'badge of shame' for LSE, Amnesty International says

Amnesty International UK said on Tuesday Shein's potential London initial public offering would be a "badge of shame" for the London Stock Exchange because of the fast-fashion firm's "questionable" labour and human rights standards.

24/06 Fast fashion retailer Shein filed for London listing in early June

Shein confidentially filed papers with Britain's markets regulator in early June for a potential London listing, two sources said, as the online fast-fashion retailer moves ahead with what could one of the largest IPOs globally this year.

24/06 Hello Kitty, parasites: inside North Korea trash balloons according to South

Among the trash that balloons carried over the border from North were articles printed with Hello Kitty characters, badly worn clothing, and soil containing traces of human faeces and parasites, South Korea said on Monday.

21/06 Zepto raises $665 million in second funding round in a year

Indian grocery startup Zepto said on Friday it has raised $665 million in an investment round, in less than a year of its last fundraising, underscoring the high demand for services that deliver essentials within minutes.

20/06 US urges Britain to pick a date for stock market shake up

Britain should set a date for halving the time it takes to settle a stock trade - and stick with it, U.S. Securities and Exchange Commission Chair Gary Gensler said on Thursday.

20/06 Bitcoin ETF launches on Australia's main stock exchange

A bitcoin exchange-traded fund (ETF) launched on Australia's main stock market for the first time on Thursday as fund managers debut products to satisfy investors returning to cryptocurrency markets following a boom in prices.

19/06 Apple turns to third parties for 'buy now, pay later' after sunsetting product

Although Apple is discontinuing its buy now, pay later service launched last year, the company is sticking with the product, with a successor to the offering launching later this year via third-parties like Affirm .

18/06 EU finance chief says ditch national symbols to boost capital market

Merging national stock exchanges and clearing houses and pan-EU supervision are the next steps needed to achieve a better capital market for the bloc, its financial services chief said.

18/06 Exclusive: India regulator plans tweaks to address derivative trading risks

India's markets regulator is considering a series of tweaks to its derivative trading rules, according to two sources, as it seeks to address risks arising from explosive growth in options trading.

18/06 Hong Kong says stock market to stay open during typhoons from Sept 23

Hong Kong's stock market will stay open during typhoons and heavy rain effective Sept. 23, a change that will help maintain the global financial hub's competitiveness, city leader John Lee said on Tuesday.

13/06 How Elon Musk's pay package compares with other top CEOs in the US 

Tesla shareholders will vote on Thursday on whether to ratify CEO Elon Musk's $56 billion pay package, which a Delaware judge voided in January because she found he improperly controlled the process.

13/06 Rouble swings to opaque trading territory after new US sanctions

New U.S. sanctions that forced Russia's leading exchange to halt dollar and euro trading led to a range of varying prices and spreads as trading moved over-the-counter (OTC) on Thursday, obscuring access to reliable pricing for the Russian currency.

12/06 Russia, hit by new US sanctions, halts dollar and euro trade on biggest exchange

New U.S. sanctions against Russia have forced an immediate suspension of trading in dollars and euros on its leading financial marketplace, the Moscow Exchange .

12/06 GameStop raises $2.14 bln amid Roaring Kitty-fueled retail trading frenzy

GameStop said on Tuesday it had completed an "at-the-market" equity offering of its shares to raise roughly $2.14 billion in gross proceeds, days after meme stock influencer Keith Gill's first livestream in three years.

07/06 How the SEC has bolstered the US market since the 2021 GameStop frenzy

The latest resurgence of retail trading in GameStop follows major changes aimed at boosting the resilience and transparency of the market following the 2021 "meme stock" saga.

06/06 IEA expects global clean energy investment to hit $2 trillion in 2024

Global investment in clean energy technology and infrastructure is set to hit $2 trillion this year, twice the amount going into fossil fuels, an International Energy Agency report showed.

05/06 Crypto exchange Binance seeks to slash size of $13 bln UK lawsuit

Crypto exchange Binance on Wednesday sought to throw out the vast majority of a London lawsuit worth up to 10 billion pounds ($12.8 billion) over claims it and other exchanges colluded to "delist" the Bitcoin Satoshi Vision (BSV) cryptocurrency.

05/06 BlackRock, Citadel Securities-backed TXSE Group to start Texas Stock Exchange

TXSE Group, backed by BlackRock and Citadel Securities, plans to launch Texas Stock Exchange based in Dallas, the company said on Wednesday.

03/06 Nasdaq, S&P 500 rise on chips, megacaps boost

The Nasdaq and the S&P 500 inched up on Monday as falling U.S. Treasury yields boosted megacap growth stocks, while investors assessed data that showed local manufacturing activity had eased for the second consecutive month in May.

03/06 NYSE Equities investigating technical issue regarding LULD bands

NYSE Equities said on Monday it was currently investigating a reported technical issue regarding Limit Up-Limit Down bands, sending dozens of stocks listed on the exchange into volatility pauses.

03/06 GameStop soars 90% after super bull Keith Gill's Reddit post shows $116 mln bet

Shares in Gamestop surged by over 90% in premarket trading on Monday, after a weekend Reddit post from stocks influencer Keith Gill, known as "Roaring Kitty," showed a $116 million bet on the gaming retailer.

01/06 Top proxy adviser ISS recommends against Tesla CEO Musk's 'excessive' $56 bln pay

Top proxy advisory firm ISS recommended Tesla shareholders vote against ratifying CEO Elon Musk's $56 billion pay package, calling the compensation excessive in a rejection of the plan set by the electric vehicle maker's board.

31/05 Musk disregarded warnings, hid Twitter stake, US lawsuit claims

Elon Musk ignored repeated warnings about the U.S. securities disclosure obligations potentially triggered by his growing stake in Twitter in 2022, according to a Morgan Stanley executive who helped Musk secretly amass shares in the social media firm, a lawsuit says.

30/05 Chinese companies rush to hike dividends, buy back shares in Japan-style reform

Chinese listed companies are rushing to buy back shares and lift dividends as they respond to regulators' calls that echo reform efforts in Japan and South Korea, driving a welcome rally even if investors doubt that broader governance changes are afoot.

29/05 Wall Street says shift to faster trade settlement smooth so far

The transition to a faster trade settlement cycle in the U.S. has so far gone smoothly, according to market participants and new data on Wednesday.

29/05 Trading app Robinhood unveils maiden stock buyback plan of $1 bln

Trading app Robinhood Markets launched its first-ever share buyback plan on Tuesday, saying it would repurchase $1 billion worth of stocks as it looks to grow beyond its startup phase.

28/05 Wall Street-backed Members Exchange resolves tech issue that delayed start of premarket trading

Exchange operator Members Exchange (MEMX), backed by some of the biggest Wall Street firms, said it had resolved a technical issue that delayed the start of its pre-market trading session for nearly two hours before Tuesday's open.

28/05 Explainer: What to expect as US moves towards faster stock settlement

U.S. markets are set for an upheaval on Tuesday when the settlement time for U.S. equities, corporate municipal bonds and other securities will be halved to one day, or T+1, after the adoption of a new Securities and Exchange Commission rule in February 2023.

24/05 US SEC approves exchange applications to list spot ether ETFs

The U.S. Securities and Exchange Commission (SEC) on Thursday approved applications from Nasdaq, CBOE and NYSE to list exchange-traded funds (ETFs) tied to the price of ether, potentially paving the way for the products to begin trading later this year.

24/05 US stock changes push FX trades into Asia's 'twilight zone'

A shortening of U.S. stock settlement window next week is expected to upend trading for Asian money managers, pushing some to secure funds in the early hours of their mornings when currency markets are at their thinnest and most jumpy.

22/05 Intercontinental Exchange to pay $10 mln penalty over cyber intrusion

Intercontinental Exchange Inc (ICE) will pay a $10 million penalty to settle charges its subsidiaries failed to immediately alert the Securities and Exchange Commission of a cyber intrusion incident, the SEC said on Wednesday.

22/05 Europe stock pickers go old-school to ride the next wave in AI

European stock pickers are turning to more established sectors like utilities, professional data providers and even copper miners to tap into the next wave of the AI boom, a year after AI chipmaker Nvidia's emergence as a driving force.

21/05 Exclusive: Conservative investor pulls JPMorgan resolution, cites changes addressing 'politicized finance'

A conservative shareholder has withdrawn a resolution filed for a vote at Tuesday's annual meeting of JPMorgan, according to the investor's representative, who said the move reflects changes the Wall Street bank has made to take more account of diverse viewpoints.

21/05 Robinhood lowers interest rate on margin loans in growth push

Trading app Robinhood Markets is lowering the rate of interest it charges on its margin loans, it said on Tuesday, to encourage more customers to avail this facility that allows them to borrow against securities they hold.

20/05 Focus: Copper's record run at risk as US shipments calm speculator frenzy

Copper's lightning rally to record highs may not be sustainable in the coming weeks, with action concentrated on the shipment of material to cover exposed short positions in the U.S. Comex futures market rather than tepid demand in top consumer China.

20/05 Goldman says UK listings shake-up alone won't transform London IPO market

Britain will finalise its biggest shake-up of company listing rules in decades over the coming weeks, regulators said on Monday, as industry officials cautioned that the reform alone won't transform London's ability to catch up with New York.

20/05 US stock settlement switch faces early resilience test

Participants in the United States' multitrillion-dollar securities markets face an early test of their ability to cope with regulatory reforms to speed up trade settlement, as a major index rebalance scheduled to occur just days after the planned switch risks causing a spike in failed trades.

16/05 Tel Aviv Stock Exchange to align trading week with global bourses

The Tel Aviv Stock Exchange (TASE) is planning to alter its schedule and add Friday to the trading week in a bid to strengthen the Israeli bourse's global profile, it said on Thursday.

14/05 GameStop hits 2021 high as return of 'Roaring Kitty' rekindles meme stock mania

Shares of retail darlings GameStop and AMC more than doubled on Tuesday after posts from "Roaring Kitty" Keith Gill raised chatter about the return of the central figure behind the 2021 meme stock frenzy.

14/05 German final inflation confirmed at 2.4% in April

German inflation inched up in April to 2.4%, the federal statistics office said on Tuesday, confirming preliminary data.

13/05 US financial regulators propose anti-money laundering rules for fund advisers

Two U.S. financial regulators jointly proposed new rules on Monday that would fight money laundering by requiring fund advisers to document customer identities, part of a wider effort to keep dirty money out of the investment industry.

10/05 Exclusive: Shein steps up London IPO preparations amid U.S. hurdles to listing, sources say

Fast-fashion giant Shein is stepping up preparations for a London listing after its attempt to float itself in New York faced regulatory hurdles and pushback from U.S. lawmakers, two people with knowledge of the matter said.

09/05 Robinhood makes headway beyond trading

Robinhood Markets' suite of new products, including its credit card and futures trading platform, will be crucial to drive growth as market fluctuations and regulatory risks cloud the near-term outlook for its legacy business, analysts said.

09/05 Robinhood shares gain as retail trading rebound powers record quarter

Robinhood Markets rose in morning trade on Thursday after reporting record first-quarter revenue and profit thanks to mom-and-pop investors returning to its commission-free platform to trade cryptocurrencies.

09/05 Exclusive: India to again delay caps on UPI payments market share

India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.

08/05 Robinhood beats profit estimates on interest income strength

Online trading app Robinhood Markets beat estimates for first-quarter profit thanks to strong trading volumes and rate hikes that boosted its net interest revenue and sent shares up about 6% after the bell on Wednesday.

08/05 EU envoys agree to use profits from frozen Russian assets for Ukraine

Ambassadors from European Union countries agreed on Wednesday to use windfall profits from Russian central bank assets frozen in the EU for Ukraine's defence, the Belgian government said.

07/05 Race for Europe's first 'real-time' stock trade tape heats up

Banks and asset managers are vying with Europe’s exchanges to develop technology that can deepen the pool of investors in the continent’s capital markets and better compete with Wall Street.

06/05 Synopsys to sell software unit to Clearlake, Francisco in $2.1 bln deal

Synopsys will sell its software integrity (SIG) unit to a private equity consortium led by Clearlake Capital and Francisco Partners in a deal valued at $2.1 billion, the chip designer said on Monday.

06/05 Robinhood Crypto gets Wells notice from US SEC

Retail trading platform Robinhood Markets said on Monday its U.S. cryptocurrency trading arm received a Wells notice from the United States Securities and Exchange Commission (SEC) on May 4.

02/05 Exclusive: Synopsys nears $2 billion-plus software unit sale to buyout firms, sources say

A private equity consortium led by Clearlake Capital and Francisco Partners is in advanced talks to acquire the software integrity (SIG) unit of chip designer Synopsys for more than $2 billion, according to people familiar with the matter.

01/05 Canada's long-delayed Trans Mountain oil pipeline starts operations

After 12 years and C$34 billion ($25 billion), Canada's Trans Mountain pipeline expansion project (TMX) began commercial operations on Wednesday, a major milestone expected to transform access to global markets for the country's producers.

01/05 LME plans for aluminium producers to submit carbon emission data by 2025

London Metals Exchange(LME) on Wednesday launched a consultation requiring producers of aluminium brands deliverable against its contracts to submit carbon emissions data by March 2025.

01/05 Cruise operator Viking prices IPO within range to raise $1.54 billion

Cruise operator Viking Holdings on Tuesday priced its initial public offering (IPO) within its targeted range at $24 per share, confirming a Reuters report on the matter.

30/04 Binance's CEO Zhao faces sentencing over money laundering violations

The former chief executive of Binance, the world's largest cryptocurrency exchange, could face years in prison when he is sentenced on Tuesday after his guilty plea to violating U.S. money-laundering laws.

30/04 Asia's first spot bitcoin and ether ETFs gain in Hong Kong debut

Six spot bitcoin and ether exchange traded funds (ETFs) gained in their Hong Kong debut on Tuesday, with the three bitcoin ETFs climbing more than 3% in early trade, reflecting Asian investor enthusiasm for cryptocurrencies.

29/04 German inflation creeps up to 2.4% in April

German inflation rose slightly in April due to higher food prices and a smaller drop in energy prices than in previous months, preliminary data from the federal statistics office showed on Monday.

24/04 US seeks 36 months' jail for Binance founder Zhao

Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, should serve 36 months in prison after pleading guilty to violating laws against money laundering, U.S. prosecutors said in a court filing on Tuesday.

23/04 Bankers lose hope of London IPO revival for another year

Banks have mostly given up hope this year will bring a long-awaited recovery in UK IPOs, as stock exchanges within the European Union and Switzerland have so far proved more tempting, senior bankers told Reuters.

22/04 Canada's planned capital gains tax hike may choke mining startups, dealmakers say

Canada's capital gains tax hike for wealthy individuals and corporations in last week's federal budget risks turning away investments from mineral exploration by reducing incentives, the country's leading stock exchange operator and dealmakers told Reuters.

19/04 China's Ant Group in talks to launch Alipay+ in Indonesia, says executive

China's Ant Group is in talks with Indonesia to bring its popular cross-border payment service Alipay+ there, the chief of its international business was quoted by media as saying on Friday after meeting with the country's communications minister.

17/04 ANALYSIS Chinese firms' fundraisings in limbo as IPOs scrutinised at home and abroad

Chinese companies are staring at the prospects of a drought of new equity capital as tougher domestic IPO rules and challenges in listing overseas severely curb their fundraisings, putting at risk the floundering economy's recovery.

15/04 Fragmented Europe to make new bid for US-style capital market

After years of struggling to raise capital in European Union markets, Mews - a hospitality software firm with Czech roots -finally secured funding by registering as a Dutch company.

14/04 CME bans Russian-origin aluminium after U.S., UK impose new sanctions

CME Group has suspended from its platform aluminium produced in Russia from April 13, the exchange said on Sunday, after the United States and Britain imposed new sanctions on Moscow for its invasion of Ukraine.

12/04 German inflation eases to lowest in almost three years

German inflation eased in March, helped by a drop in energy and food prices, final data from the federal statistics office showed on Friday.

11/04 Bankman-Fried appeals FTX fraud conviction, 25-year sentence

Sam Bankman-Fried, facing the prospect of spending much of his adult life behind bars, on Thursday appealed his conviction and 25-year prison sentence for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded.

09/04 CLS declines delaying FX cutoff as US stock changes loom

CLS Group, the largest currency settlement system, said on Tuesday it will not change its cut-off time for payment instructions for foreign exchange trades, dealing a blow to foreign asset managers hoping for some reprieve from a new U.S. rule putting them at risk of transaction failure.

09/04 Breakingviews - How new stock rules are boosting Europe’s startups: podcast

Young companies in the European Union have traditionally lagged US rivals in both value and numbers. But in this Exchange podcast, Index Ventures Partner Hannah Seal explains how friendlier regulations on employee share ownership are helping EU-based entrepreneurs fill that gap.

05/04 Terraform Labs and founder Do Kwon found liable in US civil fraud trial

A jury in Manhattan found Singapore-based Terraform Labs and its founder Do Kwon liable on civil fraud charges on Friday, agreeing with the U.S. Securities and Exchange Commission that they misled investors before their stablecoin's 2022 collapse shocked cryptocurrency markets.

04/04 Detained Binance executive in court on Nigerian tax, money laundry charges

One of the two executives from Binance, the world's largest cryptocurrency exchange, detained in Nigeria appeared in an Abuja court on Thursday to face tax evasion and money laundering charges.

03/04 Exclusive: Beijing nudged Syngenta to withdraw $9 bln Shanghai IPO on market weakness, sources say

Chinese authorities nudged Swiss agrichemicals and seeds group Syngenta to withdraw its application for a long-delayed $9 billion IPO in Shanghai on concerns about the impact a sizeable new offering would have on a volatile market, four people said.

03/04 Exclusive: India cenbank's stance on underlying exposure for FX derivatives unchanged, sources say

The Reserve Bank of India (RBI) has not materially changed its stance on exchange-traded rupee derivatives and neither has it asked brokerages for proof of their clients' underlying forex exposure, two sources aware of the central bank's thinking said.

02/04 Sam Bankman-Fried prosecutor says coder's cooperation sped up case

U.S. prosecutors were able to charge FTX founder Sam Bankman-Fried shortly after the cryptocurrency exchange's collapse in part because they secured the cooperation of its chief software engineer, one of the prosecutors said on Tuesday.

02/04 US, Canadian companies kick off 2024 with layoffs

Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signaling that the spate of layoffs seen in 2023 could persist as they scramble to rein in costs.

28/03 Sam Bankman-Fried to be sentenced for multi-billion dollar FTX fraud

Sam Bankman-Fried, the former billionaire cryptocurrency wunderkind, is set to be sentenced on Thursday over his conviction for stealing $8 billion from customers of the now-bankrupt FTX exchange he founded.

27/03 Robinhood hits over 2-year high as credit card launch fuels investor euphoria

Shares of Robinhood Markets jumped on Wednesday after the financial technology firm launched a credit card, as it expands its product offerings in order to reduce its reliance on market-sensitive trading revenue.

27/03 Coinbase must face US securities regulator's lawsuit

A federal judge in Manhattan on Wednesday said the U.S. securities regulator's lawsuit against Coinbase can move forward, but dismissed one claim the agency made against the largest U.S. cryptocurrency exchange.

27/03 US banks to see modest hit from deal to lower swipe fee by Visa, Mastercard

U.S. banks could see a modest hit to their earnings due to the $30 billion settlement to limit credit and debit card fees for merchants by payments networks Visa and Mastercard , Wall Street analysts said.

27/03 Global IPO revival lags first quarter share sales as markets rally

Dealmaking in global equity capital markets had its strongest start in three years in 2024 as economic uncertainty waned and stocks rallied, but a revival in initial public offerings has lagged.

27/03 Robinhood ventures further beyond trading with new credit card

Online trading app Robinhood Markets launched a new credit card on Tuesday, in an effort to expand its foothold in the personal finance market and boost subscriptions to its premium tier.

25/03 South Korea's push to make its markets global dogged by FX history

As South Korea seeks to boost the global profile of its financial markets, the export powerhouse is struggling to loosen the tight currency restrictions that have for years been a major pain point for investors and traders in the country.

22/03 B. Riley gets Nasdaq warning after annual report delay

Nasdaq has notified B. Riley Financial of non-compliance with the exchange operator's listing rules due to a delay in the filing of its annual report, the boutique investment bank said in a statement on Friday.

22/03 Western banks warn of risks in EU plan to grab Russian assets, sources say

Some western banks are lobbying against EU proposals to redistribute billions of euros in interest earned on frozen Russian assets, senior industry sources said, fearing it could lead to costly litigation.

21/03 FTX expects US to reduce bankruptcy claim to $3 billion to $5 billion

Crypto exchange FTX said it expects to negotiate U.S. government claims in its bankruptcy down to $3 billion to $5 billion, leaving no money for shareholders and contradicting a "reckless and false" claim by founder Sam Bankman-Fried that FTX's collapse caused no harm.

20/03 FTX founder Sam Bankman-Fried is no 'super-villain,' his lawyers say

Sam Bankman-Fried is no "super-villain" and should not spend a "medieval" 40 to 50 years in prison as prosecutors propose, lawyers for the founder of bankrupt cryptocurrency exchange FTX said in advance of his sentencing next week.

19/03 B3, S&P Dow Jones Indices launch Brazil's first volatility index

Brazilian exchange operator B3 and S&P Dow Jones Indices on Tuesday launched the first volatility index of Brazil's domestic market, to be calculated based on the methodology of the CBOE Volatility Index , known as Wall Street's fear gauge.

18/03 Nasdaq leads Wall St higher ahead of Fed meeting; Nvidia kicks off AI conference

The tech-heavy Nasdaq led gains amongst Wall Street peers on Monday ahead of the U.S. Federal Reserve's meeting this week, where the central bank is expected to keep borrowing costs steady and provide cues on its monetary policy trajectory.

18/03 Nasdaq investigates technical issue affecting connectivity

Nasdaq , which hosts some of the biggest U.S. tech giants on its exchange, said on Monday it has a resolved an issue related to connectivity and stock orders after more than two hours and said all systems were operating normally.

15/03 Sam Bankman-Fried deserves 40-50 years in prison for FTX fraud, prosecutors say

Sam Bankman-Fried should spend between 40 and 50 years in prison after being convicted for stealing $8 billion from customers of his now-bankrupt FTX cryptocurrency exchange, prosecutors said on Friday.

15/03 Global equity funds draw big inflows as investors eye central bank signals

Global equity funds saw notable inflows in the week to March 13 as investors focused on strong global stock performances, overlooking inflation concerns ahead of the Federal Reserve meeting next week that could provide clues on the timing of the central bank's interest-rate cuts.

15/03 China tightens scrutiny over IPOs, listed firms to revive stock market

China published a set of rules on Friday that would tighten scrutiny over stock listings, public companies and underwriters, as regulators ramp up efforts to revive investor confidence.

14/03 Faster U.S. stock settlement poses 'systemic risk' to Europe, asset managers say

Wall Street's move to halve the time it takes to complete a stock trade will create a "systemic risk" in Europe unless market participants get more time to line up dollars for stock purchases, Europe's asset management industry said on Thursday.

10/03 Britain says it will regulate ESG ratings later in 2024

Britain's finance ministry said on Wednesday it will introduce regulation for providers of environmental, social and governance (ESG) ratings on companies to improve "clarity and trust" in benchmarks widely used to steer investments, but gave no specific timeline.

09/03 Binance must face revived investor lawsuit in US over crypto losses

A federal appeals court on Friday revived a lawsuit where investors accused Binance, the world's largest cryptocurrency exchange, of violating U.S. securities laws by selling unregistered tokens that lost much of their value.

05/03 Tether's $100 bln stokes stablecoin stability concerns

As Tether toasts $100 billion in circulation this week, the rapid rise of the world's biggest stablecoin has highlighted concerns about potential risks to wider financial markets.

05/03 UK takeovers flop as boards rebuff low valuations

The number of failed takeovers of UK-listed companies has more than doubled in recent years as boards have rebuffed a slew of bids they believe are taking advantage of cheapened stock prices.

04/03 Exclusive: Proxy adviser ISS expands offerings for 'ESG skeptic' clients

Institutional Shareholder Services (ISS), the influential proxy adviser majority owned by Deutsche Boerse that recommends how shareholders should vote in corporate elections, will offer a new "ESG skeptic" option, according to executives.

01/03 Proxy advisor ISS backs Starbucks in board challenge from labor group

Institutional Shareholder Services, a proxy advisory firm, on Thursday threw its support behind Starbucks Corp , recommending investors elect all of management's directors in a board fight over worker pay and the coffee chain's stock price.

29/02 London Stock Exchange Group reports in line earnings, confirms stock buyback

London Stock Exchange Group reported preliminary full year income for 2023 at the higher end of guidance on Thursday, and confirmed plans to buy one billion pounds in shares this year directly from Blackstone and Thomson Reuters.

29/02 Soaring bitcoin set for biggest monthly jump since 2020

Frenetic activity in bitcoin put it on course for its biggest monthly gain in more than three years on Thursday and it is within range of a record high as cash rushing to listed bitcoin funds propels a sweeping rally.

28/02 Coinbase says it's investigating issue on accounts showing zero balance

Coinbase Global said on Wednesday it is investigating an issue that is causing some users to see zero balance across their accounts and may cause errors in buying or selling.

28/02 Sam Bankman-Fried says 63 to 78 mths should guide sentencing for FTX fraud

Lawyers for Sam Bankman-Fried told a U.S. judge on Tuesday that a sentence ranging from 63 to 78 months would be an appropriate punishment for the FTX founder's conviction for stealing $8 billion from customers of the bankrupt cryptocurrency exchange.

27/02 Bitcoin breaks $57,000 as big buyers circle

Cryptocurrency bitcoin hit a two-year high above $57,000 in Asia trade on Tuesday on signs of heavy institutional buying, while smaller rival ether topped $3,200 for the first time in two years.

26/02 Chinese companies axe IPO plans amid listing scrutiny

Companies have scrambled to scuttle plans for initial public offering in China this year as the securities watchdog tightens rules on share listings in a bearish market.

26/02 Breakingviews - Ant puts its talent for disruption back on display

A smaller Ant can still sting. Just ask Ken Griffin. The fintech firm has outbid the billionaire's Citadel Securities for Credit Suisse's investment-banking unit in China, Bloomberg reports. A deal makes little sense but would signal the Jack Ma-founded payments-to-lending group is back in good standing with Beijing.

23/02 Key parts of sweeping US sanctions against Russia

The U.S. on Friday issued sweeping sanctions against Russia over the death of opposition leader Alexei Navalny and to mark the second anniversary of the invasion of Ukraine, targeting more than 500 people and entities as Washington seeks to increase pressure on Moscow.

21/02 Sam Bankman-Fried due in court for hearing on lawyer's possible conflict

Sam Bankman-Fried, the jailed founder of bankrupt cryptocurrency exchange FTX, is due back in court on Wednesday for the first time since his November fraud conviction for a hearing in Manhattan over his new lawyer's possible conflict of interest.

21/02 Breakingviews - S&P’s Visible Alpha deal ignores fat finger flubs

What is proprietary data worth to investors? S&P Global’s deal for Visible Alpha gets closer to valuing it. The $133 billion research company plans to pay roughly $500 million for the company that uploads hard-to-replicate analysis from forward-looking financial models. In a world where finding an edge is becoming harder, buying Visible Alpha makes sense. Unfortunately for S&P and traders alike, i

16/02 Coinbase shares surge after bitcoin ETF euphoria helps return to profitability

Coinbase Global shares jumped 12% before the bell on Friday as strong trading volumes due to optimism around spot bitcoin exchange-traded funds (ETFs) helped the cryptocurrency exchange post its first profit since 2021.

15/02 JPMorgan, State Street quit climate group, BlackRock steps back

JPMorgan Chase's and State Street's investment arms on Thursday both quit a global investor coalition pushing companies to rein in climate-damaging emissions, while BlackRock said it has transferred its membership to its international arm, limiting its involvement.

15/02 Britain eyes phased approach in move to speed up share trading

Britain will push ahead with faster completion of share transactions to catch up with Wall Street, but market participants will be given enough time to adapt their systems, the chair of a government-commissioned review said on Thursday.

15/02 Berkshire trims Apple, sheds four stocks, mum on new investment

Berkshire Hathaway on Wednesday said it has trimmed its huge stake in Apple and shed four common stock holdings, and kept investors guessing on what could be a major new investment by Warren Buffett.

10/02 US SEC hits more Wall Street firms with fines over record-keeping

A new group of Wall Street firms has agreed to pay more than $81 million in civil penalties to settle U.S. Securities and Exchange Commission charges of record-keeping failures, the regulator said on Friday.

08/02 NYSE-parent ICE's profit rises as commodity markets boost trading volumes

Intercontinental Exchange reported a higher fourth-quarter profit on Thursday as trading volumes at the New York Stock Exchange parent surged, driven by strong growth in commodity and energy segments.

08/02 China stocks extend bounce on regulatory change-of-guard

Beaten-up Chinese stocks were set for a fourth day of gain on Thursday after a change of leadership at the market regulator, shoring up expectation of further support measures as China heads into a long Lunar New Year holiday this week.

07/02 PayPal sees flat profit in 'transition year', shares fall

PayPal's forecast of flat growth in adjusted profit for the current year overshadowed a market-beating earnings report, sending shares of the payments giant down 5% in extended trading.

07/02 China replaces head of securities regulator amid market turmoil

China has replaced the head of its securities regulator, the official Xinhua news agency said on Wednesday, as policymakers struggle to stabilise the country's main stock indexes after a plunge to five-year lows.

06/02 China stocks rebound sharply on renewed talk of official support

Battered Chinese stocks leapt to their largest one-day gain in two years on Tuesday and the yuan rose on a slew of signals that authorities are strengthening their resolve to support slumping markets.

06/02 China regulator unveils more curbs on short-selling

China's securities regulator said on Tuesday it would suspend brokerages from borrowing shares for lending and cap the size of so-called securities refinancing, as part of further efforts to curb short-selling.

05/02 China regulator vows to stabilise market after stocks hit 5-year lows

China's securities regulator vowed to prevent abnormal market fluctuations, after Chinese stocks plunged to five-year lows, but announced no specific measures.

03/02 Crypto exchange Gemini says bankrupt Genesis moves to authorize sale of trust assets

Cryptocurrency exchange Gemini Trust Co said on Saturday that crypto lender Genesis has filed a motion in U.S. Bankruptcy Court authorizing a sale of trust assets and seeking authorization to monetize its interests in two Grayscale Ethereum trusts, securities that provide investors exposure to cryptocurrency.

31/01 US bitcoin ETFs raise questions over broader financial system risks

The launch of U.S. exchange-traded funds (ETFs) tracking bitcoin deepens ties between the volatile world of cryptocurrencies and the traditional financial system, potentially creating unforeseen new risks, some experts say.

30/01 Jack Dorsey's Block starts cutting jobs under previously disclosed plan - source

Payments firm Block has begun to cut jobs this week as part of its previously disclosed plans to trim headcount and reduce costs, a person familiar with the matter told Reuters on Tuesday.

30/01 Payments firm PayPal to reduce global workforce by 9% in 2024

Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9% of its global workforce, this year, a letter from CEO Alex Chriss, seen by Reuters, showed on Tuesday.

29/01 Pentagon plans AI-based program to estimate prices for critical minerals

The U.S. Department of Defense plans to develop a program to estimate prices and predict supplies of nickel, cobalt and other critical minerals, a move aimed at boosting market transparency but one that throws a new, uncertain variable into global metals markets.

28/01 China securities regulator suspends restricted share lending from Monday

China's securities regulator said on Sunday that it will fully suspend the lending of restricted shares effective from Monday, in policymakers' latest attempt to stabilise the country's stock markets following recent sharp falls.

26/01 Yemen's Houthi rebels escalate Red Sea attacks, hit Trafigura fuel tanker

Yemen's Houthi rebels on Friday stepped up attacks on vessels transiting the Red Sea, including a hit on a fuel tanker operated on behalf of trading firm Trafigura that sparked a fire.

25/01 US SEC delays decision on Grayscale, BlackRock's spot Ethereum ETFs

The U.S. Securities and Exchange Commission (SEC) delayed on Thursday its decision on an application by crypto asset manager Grayscale Investments to convert its Ethereum trust product into a spot exchange-traded fund (ETF).

24/01 Bill Ackman, wife buy 4.9% stake in Israeli stock exchange

Billionaire hedge fund manager Bill Ackman and his Israeli-born wife Neri Oxman have agreed to buy an equity stake of around 4.9% in the Tel Aviv Stock Exchange (TASE) , the Israeli bourse said on Wednesday.

24/01 Exclusive: China regulators ask funds to restrict short selling of stock index futures -sources

China's securities regulators have asked some hedge fund managers to restrict short selling in the country's stock index futures market, two sources said, as authorities seek to stabilise sinking stocks.

19/01 Talk in Davos of 'high for longer' as CEOs wrestle with rates

Business leaders and financiers in Davos this week said they are preparing for "high for longer" borrowing costs, despite markets betting on large-scale interest rate cuts this year.

19/01 Binance heads to court, seeking dismissal of SEC fraud lawsuit

Binance is due to square off against the U.S. Securities and Exchange Commission in a Washington courtroom on Friday, marking the second high-profile hearing this week involving the regulator and a top crypto exchange.

17/01 Coinbase, SEC set to face off in federal court over regulator's crypto authority

Coinbase will argue at a court hearing on Wednesday that the U.S. securities regulator should drop its case against it because the tokens traded on its crypto exchange are not akin to securities, said a person familiar with the case and court filings.

16/01 Vodafone signs $1.5 billion Microsoft deal for AI, cloud and IoT

Vodafone has agreed a 10-year partnership with Microsoft to bring generative AI, digital, enterprise and cloud services to more than 300 million businesses and consumers across its European and African markets.

16/01 Crypto exchange OKX secures Dubai licence to target retail clients

OKX, one of the world's largest cryptocurrency exchanges, has been granted a regulatory licence in Dubai that will allow it to offer crypto services to retail clients, the company said on Tuesday.

16/01 Crypto firm HashKey secures $100 mln funding, exceeds $1 bln valuation

Cryptocurrency exchange HashKey Group said on Tuesday that it raised nearly $100 million after the completion of a Series A financing round, at a pre-money valuation exceeding $1.2 billion.

14/01 UK police arrest six pro-Palestinian activists in alleged stock exchange plot

British police on Sunday arrested six people who are members of the Palestine Action protest group as part of an investigation into an alleged plot to disrupt the London Stock Exchange.

12/01 BlackRock strikes $12.5 bln deal for Global Infrastructure Partners

BlackRock said on Friday it would buy Global Infrastructure Partners (GIP) for $12.5 billion in a major bet on alternative assets and announced a shake-up of its top management.

12/01 South Korean regulator warns brokering US bitcoin ETFs locally may be illegal

South Korea's financial regulator on Friday said brokering U.S. spot bitcoin exchange-traded funds (ETFs) may be illegal in local markets, in an official response to the U.S. Securities and Exchange Commission's approval of such ETFs.

11/01 Spot bitcoin ETFs to start trading in big boost to crypto industry

Several exchange-traded funds (ETFs) tied to the spot price of bitcoin will start trading in the U.S. on Thursday before the bell in a landmark moment for the cryptocurrency industry that has been demanding regulatory approval for more than a decade.

11/01 Bitcoin holds firm after regulators approve ETFs

Bitcoin held steady on Thursday after regulators approved the first U.S.-listed exchange traded funds (ETFs) to track the world's largest cryptocurrency, seen as a landmark move that could broaden its appeal to investors.

09/01 US SEC has not approved bitcoin ETFs, social media account compromised-spokesperson

The U.S. Securities and Exchange Commission (SEC) has not yet approved a spot bitcoin exchange traded fund (ETF), an agency spokesperson said on Tuesday, adding that a post on its social media platform X was incorrect.

09/01 Oil tankers continue Red Sea movements despite Houthi attacks

Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have rerouted due to attacks by Iran-aligned Houthi militants, a Reuters analysis of vessel tracking data showed.

08/01 India's Modi to lure tech, EV investments at Gujarat summit as poll looms

Indian Prime Minister Narendra Modi will roll out the red carpet for hundreds of domestic and foreign investors visiting his home state of Gujarat this week for a business event, in one of his last major efforts to draw investments before a re-election bid.

02/01 Bitcoin climbs above $45,000 for first time since April 2022

Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world's biggest cryptocurrency started the New Year with a bang, buoyed by optimism around the possible approval of exchange-traded spot bitcoin funds.

05/12 Binance might be peak for U.S. crypto enforcement cases, says CFTC official

Enforcement action against crypto firms may have peaked after last month's $4.3 billion settlement with Binance, as such cases provide companies with a "template" for how they should be governed, a senior U.S. regulator said on Tuesday.

05/12 Tel Aviv bourse says no unusual trading ahead of Oct 7 Hamas attack

The Tel Aviv Stock Exchange said on Tuesday a report by U.S. researchers suggesting there were investors in Israel who may have profited from prior knowledge of Hamas' Oct. 7 attack was inaccurate and its publication irresponsible.