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Hong Kong vs. Mainland China: An Overview Hong Kong is one of Asia’s busiest hotspots. Not only is it an international financial hub, business center, shopping paradise, and tourist destination, but it is also a special administrative region (SAR) of China. As such, Hong Kong is an inalienable part of China and, at times, has resisted Beijing’s interference in its political life. Pro-democracy activists in Hong Kong would like the region to remain distinct from other Chinese cities. That makes the relationship between Hong Kong and mainland China complex. Having said that, mainland China and Hong Kong complement each other economically…
The Financial Regulator Industry Authority has fined Goldman Sachs 3 million dollars for mistakenly marking some of its stock orders as long instead of short and for violating trade reporting regulations. According to FINRA between October 2015 and April 2018 Goldman Sachs mismarked over 60 million short sales orders. #goldmansachs #fine #businessnews About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour,…
Listen to this story. Enjoy more audio and podcasts on iOS or Android.Your browser does not support the <audio> element.In recent weeks, China’s economic policymaking has been not just inadequate but a little skittish. On January 23rd draft rules on video games disappeared from the regulator’s website a month after their appearance, as if they had never existed. The regulations, which would have sprinkled games with pop-up warnings against “irrational consumption behaviour”, had triggered a steep sell-off in the shares of tech companies like Tencent.The following day, Pan Gongsheng, governor of China’s central bank, held an unusual press conference in…
These Altcoins Are Showing High Social Dominance After Recent Price Swings
According to crypto intelligence platform Santiment, some altcoins have been enjoying increased attention from investors over the past few days. This comes as the crypto market continues to undergo a positive recovery from its recent slump in the aftermath of the Bitcoin ETF launch. These Altcoins Show Potential For More Profit: Santiment In a post on the X platform, Santiment revealed that three altcoins, including Chainlink (LINK), Immutable X (IMX), and Pyth (PYTH), have become assets of mainstream interest in the past few days. This revelation is based on their performance in terms of Social Dominance, an indicator that compares…
Landlords can suffer a ‘double jeopardy’ of tenants committing anti-social behaviour and taking action against them due to selective licensing schemes, Landlord Licensing & Defence has warned. Des Taylor, a director of Landlord Licensing & Defence, said: “There are cases currently being defended where tenants have confessed to damaging the property and not permitting access, yet the landlord and agent are being enforced against under licence conditions. “Many landlords and agents do not realise how important it is to comply with them.” The organisation noted that selective licensing schemes are meant to improve the standards and management of private rented…
Your 50s are not the time to slow down on retirement planning Email icon Facebook icon Twitter icon Linkedin icon Flipboard icon Jan. 29, 2024 at 11:00 a.m. ET Retirement is right on the horizon, so keep the momentum going. Here are the additional contributions available in your 50s and what to keep in mind as you get closer to your goal. Source link
Since first coming to power in 2012, Xi Jinping has preached economic reform as the way to achieve the Chinese Dream. Some of the reform measures are aimed at deepening China’s financial markets and giving stock markets a greater role in financing corporate investment. Considered home to the deepest financial markets in the world, the U.S. may have just the blueprints for the kind of stock market development the Chinese government is looking to foster. We provide an overview of the U.S. and Chinese stock markets with some of the unique differences between the two. Key Takeaways Chinese stock markets…
Crypto Exchange Binance.US Halts Dollar Deposits after SEC Crackdown The U.S. arm of the world’s largest crypto exchange Binance announced on Thursday it is suspending U.S. dollar deposits, days after U.S. regulators sued the company and its CEO. In a notice it tweeted, the platform said its banking partners are preparing to pause fiat dollar withdrawal channels as early as next Tuesday. USA | Binance | Crypto Exchange | Bitcoin | US Dollar | Coinbase | Cryptocurrency | Changpeng Zhao | US Securities and Exchange Commission | Firstpost | World News | Global News | International News | Latest News…
J Studios/DigitalVision via Getty Images Right before we entered February, the Fed delivered quite hawkish message relative to what was baked into the cake by the market. While it was not a surprise that there will not be any interest rate cuts now, the commentary on future decisions was not as accommodative as the market hoped for. CME Group The chart above captures the essence very well, where we can see how the probabilities of an interest rate cut have steadily decreased, with another calibration to the downside happening right after the recent Fed meeting. FOMC; St. Louis Fed Having…
LINK up +15.43%, BTC +2.25%, Chainlink is The Coin of The Day – Daily Market Update for Feb 02, 2024 | CoinCodex
Key highlights:The total cryptocurrency market cap increased from $ 1.63T to $ 1.66T in the past 24 hours, representing a 2.12% changeThe Bitcoin price at press time is $ 43,104 after growing by 2.25% in the last 24 hoursThe total crypto trading volume increased by 2.12% in the past 24 hours, and is currently at $ 172.57BAll prices and changes are presented at the time of publication: February 2, 2024, at 06:00 UTCMarket OverviewThe total cryptocurrency market cap is currently $ 1.66T after a 2.12% increase on the day. The total crypto trading volume increased by 2.12% in the same time frame.Bitcoin is trading at…