MICROSTRATEGY shares touched the lowest level since August 2020 after the enterprise-software firm, better known in recent years as the largest corporate buyer of Bitcoin, disclosed its first ever sale of the token.
ISSUANCE volumes of environmental, social and governance (ESG) bonds are set to recover in 2023 as interest rates stabilise and inflation subsides, market analysts told The Business Times.
CHINA’S banking and insurance regulator on Thursday (Dec 29) issued draft rules to step up supervision and management of commercial banks’ custody business.
MANY are unaware that spot SORA, or the daily overnight rate, has been trending down below 3 per cent in recent weeks. On some days, it even dropped below 2 per cent.
SAM Bankman-Fried is expected to enter a plea next week to criminal charges he defrauded investors and looted billions of dollars in customer funds at his failed FTX cryptocurrency exchange.
FORMER Bank of Japan Deputy Governor Hirohide Yamaguchi, a vocal critic of Governor Haruhiko Kuroda’s stimulus programme, is emerging as a strong candidate to become next head of the central bank, the Sankei newspaper reported on Thursday.
GOLDMAN Sachs Group is working on a fresh round of job cuts that will be unveiled in a matter of weeks, chief executive officer David Solomon said in his traditional year-end message to staff.
MULTIPLE stress points are emerging in credit markets after years of excess, from banks stuck with piles of buyout debt, a pension blow-up in the UK and real-estate troubles in China and South Korea.
