Financial news

Capitalism is having an identity crisis – but it is still the best system

5 years by Daniel Williams

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The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

4 years by Daniel Williams

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Uncategorized

Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

4 years by Daniel Williams

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Hong Kong court rules law against inciting people to cast invalid votes is constitutional – JURIST

A Hong Kong court Thursday ruled a law that prohibits encouraging others not to vote in an election or to cast an invalid vote is constitutional, the Hong Kong Independent Commission Against […]

UK fund manager profit squeeze set to shrink bonuses by 20%

Some of the UK and Europe’s largest fund management houses have seen assets under management shrink this year as volatile markets continue to have a knock-on impact on revenue and profit across […]

Chinese military aircraft flies within 20 feet of US surveillance plane over South China Sea – JURIST

US Indo-Pacific Command (USINDOPACOM) Thursday said in a statement that on December 21, a Chinese Navy aircraft came within 20 feet of a US Air Force RC-135 surveillance plane conducting routine operations […]

Once the future, MTFs are now fading into the ghosts of big banks’ past

Big banks like UBS have one. Then Goldman Sachs and Morgan Stanley and even Bloomberg got in on the act, trading everything from bonds and repos to credit default and interest rate swaps. […]

Haitian gang leader sanctioned by UK Government – JURIST

The United Kingdom Government Wednesday imposed sanctions on Haitian gang leader Jimmy Cherizier for “serious human rights abuses”. According to the sanction, Cherizier is one of Haiti’s most influential gang leaders and […]

Somalia rejects Genel Energy’s ‘illegal claim’ to oil exploration – JURIST

The Federal Government of Somalia Wednesday vehemently condemned Genel Energy PLC’s oil and petroleum exploration activities in the country’s northern breakaway region of Somaliland. The Oil Ministry rejected the company’s “illegal claim” […]

Trading Places: RBC’s new Germany sponsor head, Morgan Stanley’s Franck Petitgas steps down, Allen & Overy bolsters team

This week marked Financial News’ celebration of 100 women who made the cut to be on a ranking of Europe’s most influential women in the finance sector. A highlight at the dinner marking […]

China committee rules permission from Chief Executive needed to recruit foreign lawyers in national security law trials – JURIST

The Chinese National People’s Congress Standing Committee (NPCSC) Friday adjudicated that Hong Kong Chief Executive John Lee must certify the appointment of overseas lawyers as defense counsel or litigation agent in a […]

Сryptocurrencies

Changpeng Zhao Attempts To Restore Faith in Binance Fund Management

Binance CEO Changpeng Zhao delivers a message to all of the platform’s users to clear the air on how it manages funds and wallets. Changpeng Zhao, who is more commonly known as […]

Barclays chief C S Venkatakrishnan diagnosed with non-Hodgkin lymphoma

Barclays chief executive C S Venkatakrishnan has been diagnosed with cancer. He will continue to run the bank while undergoing treatment. Venkatakrishnan, known as Venkat, told staff that he has non-Hodgkin lymphoma, a form of cancer […]

North Korea releases US soldier who crossed demilitarized zone 2 months ago – JURIST

North Korea expelled US soldier Travis King on Wednesday, 2 months after he crossed into its territory from South Korea. KCNA, North Korea’s state media, announced that North Korea expelled King after […]

South Korea court overturns North Korea leaflet ban – JURIST

The Constitutional Court of South Korea on Tuesday struck down a provision of the Law on the Development of Inter-Korean Relations which prohibits the distribution of leaflets in North Korea and imposes […]

Hong Kong court sentences journalist to 5 days in jail for obstructing police officer – JURIST

The West Kowloon Magistrates’ Court on Monday sentenced the head of the Hong Kong Journalists Association Ronson Chan to five days in jail, according to the Hong Kong Free Press (HKFP). As […]

Philippine Coast Guard removes floating barrier allegedly placed by China – JURIST