Hong Kong regulators are planning a second meeting in less than two months to push banks to offer services to virtual-asset firms as the city seeks to become an international crypto hub.
Unexplained gains in Indonesian stocks are fueling calls for tighter regulation in Southeast Asia’s biggest equity market.
North Korea test-fired two short-range ballistic missiles Thursday in its first such launch in about two months, which came after it failed in late May to put a spy satellite into orbit.
Stung by the backlash from US political conservatives over its collaboration with a transgender influencer to promote Bud Light, Anheuser-Busch InBev pledged on Thursday that it would turn the conversation back to beer with its summer advertising campaign.
Japanese Prime Minister Fumio Kishida said he’s not thinking of dissolving parliament during the current session, cooling speculation he could call an early election as soon as next month.
Britain’s tax system is so complicated it has become an “obstacle to economic dynamism” and needs to be simplified, an influential committee in Parliament concluded.
The yen recovered from a seven-month low against the dollar as traders weighed a pull back in US yields against the expectation the Bank of Japan will keep policy unchanged Friday.
Former Treasury Secretary Lawrence Summers said that Federal Reserve policymakers seemed to settle on an inconsistent set of actions this week based on internal dynamics at the US central bank.
Justice Department prosecutors are among the US officials who have queried Goldman Sachs Group Inc. over its role in Silicon Valley Bank’s attempt to raise funds as the California-based lender careened into failure, according to a person familiar with the matter.
Crypto trading platform Abra was accused of securities fraud by a Texas regulator that filed an emergency cease and desist order against the company and Chief Executive Officer Bill Barhydt.
