US House passes crypto bill despite warnings from SEC The US House of Representatives on Wednesday passed a bill that aims to create a new legal framework for digital... Published 23 May, 2024 11:11am
World US judge orders Elon Musk to testify in SEC’s Twitter probe NEW YORK: A federal judge ordered Elon Musk to testify again in the US Securities and Exchange Commission’s probe... Published 12 Feb, 2024 06:26am
Business & Finance Bitcoin down 20pc from post-ETF highs LONDON: Bitcoin has fallen over one fifth since its peak earlier this month, hit after the United States approved ... Published 24 Jan, 2024 05:07am
Business & Finance Bitcoin ETFs begin trading in end to decade-long tussle with SEC NEW YORK: Several exchange-traded funds (ETFs) tied to the spot price of bitcoin began trading in the US on Thursday... Published 12 Jan, 2024 03:06am
Markets World’s biggest bond markets left picking up the pieces after March mayhem AMSTERDAM/NEW YORK: In mid-March, as prices for US Treasury bonds swung wildly following the collapse of Silicon... Published 28 Apr, 2023 11:48am
Technology Ousted execs sue Twitter for job-related legal bills SAN FRANCISCO: Three top Twitter executives who were sacked by Elon Musk last year when he took over the social... Published 11 Apr, 2023 11:11am
Business & Finance Abraaj founder Arif Naqvi loses challenge to US extradition on fraud charges LONDON: The founder of collapsed private equity company Abraaj Group on Wednesday lost a bid to challenge his... Published 08 Mar, 2023 11:09pm
Markets Morgan Stanley hit bankers with up to $1mn in penalties for messaging breaches Morgan Stanley has hit financial penalties on employees using messaging platforms such as WhatsApp and others for... Published 26 Jan, 2023 11:38am
Technology Musk on the move at Twitter after takeover finalized SAN FRANCISCO: Elon Musk has hit the ground sprinting after his Twitter takeover, seeking major changes to the... Published 01 Nov, 2022 09:29am
Business & Finance Recordkeeping failures: US fines 16 major Wall Street firms $1.1bn WASHINGTON: The US Securities and Exchange Commission on Tuesday fined 15 broker-dealers and one investment adviser,... Published 28 Sep, 2022 05:51am
Technology Wall Street WhatsApp probe set to result in historic fine: Bloomberg Law U.S. regulators are set to announce a settlement with firms across Wall Street for failing to monitor employees... Published 27 Sep, 2022 08:30pm
Business & Finance Oracle to pay about $23mn to resolve a second SEC bribery case Oracle Corp will pay about $23 million to resolve charges its units in Turkey, the United Arab Emirates and India... Updated 27 Sep, 2022 07:04pm
Technology Globally: asset managers on alert after 'WhatsApp' crackdown on banks LONDON: Asset managers are tightening controls on personal communication tools such as WhatsApp as they join banks ... Published 18 Aug, 2022 06:44pm
Business & Finance ECB, IMF call on climate standard setters to align company disclosures LONDON: A global standard setter for company climate disclosures should align with European and US alternatives for... Published 09 Aug, 2022 03:37am
Markets Coinbase faces SEC probe over cryptocurrency listings The US Securities and Exchange Commission is investigating whether Coinbase Global Inc improperly permitted... Published 26 Jul, 2022 09:58am
Business & Finance Personal devices: BoA puts aside $200m for probe into bankers’ use Company CFO expects matter to be settled soon. Published 19 Jul, 2022 06:00am
World Elon Musk files appeal to end SEC decree over Twitter posts NEW YORK: Elon Musk on Wednesday appealed a judge’s refusal to end his 2018 agreement with the U.S. Securities and... Published 15 Jun, 2022 07:52pm
Business & Finance US SEC rejects carbon-neutral bitcoin ETF NEW YORK: The US Securities and Exchange Commission on Friday rejected a proposal to list and trade a carbon-neutral... Published 30 May, 2022 05:53am
Markets U.S. SEC looking into Musk's Twitter stake purchase The U.S. Securities and Exchange Commission (SEC) is looking into Tesla Chief Executive Officer Elon Musk's... Published 27 May, 2022 09:11pm
Technology Elon Musk drops plans to join Twitter board, deletes weekend tweets WASHINGTON: Elon Musk rejected Twitter Inc’s offer to join its board, an abrupt turn even as he suggested ideas in... Published 12 Apr, 2022 05:17am
Markets Hong Kong stocks hit month high HONG KONG: Hong Kong stocks reached a one-month high on Monday, led by Hong Kong-US dual listed companies, after a... Published 05 Apr, 2022 05:38am
Business & Finance Beijing eyes cooperation with US on audits of Chinese firms BEIJING: Beijing on Saturday proposed scrapping a rule that prevents US authorities from inspecting the audits of... Published 03 Apr, 2022 05:34am
Business & Finance Investment recommendations US SEC issues new guidance for brokers, advisors WASHINGTON: The US Securities and Exchange Commission (SEC) on Wednesday issued new guidance to broker dealers and... Published 31 Mar, 2022 05:11am
Markets Elon Musk, Tesla attack SEC for 'unrelenting' probe NEW YORK: Tesla Inc and its Chief Executive Elon Musk on Thursday accused the US Securities and Exchange Commission... Published 17 Feb, 2022 06:55pm
Business & Finance Crypto firm BlockFi to pay $100m to settle US SEC, state charges WASHINGTON: A subsidiary of crypto company BlockFi Inc has agreed to pay $100 million to the US Securities and... Published 15 Feb, 2022 06:45am
World US authorities charge Chicago doctor with insider trading WASHINGTON: US authorities have charged a Chicago doctor with insider trading, accusing him of using nonpublic... Published 21 Dec, 2021 04:14am
Markets US SEC to tighten insider trading rules, boost money market fund resilience WASHINGTON: The US Securities and Exchange Commission (SEC) on Wednesday will propose tightening a legal safe-harbor... Updated 15 Dec, 2021 09:11pm
Business & Finance Investor inquisition awaits Credit Suisse chairman after scandals ZURICH: Credit Suisse's new chairman is expected to face a barrage of questions this week after a series of scandals... Published 02 Nov, 2021 05:20am
Business & Finance US SEC investigating Deutsche Bank's DWS over sustainability claims DWS and Deutsche Bank declined to comment Published 26 Aug, 2021 01:31pm
World SEC ousts head of accounting watchdog, puts rest of board on notice WASHINGTON: The US Securities and Exchange Commission (SEC) on Friday said it had removed the head of the oversight... Published 06 Jun, 2021 02:56am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points