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Fed's Powell: Will act 'when and as' needed, regardless of election
Reuters via Yahoo Singapore Finance· 11 hours agoIn response to a Republican lawmaker's question about the possibility of the Fed cutting interest...
Exonerated trader settles $150 million lawsuit against Deutsche Bank
Reuters via Yahoo Singapore Finance· 11 hours agoBank's appeal from that decision is on hold until at least September, court records show. Black's...
Citigroup hit with $136M in fines over data management issues
Investing.com via Yahoo Singapore Finance· 12 hours agoInvesting.com - Citigroup Inc (NYSE:C) has been fined $136 million after the bank was found to have made insufficient progress in addressing its data quality management issues.
Bill Hwang convicted over Archegos Capital's 2021 collapse
Investing.com via Yahoo Singapore Finance· 12 hours agoInvesting.com - Sung Kook "Bill" Hwang, the founder of Archegos Capital Management, was found guilty by a jury in Manhattan federal court on Wednesday on charges of market manipulation tied ...
CGI Group (GIB) Expands Clientele With the State of Colorado
Zacks via Yahoo Singapore Finance· 12 hours agoCGI Group (GIB) is selected by Colorado to modernize payroll operations with CGI Advantage, boosting...
Germany’s sale of 0.25% of the world’s Bitcoin adds to crypto market jitter
Fortune via Yahoo Singapore Finance· 12 hours agoAdding to the sell pressure has been Mt. Gox last week commencing Bitcoin repayments worth $9...
Should You Add Citigroup (C) Stock Ahead of Its Q2 Earnings?
Zacks via Yahoo Singapore Finance· 12 hours agoDecent loan demand and solid IB and trading businesses are likely to have aided Citigroup's (C)...
Powell stresses message that US job market is cooling, a possible signal of coming rate cut
Associated Press Finance via Yahoo Singapore Finance· 13 hours agoFederal Reserve Chair Jerome Powell on Wednesday reinforced a message that the Fed is paying growing...
Stock Market Today: S&P 500 closes above 5,600 for first time; inflation data eyed
Investing.com via Yahoo Singapore Finance· 13 hours agoInvesting.com-- The S&P 500 closed above 5,600 for the first time Wednesday, led by tech and ongoing hopes for sooner rate as Fed Chair Jerome Powell delivered his second-day of testimony before Congress, a day ahead of fresh inflation data.
Asia leads as EM portfolios see 8th consecutive month of inflows -IIF
Reuters via Yahoo Singapore Finance· 13 hours agoEmerging market portfolios attracted foreign inflows for an eighth consecutive month in June with...