Markets

The UK Financial Conduct Authority (FCA) has issued an order for banks and lenders to support borrowers that are struggling financially to repay their loans and mortgages. The decision was made on Thursday, and it came as many people across...

MetaQuotes has released an update for the MetaTrader 5 (MT5) trading platform. The company is also planning to release the beta version of this trading platform on Tuesday. The updated version will come with AI features. MetaQuotes updates MT5 with...

Digital Currency Group (DCG) has said that it will be shutting down its trade execution and prime brokerage division known as TradeBlock. The company attributed the closure of this subsidiary to concerns about the broader economy and an uncertain regulatory...

Bloomberg has partnered with MarketAxess and Tradeweb. The partnership agreement deal will support the creation of a joint venture company that will run a fixed-income consolidated tape provider (CTP) within the European Union. Bloomberg partners with MarketAxess and Tradeweb The...

The former director of Capital World Markets (CWM), Anthony Constantinou, has been found guilty of running a £70 million forex investment fraud. Constantinou was convicted by a jury at the Southwark Crown Court despite not being present during the hearing....

Meta, one of the leading tech companies in the US, is facing a €1.2 billion fine over its failure to comply with the privacy rulebook for the EU. The Irish Data Protection Commission said that Meta failed to comply with...

JPMorgan Chase & Co is expanding its commercial banking business, and it has announced new hires to support this expansion. The commercial banking business at the company targets tech startups and other companies that are still in their early stages....

Mizuho Financial Group has announced a purchase deal for a US M&A advisory company known as Greenhill & Co Inc. The company will be acquired for $550 million, with the company saying that this amount will also include debt. Mizuho...

Chevron Group has said that it will expand its oil and gas presence in the United States with the acquisition of PDC Energy Inc. Chevron will acquire PDC Energy through a stock-and-debt deal valued at $7.6 billion. Chevron To Expand...

Intel Corp has shared a few details about its artificial intelligence (AI) computing that it plans to release in 2025. The company is shifting its operational strategy as it competes against Nvidia Corp and Advanced Micro Devices Inc. Intel shares...

The co-founder of Microsoft, Bill Gates, has said that the competitive technology industry is changing. The race in the tech space currently revolves around the creation of a top artificial intelligence (AI) agent, according to Gates. This agent will disrupt...

The Moscow Exchange (MOEX) has released its financial results for the first quarter of 2023. The exchange generated RUB 1.47 billion worth of fees and commission income during the quarter. This figure was from the foreign exchange business at MOEX....

The Binance cryptocurrency exchange has announced it has integrated TradingView. Binance will be using the charting and analytics platform to boost its spot trading services and increase the interest that investors have in the cryptocurrency industry. Binance Integrates TradingView Binance...

Financial influencers, who are also known as finfluencers, have a solid presence in the retail market. However, these individuals are now facing scrutiny from regulators. There are concerns over the regulatory approach that should be used for finfluencers and whether...

Coinbase, the largest cryptocurrency exchange in the United States, has launched a zero-fee subscription service known as Coinbase One. This service allows traders to trade cryptocurrencies at no fee while also receiving high staking rewards. Coinbase Launches A Subscription Service...