Coinbase Reports Impressive Q1 Revenue of Above $1 Billion Following Bitcoin Rally
Coinbase announced a better-than-expected revenue in its first-quarter earnings report on Thursday after a bitcoin rally led to a surge in profit.
Finance/Venture
Japan's Finance Minister Stresses Close Coordination with Bank of Japan
Japanese Finance Minister Shunichi Suzuki told reporters about the importance of the government cooperating and coordinating its financial goals with the Bank of Japan.
OpenAI Startup Fund Secures Additional $5 Million in Latest Funding Round
The OpenAI Startup Fund has successfully raised an additional $5 million...
RBNZ Expects 2.3% Drop in New Zealand’s Q2 Inflation Rate
The Reserve Bank of New Zealand is expected to report a drop in its second quarter 2024 interest rates, which could be estimated to be at 2.3%...
Shein Pushing for London IPO Launch Amid US Listing Hurdles
Chinese fast-fashion giant Shein is reportedly intensifying its efforts for a London stock market debut amid uncertainty on the likelihood of receiving approval from the US Securities and Exchange Com..
US Federal Judge Overturns $8 Cap on Late Credit Card Fees
US District Court Fort Worth judge Mark Pittman blocked the new rule i...
US Now Considers Sanctioning Chinese Banks Supporting Russia's Ukraine Invasion—Will This Work?
The U.S. government weighs sanctions targeting Chinese banks. Can this...
Latest News
Goldman Sachs Removes Bonus Cap for UK Bankers
After the UK removed local pay restrictions for bankers last year, Goldman Sachs was the first to remove its bonus cap for its bankers.
Trump Media CEO Calls for GOP Investigation Into Potential Short Selling by Eight Financial Firms
Nunes demands a GOP-led probe into short-selling by eight firms affecting DJT stock. DJT shares fluctuate; short sellers face steep costs, deterring professional managers.
Australia's Macquarie Bank Terminating Cash Transactions in All Branches as It Shifts to Fully Digital Banking Services
Australia's Macquarie Bank will eliminate the use of cash at its branches later this month as part of its transition to a fully digital offering.
JPMorgan Chase to Pay a Civil Penalty of $100 Million Over Trade Reporting Gaps
JPMorgan Chase is expected to reach a resolution with a third US regulator that will require the bank to pay a civil penalty of $100 million.
Donald Trump Secures Another $1.6 Billion Worth of Shares in Trump Media
Former President Donald Trump has received another $1.6 billion worth of shares in Trump Media & Technology Group.
BlackRock Joins Saudi PIF for $5B Investment in Riyadh's BRIM Platform
BlackRock and Saudi Arabia's PIF launched BRIM, a $5 billion investment platform in Riyadh. The platform aims to boost foreign investment, support local markets, and foster economic transformation.
Nationwide's Move to Stop Lending on UK Flood-Risk Properties Might Encourage Banks to Do the Same!
Nationwide and two more significant lenders in the U.K. decided to increase their rates on new fixed deal mortgages.
Will Binance Founder Serve Prison Time? Here's What Experts Say About Changpeng Zhao's Money Laundering Case
Binance founder Changpeng Zhao will soon be sentenced. Will the billionaire serve prison time?
Philippines Ramps Up 2024 Borrowing to P2.57 Trillion Amid Fiscal Concerns
Philippines ramps up borrowing to P2.57 trillion, a 4% increase, addressing fiscal needs amid economic challenges. Economists raise concerns about implications on deficit, debt, and interest rates.
