Spain's competition authority has started disciplinary action involving the country's six listed banks, including Santander and BBVA, over suspected anti-competitive conduct in the mortgage sector. The CNMC is looking into whether some executives publicly outlined their ba
The BGMEA thanked the country's finance minister for efforts to keep the country's macroeconomic stability intact, ensure business facilitation, and establish long-term policy stability for investors amid multiple global and domestic economic challenges. It said the new bu
Markets await Fed decision with US 10-year yields up 1.3 bps The focus has shifted to the FOMC meeting decision later today, with no changes expected in terms of policy setting. The dollar is keeping steadier, holding slight gains on the day as the push and pull this
By Alun John and Rae Wee LONDON/SINGAPORE, June 17 The dollar inched higher against most major peers on Wednesday ahead of the Federal Reserve's first policy decision under chair Kevin Warsh, which could see some volatility as investors adjust to a new style of policy making and...</stron
Berlin rejects UniCredit’s offer citing insufficient premium and reaffirms Commerzbank’s standalone role in Germany’s economy. Germany’s government rejected UniCredit’s proposal to acquire a stake in Commerzbank via a share exchange, citing financial inadequacy. The Financ
Amazon Web Services and Google Cloud report strong year-over-year revenue growth amid rising enterprise AI demand. Amazon and Alphabet posted significant gains in cloud revenue, fueled by expanding artificial intelligence adoption. Amazon Web Services (AWS) sales rose 28%
Bitcoin and Ethereum dip slightly at open but remain up 6.4% and 9.3% week-over-week as investors await Fed policy outcome. Bitcoin (BTC-USD) opened at $65,605.45 on Wednesday, down 1% from Tuesday’s open but 6.4% higher than the same time last week. As of 7:29 a.m. ET, th
Bitcoin’s 12% monthly drop leaves 80% of $10.6 billion in June 26 options expiring worthless, data shows. Bitcoin’s 12% decline in June has pushed $8.6 billion of options expiring June 26 out of the money, leaving only 20% of positions profitable. The $10.6 billion expiry
Space Exploration Technologies Corp. agreed to acquire Anysphere, Inc., the parent company of AI coding tool Cursor, in an all-stock deal valuing the startup at $60 billion, the company said Tuesday. SpaceX will issue Class A common stock to Cursor shareholders as consider
Key Takeaways - ECB President Christine Lagarde warned that tokenized finance cannot scale without central bank money. - Lagarde argued that private stablecoins lack the trust and flexibility needed for institutional adoption. - The ECB believes central bank money is the only...<
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