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Google Play Store Blocks 17 Unregistered Crypto Exchanges in South Korea, Apple May Follow
Google Play has restricted access to 17 foreign crypto exchanges in South Korea, including KuCoin, in compliance with a regulatory directive. These exchanges can no longer be installed on Android devices within the country. The move aligns with South Korea’s efforts to regulate the digital asset market and enforce compliance among overseas platfo...
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India To Soon Top China Among Emerging Global Markets: Morgan Stanley
India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that is "only past the halfway mark", Morgan Stanley said.
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Bitget Working With FIU-IND to Obtain Licensing to Operate in ‘Key Market’ India
Bitget has called India a ‘key market’ as it said that it is working to get an FIU registration to operate in India. With the FIU registrations, crypto firms agree to implement strict KYC system, maintain transaction records, and report suspicious transactions.
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Fund Set Up By Kotak Mahindra Bank Used To Short Sell Adani Enterprises
Market regulator Securities and Exchange Board of India (SEBI) has alleged that foreign portfolio investor Kingdon Capital Management LLC and its entities aided Hindenburg to indirectly participate in Adani Enterprises Ltd.
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SEBI Issues Show Cause Notice To Hindenburg, Nathan Anderson Over Adani Report
Markets regulator Securities and Exchange Board of India (SEBI) has issued a show cause notice to Hindenburg Research LLC, Nathan Anderson, and the entities of Mauritius-based foreign portfolio investor Mark Kingdon.
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RBI Sold Net $3.6 Billion In Spot Forex Market In April
The Reserve Bank of India (RBI) sold $3.65 billion on a net basis in the spot foreign exchange market in April, data released on Wednesday as part of the central bank's monthly bulletin showed.
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Paytm CEO Vijay Shekhar Sharma Said to Be in Talks With RBI Over Regulatory Concerns
Paytm Chief Executive Vijay Shekhar Sharma met the Indian central bank on Monday to discuss plans to address regulatory concerns, two sources with direct knowledge of the talks said on Tuesday, days after the regulator imposed curbs on its banking affiliate.
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Pak Currency Plunges To 262 Against Dollar Amid IMF Aid Uncertainty
Cash-strapped Pakistan's currency depreciated to its lowest against the US dollar on Friday in the interbank and open market and closed at Rs 262.6.
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Microsoft Q2 Earnings Fall Short of Expectations Amid China Production Holdups, Strong Dollar Hits Sales
Microsoft’s second quarter earnings fell shy of expectations, the tech giant announced on Tuesday. The announcement comes on the back of production holdups in China in May, and weakening demand for PCs among users. The company also said that the earnings dive was due to foreign exchange rates and shutdowns of PC factories in China. However, Micro...
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Indian-origin Man Convicted For Price Fixing In US Foreign Exchange Market
An Indian-origin former currency trader was convicted for his participation in an antitrust conspiracy to manipulate prices for emerging market currencies in the global foreign currency exchange market (FX), the Justice Department announced.
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Tim Cook Reveals Why Apple Is Struggling to Sell iPhones in Emerging Markets Like India
Apple CEO blamed foreign exchange, lack of subsidy, and battery replacement program for the slow iPhone sales in emerging markets.
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Apple Sold 46.9 Million iPhones in the Last Quarter, Slightly Below Expectations
Apple executives said unit sales are becoming less relevant as customers buy bundled products that include subscription services like Apple Music.
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Exchanges To Stop Licensing Stock Price Data To Foreign Bourses
Foreign exchanges and trading platforms can no longer use Indian indexes and data for derivatives.
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Why The Rupee Is Rising Against US Dollar
The rupee gave up early gains after hitting 63.25 against the US dollar at day's high.
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India's Foreign Exchange Reserves Hit $400 Billion For First Time: 5 Points
The surge in India's forex reserves is likely to help rupee withstand any volatility that may be seen on exodus of foreign funds from India's debt and equity markets, analysts say.
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Google Play Store Blocks 17 Unregistered Crypto Exchanges in South Korea, Apple May Follow
Google Play has restricted access to 17 foreign crypto exchanges in South Korea, including KuCoin, in compliance with a regulatory directive. These exchanges can no longer be installed on Android devices within the country. The move aligns with South Korea’s efforts to regulate the digital asset market and enforce compliance among overseas platfo...
-
India To Soon Top China Among Emerging Global Markets: Morgan Stanley
India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that is "only past the halfway mark", Morgan Stanley said.
-
Bitget Working With FIU-IND to Obtain Licensing to Operate in ‘Key Market’ India
Bitget has called India a ‘key market’ as it said that it is working to get an FIU registration to operate in India. With the FIU registrations, crypto firms agree to implement strict KYC system, maintain transaction records, and report suspicious transactions.
-
Fund Set Up By Kotak Mahindra Bank Used To Short Sell Adani Enterprises
Market regulator Securities and Exchange Board of India (SEBI) has alleged that foreign portfolio investor Kingdon Capital Management LLC and its entities aided Hindenburg to indirectly participate in Adani Enterprises Ltd.
-
SEBI Issues Show Cause Notice To Hindenburg, Nathan Anderson Over Adani Report
Markets regulator Securities and Exchange Board of India (SEBI) has issued a show cause notice to Hindenburg Research LLC, Nathan Anderson, and the entities of Mauritius-based foreign portfolio investor Mark Kingdon.
-
RBI Sold Net $3.6 Billion In Spot Forex Market In April
The Reserve Bank of India (RBI) sold $3.65 billion on a net basis in the spot foreign exchange market in April, data released on Wednesday as part of the central bank's monthly bulletin showed.
-
Paytm CEO Vijay Shekhar Sharma Said to Be in Talks With RBI Over Regulatory Concerns
Paytm Chief Executive Vijay Shekhar Sharma met the Indian central bank on Monday to discuss plans to address regulatory concerns, two sources with direct knowledge of the talks said on Tuesday, days after the regulator imposed curbs on its banking affiliate.
-
Pak Currency Plunges To 262 Against Dollar Amid IMF Aid Uncertainty
Cash-strapped Pakistan's currency depreciated to its lowest against the US dollar on Friday in the interbank and open market and closed at Rs 262.6.
-
Microsoft Q2 Earnings Fall Short of Expectations Amid China Production Holdups, Strong Dollar Hits Sales
Microsoft’s second quarter earnings fell shy of expectations, the tech giant announced on Tuesday. The announcement comes on the back of production holdups in China in May, and weakening demand for PCs among users. The company also said that the earnings dive was due to foreign exchange rates and shutdowns of PC factories in China. However, Micro...
-
Indian-origin Man Convicted For Price Fixing In US Foreign Exchange Market
An Indian-origin former currency trader was convicted for his participation in an antitrust conspiracy to manipulate prices for emerging market currencies in the global foreign currency exchange market (FX), the Justice Department announced.
-
Tim Cook Reveals Why Apple Is Struggling to Sell iPhones in Emerging Markets Like India
Apple CEO blamed foreign exchange, lack of subsidy, and battery replacement program for the slow iPhone sales in emerging markets.
-
Apple Sold 46.9 Million iPhones in the Last Quarter, Slightly Below Expectations
Apple executives said unit sales are becoming less relevant as customers buy bundled products that include subscription services like Apple Music.
-
Exchanges To Stop Licensing Stock Price Data To Foreign Bourses
Foreign exchanges and trading platforms can no longer use Indian indexes and data for derivatives.
-
Why The Rupee Is Rising Against US Dollar
The rupee gave up early gains after hitting 63.25 against the US dollar at day's high.
-
India's Foreign Exchange Reserves Hit $400 Billion For First Time: 5 Points
The surge in India's forex reserves is likely to help rupee withstand any volatility that may be seen on exodus of foreign funds from India's debt and equity markets, analysts say.
