By Lewis Jackson and Byron Kaye SYDNEY (Reuters) -Two of Australia’s top banks have quietly relaxed some home lending standards,…
Vanguard launches Australian pension fund in bid for $2 trillion savings pool
SYDNEY (Reuters) – The world’s second-largest fund manager Vanguard launched a pension fund in Australia on Friday, the first new…
Wall Street ends sharply higher on sign of cooling inflation
By Noel Randewich (Reuters) – The S&P 500 and Nasdaq jumped on Thursday, racking up their biggest daily percentage gains…
Lula’s honeymoon with Brazil markets ends amid spending plan fears
By Lisandra Paraguassu and Gabriel Stargardter BRASILIA (Reuters) -Brazilian President-elect Luiz Inacio Lula da Silva’s brief honeymoon with financial markets…
AIG’s Zaffino gets 5-year extension as CEO
(Reuters) -Insurer American International Group Inc’s Chief Executive Officer Peter Zaffino’s employment term has been extended for five years through…
Bahamas securities regulators freeze assets of FTX’s unit
(Reuters) – The Securities Commission Of the Bahamas said on Thursday it had frozen assets of FTX Digital Markets, a…
Mercedes F1 team evaluating FTX sponsorship, branding stays for now
SAO PAULO (Reuters) – The Mercedes Formula One team said on Thursday they were keeping the branding of troubled cryptocurrency…
Crypto needs oversight to avoid harming Americans, White House says
WASHINGTON (Reuters) -Cryptocurrencies risk harming everyday Americans without proper oversight and the latest news involving crypto underscores these concerns, White…
Crypto broker Genesis discloses locked funds on FTX
(Reuters) – U.S. cryptocurrency broker Genesis Trading disclosed its derivatives business has approximately $175 million in locked funds on FTX,…
Ontario Pension says any loss from FTX investment to have limited impact
By Divya Rajagopal TORONTO (Reuters) -The Ontario Teachers Pension Plan (OTPP) said on Thursday it had invested a total of…