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Australian cryptocurrency exchange Independent Reserve plans to look more closely at opportunities in Hong Kong as the city pursues a regulatory revamp to create a hub for digital-asset businesses.

THE Bank of England is expected to raise interest rates for the 11th time in a row on Thursday after a surprise jump in inflation dashed speculation that it might have been about to go on pause.

THE Hong Kong Monetary Authority (HKMA) raised its benchmark interest rate by 25 basis points on Thursday (Mar 23), following the lead of the Federal Reserve which hiked rates even as the unfolding bank crisis sent jitters through financial markets.

ACTRESS Lindsay Lohan, YouTuber Jake Paul and six other celebrities were charged by the US Securities and Exchange Commission for touting cryptocurrencies on social media without disclosing that they were paid to do so.

COINBASE Global said it received a notice from the Securities and Exchange Commission (SEC) formally declaring the securities regulator’s plans to bring an enforcement action against the largest US crypto exchange, the latest development in a long-running dispute between the watchdog and the digital-asset company.

FIRST Republic Bank has racked up another ratings downgrade, less than a week after a group of Wall Street banks agreed to contribute US$30 billion of deposits to the beleaguered lender.

WHATEVER plan emerges to preserve First Republic Bank might not leave much for shareholders of the troubled California lender.

THE Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after recent the recent collapse of two US banks.

SINGAPORE’S corporate perpetuals have weakened in the aftermath of Credit Suisse’s debt wipeout, but not by much. Market watchers do not expect the impact to be long-lasting, and said corporates should still be able to tap the perpetual credit market – albeit at higher rates and under tougher scrutiny....

INVESTORS these days are constantly confronted with crises. In early 2020, the Covid pandemic was spreading across many countries. In early 2022, Russia invaded Ukraine.