By Angus Berwick and Anirban Sen (Reuters) – FTX is scrambling to raise about $9.4 billion from investors and rivals,…
U.S. senator urges legislation after FTX collapse
By David Shepardson WASHINGTON (Reuters) -U.S. Senate Agriculture Committee chair Debbie Stabenow said on Thursday the U.S. Congress needs to…
Japan’s Oct wholesale prices rise 9.1% yr/yr
By Leika Kihara TOKYO (Reuters) -Japan’s wholesale prices rose 9.1% in October from a year earlier, slowing from the previous…
SMIC Co-CEO warns of ‘adverse impact’ of U.S. export controls on production
SHANGHAI (Reuters) – Semiconductor Manufacturing International Corporation (SMIC) co-CEO Zhao Haijun said on Friday on an earnings call that recent…
S.Korea central bank governor says dollar/won moves in line with expectations
SEOUL (Reuters) – South Korea’s central bank governor on Friday said recent dollar/won movement was in line with his expectations,…
Australian banks ease mortgage norms as property market cools
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…
Exclusive-Behind FTX’s fall, battling billionaires and a failed bid to save crypto
By Angus Berwick and Tom Wilson (Reuters) – On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his…
Dollar slides, CPI data suggests Fed could slow pace of rate hikes
By Herbert Lash NEW YORK (Reuters) – The dollar fell sharply on Thursday after U.S. consumer prices rose less than…
U.S. to allow some Russian energy-related transactions until next May
WASHINGTON (Reuters) – The United States will allow some energy-related transactions with several Russian entities including Sberbank, VTB Bank and…