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Kevin Warsh at Fed may not deliver big policy shift, no quick rate cutsPresident Trump expects new Federal Reserve chair Kevin Warsh to cut interest rates. However, Warsh faces challenges like rising inflation ...
US Stock Market: Morgan Stanley, Cliffwater cap withdrawals from their private credit fundsMorgan Stanley and Cliffwater have capped withdrawals from their private credit funds as investors sought to redeem more than allowed. This...
LeBron James confronts Stephen A Smith over criticism of Bronny in heated courtside exchangeLeBron James confronted ESPN’s Stephen A Smith courtside after the Lakers’ victory over the Knicks, addressing Smith’s repeated criticism o...
Australia to regulate buy-now-pay-later sectorThe Australian government said on Monday it would introduce laws that will consider buy-now-pay-later (BNPL) services as a credit product i...
PayPal tells Australia it supports buy-now-pay-later regulationThe US firm, which provides BNPL loans alongside its main money transfer service, said it had its own safeguards to protect shoppers from b...
Biocon Biologics secures regulatory approvals for acquisition of Viatris' biosimilar businessThe transaction with US-based Viatris required regulatory approvals from the Reserve Bank of India, Competition Commission of India and the...
Bankrupt crypto lender Voyager's CFO to exit months after appointmentBut inflation and subsequent rate hikes by the U.S. Federal Reserve led to a wide sell-off in the alternative asset class that dealt a heav...
Crypto lender Voyager files for bankruptcyIn its Chapter 11 bankruptcy filing on Tuesday, Toronto-listed Voyager estimated that it had more than 100,000 creditors and somewhere betw...
Crypto lender Voyager files for bankruptcyIn its Chapter 11 bankruptcy filing on Tuesday, Toronto-listed Voyager estimated that it had more than 100,000 creditors and somewhere betw...
Crypto lender Voyager Digital suspends withdrawals, depositsThe move comes days after the company issued a default notice to embattled hedge fund Three Arrows Capital (3AC) for the fund's failure to ...
Kinara Capital raises Rs 380 crore in funding led by investment manager NuveenThe company said the fund infusion will lead to Kinara’s expansion of products and services to meet the rapidly increasing MSME credit dema...
Sebi bans Falcon Tyres and Dunlop Tyres officials from capital market for two yearsThe regulator has also banned Sunil Bhansali, executive director of Falcon Tyres for one year and S Ravi, a director on the board of both F...
Citi appoints Arjun Chowdhry as head of global consumer banking, IndiaArjun Chowdhry will join the Asia consumer leadership team, ensuring alignment with global and regional priorities and attracting the right...
Tata Steel seeks 500 mn pounds govt bailout in UK: ReportsTata Steel, which owns the UK's largest steelworks in Port Talbot in Wales, is holding discussions with the Welsh government as well as the...
Blackstone leans forward into India, its ‘strongest performer’“We are not taking a cautious stance of watch and wait,” said Amit Dixit.
Terror-hit Sydney cafe set to reopenOn December 15, Iranian-born Islamist gunman Man Haron Monis entered the cafe and took over customers and staff.
- HSBC's non-executive director Thornton to quit: Report
British banking group HSBC non-executive director John Thornton is set to step down from the board within six months, says a media report.
- Royal Bank of Scotland Q1 loss narrows
Royal Bank has reported a narrower loss in the first quarter due to a reduction in impairments on bad loans.
- China may let yuan rise by 5% to check inflation
China may let its currency appreciate 5% as early as next month to prevent economic growth from stoking inflation. Why currency keeps fluct...
- HSBC turns to rising markets for takeovers
After taking a $10.6-billion hit due to bad loans after the acquisition of Household in the US, HSBC on Thursday announced that it would no...