Global Financial Turmoil
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"Bloodbath", "Historic": The Worst Market Crashes Since 1929
Monday's stock market collapse in Asia and Europe after China retaliated to steep US tariffs revived memories of similar market turmoil after the Covid pandemic and the last global financial crisis.
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Binance Withdraws Abu Dhabi Licence Bid as Crypto Exhange Reassesses Global Structure After CEO Turmoil
Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit, called BV Investment Management, pulled the application with Abu Dhabi's financial regulator, a spokesperson for Binance said on Thursday.
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"Addiction Forced Into System": Raghuram Rajan Expects More Bank Troubles
Raghuram Rajan, the former IMF chief economist who predicted the global financial crisis more than a decade ago - warned that the banking system is headed for more turmoil after the rescues of Silicon Valley Bank and Credit Suisse.
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Why Banks Are Failing And What Do You Need To Do Now
The financial world hasn't seen a week like this since 2008, with turmoil in the banking sector igniting fears that the global economy is on the brink of another crisis.
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FTX Collapse: How the Crisis-Hit Platform's Financial Struggles Are Affecting The Global Crypto Landscape
FTX was rocked by a dramatic series of events this week, centred around the crisis-hit platform's lack of liquidity. A deal with rival Binance fell through earlier this week, and the ongoing saga is reverberating across the global cryptocurrency landscape. From the impact of the collapse on rivals, to the chances of regulatory scrutiny, here's ever...
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RBI Leaves Interest Rate Unchanged, Raises Inflation Forecast
The RBI's policy announcement today is the first after the unveiling of Budget 2018 and comes amid a turmoil in global financial markets.
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RBI Monetary Policy Highlights: Repo Rate Kept Unchanged At 6%
The central bank held the repo rate unchanged. The Reserve Bank of India's policy announcement is the first after the release of Budget 2018 and comes amid a turmoil in global financial markets.
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RBI Policy Decision Today Amid Global Market Storm: 10 Points
The Reserve Bank of India or RBI is expected to keep repo rate unchanged at 6 per cent today even though inflation is above its medium-term target, according to a Reuters poll. But a majority of economists also expect the central bank's tone to turn hawkish in its latest policy decision, to be announced at 2:30 pm today. Retail inflation hit a 17-m...
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Sean Spicer Resigns As White House Press Secretary
White House spokesman Sean Spicer resigned on Friday, ending a brief, turbulent tenure that gained global notoriety, after President Donald Trump named adviser and Wall Street financier Anthony Scaramucci as his top communications official.
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Scots Spurn Independence in Historic Vote, Nationalist Leader Resigns
Scotland spurned independence in a historic referendum that threatened to rip the United Kingdom apart, sow financial turmoil and diminish Britain's remaining global clout.
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"Bloodbath", "Historic": The Worst Market Crashes Since 1929
Monday's stock market collapse in Asia and Europe after China retaliated to steep US tariffs revived memories of similar market turmoil after the Covid pandemic and the last global financial crisis.
-
Binance Withdraws Abu Dhabi Licence Bid as Crypto Exhange Reassesses Global Structure After CEO Turmoil
Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit, called BV Investment Management, pulled the application with Abu Dhabi's financial regulator, a spokesperson for Binance said on Thursday.
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"Addiction Forced Into System": Raghuram Rajan Expects More Bank Troubles
Raghuram Rajan, the former IMF chief economist who predicted the global financial crisis more than a decade ago - warned that the banking system is headed for more turmoil after the rescues of Silicon Valley Bank and Credit Suisse.
-
Why Banks Are Failing And What Do You Need To Do Now
The financial world hasn't seen a week like this since 2008, with turmoil in the banking sector igniting fears that the global economy is on the brink of another crisis.
-
FTX Collapse: How the Crisis-Hit Platform's Financial Struggles Are Affecting The Global Crypto Landscape
FTX was rocked by a dramatic series of events this week, centred around the crisis-hit platform's lack of liquidity. A deal with rival Binance fell through earlier this week, and the ongoing saga is reverberating across the global cryptocurrency landscape. From the impact of the collapse on rivals, to the chances of regulatory scrutiny, here's ever...
-
RBI Leaves Interest Rate Unchanged, Raises Inflation Forecast
The RBI's policy announcement today is the first after the unveiling of Budget 2018 and comes amid a turmoil in global financial markets.
-
RBI Monetary Policy Highlights: Repo Rate Kept Unchanged At 6%
The central bank held the repo rate unchanged. The Reserve Bank of India's policy announcement is the first after the release of Budget 2018 and comes amid a turmoil in global financial markets.
-
RBI Policy Decision Today Amid Global Market Storm: 10 Points
The Reserve Bank of India or RBI is expected to keep repo rate unchanged at 6 per cent today even though inflation is above its medium-term target, according to a Reuters poll. But a majority of economists also expect the central bank's tone to turn hawkish in its latest policy decision, to be announced at 2:30 pm today. Retail inflation hit a 17-m...
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Sean Spicer Resigns As White House Press Secretary
White House spokesman Sean Spicer resigned on Friday, ending a brief, turbulent tenure that gained global notoriety, after President Donald Trump named adviser and Wall Street financier Anthony Scaramucci as his top communications official.
-
Scots Spurn Independence in Historic Vote, Nationalist Leader Resigns
Scotland spurned independence in a historic referendum that threatened to rip the United Kingdom apart, sow financial turmoil and diminish Britain's remaining global clout.
