China State Banks Seen Selling US Dollars to Prop Up Yuan -Sources
China's major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade.
China's major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade.
Chinese regulators met with global investors according to people familiar with the matter stepping up government’s bid to boost market confidence.
Public funds going to British royal family are expected to be cut as new deals for offshore wind farms are expected to increase Crown Estate profits.
Citigroup won dismissal $112M suit by trader who claimed bank falsely implicated him in US criminal probe of price-fixing in foreign exchange market.
Two exchange-traded funds designed to profit from overnight gains on US stocks are set to shutter after lagging their daytime counterparts.
Illinois reached a tentative deal to settle a nearly decade-long lawsuit that alleged about a dozen of the biggest US banks engaged in price fixing.
U.S. financial regulators have not yet issued rules on climate-related financial risks, though some agencies have taken more steps in that direction.