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Search Result for “financial services”

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Binance to pay billions in US in money laundering case, CEO resigns

AFP, Published on 22/11/2023

» WASHINGTON - Binance chief executive Changpeng Zhao pleaded guilty Tuesday to US money laundering violations, in a deal that will see the cryptocurrency exchange he founded pay over $4 billion in penalties.

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Asian markets join global rally as China data beats forecasts

AFP, Published on 15/09/2023

» HONG KONG - Asian markets rallied Friday as forecast-busting Chinese data boosted hopes the world's number-two economy may be stabilising after an extended slowdown.

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China developer Evergrande plunges on resuming Hong Kong trading

AFP, Published on 28/08/2023

» HONG KONG - Shares in troubled Chinese property giant Evergrande plummeted more than 80 percent in Hong Kong on Monday morning after the lifting of a 17-month trading suspension.

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UK inflation drops to 15-month low

AFP, Published on 16/08/2023

» LONDON: Britain's annual inflation rate dropped sharply in July to a 15-month low, official data revealed Wednesday, off the back of lower energy prices and in line with economists' expectations.