The Japanese inflation report indicated that the annualised CPI print had risen to 3.3%, a new 10-year high, compared to the previous month when annual inflation was recorded at 3.0%. However, the monthly inflation print was most exciting as it showed that inflation rose to 0.7% in October compared to September’s 0.3% print. The Bank…
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In her stead, the Group is pleased to announce the appointment of Sarah Perry as an Independent Non-Executive Director, effective December 4, 2023. Sarah will also join the Audit, Remuneration, and Nominations Committees. Sarah Perry brings a wealth of experience in supply chain and logistics, notably in her current position as Vice President for integrated…
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Charged with breaking US anti-money-laundering laws, fraudulent customer funds management and conspiracy to commit fraud, Zhao now faces a $4.3bn settlement that must be paid to cover a federal investigation into Binance’s illegal activities by US Securities and Commission Exchange (SEC). _____________________________________________________________________________________________________________________________________ Don’t miss out the latest news, subscribe to LeapRate’s newsletter _____________________________________________________________________________________________________________________________________ To counter…
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As such, it sets out the minimum requirements for technology and cyber risk management that DPT service providers have to comply with. To mitigate risks, Singapore’s financial watchdog recommends the DPT platforms discourage retail speculation in cryptocurrencies. The proposed consumer access measures determine that DPT service providers should be responsible for determining a customer’s understanding…
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It took almost 300 days to form the coalition of Mark Rutte, the previous prime minister, and this shock win is raising eyebrows as Wilders’s party believes in leaving the European Union (EU), tightening immigration laws, and higher taxes for banks. Many feel this will alter the collaborative image associated with the Netherlands. In the…
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The primary objective of ARGT is to offer investors a diversified portfolio that mirrors the growth potential of significant players in Argentina's financial markets. One notable aspect of this offering is its alignment with eToro's zero-commission policy in eligible regions, making it an appealing choice for individuals seeking to invest in the Argentine market without…
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These declines pushed these sectors further into contractionary territory. Furthermore, the impact of the Reserve Bank of Australia's (RBA) meeting minutes still lingers, as the board reiterated concerns about inflation and the potential for future interest rate hikes. Despite these setbacks, there was a glimmer of positivity for the Australian dollar from China. Beijing's announcement…
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The innovators of ChatGPT responded by headhunting and hiring Emmett Shear, the former head of the Twitch streaming site. This debacle led to 700 employees putting their names to paper, threatening to leave the company and join Microsoft (MSFT.O) if Altman was not reinstated. The newly appointed interim CEO Mira Murati took to X (formerly…
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The $69bn deal is one of the biggest in the international tech arena and became public knowledge in May 2022. This announcement triggered worldwide regulatory scrutiny, starting a lengthy back-and-forth before obtaining the go-ahead from China and the European Commission. China gave its stamp of approval on Tuesday, which effectively dotted and crossed all requirements.…
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Clients can now hedge their FX exposure against non-convertible currencies on a Central Limit Order Book (CLOB). Transparent price discovery, efficient market structure, firm limit order market data, deeper liquidity and streaming real-time will now be available to all participants. LMAX intends to create a more diversified offering for institutional investors. That results from a…
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