Markets

Monex Group, based in Japan, has released its financial results for the 2023 financial year. The results show a notable drop in revenue and profitability annually. In the results, the company reported a significant growth in US profitability while the...

The CME Group has released its results for the first quarter of 2023. The derivatives marketplace reported revenues of $1.4 billion during the first three months of 2023. The reported revenues during the quarter were the second-highest quarterly revenues reported...

The UK Financial Conduct Authority has reported "gaps in surveillance" among companies offerings contracts for difference (CFD) products. The FCA addressed these gaps in market abuse and manipulation in the latest market abuse peer review or Market Watch. FCA reveals...

XTB, one of the largest online trading platforms, has reported strong results for the first quarter of 2023. The broker had a consolidated net profit of EUR 64.4 million in Q1 2023, a 19.9% year-over-year increase. XTB reports record profits...

Google’s parent company, Alphabet, plans to buy back $70 billion worth of stock. The buyback plan also comes after the company released its profits and revenue for the first quarter, which topped estimates. The company also reported increased demand for...

A senior executive at one of the largest banks in the United States, Citigroup, has resigned after reports of his meetings with Jeffrey Epstein. The executive in question, Paul Barrett, had resigned from the bank a few days after media...

Russian President Vladimir Putin has signed a decree seizing temporary control of the Russian assets belonging to two foreign energy companies. The move signals that Russia could take the same action against other companies if necessary. Russia seizes assets of...

JBS USA has terminated its contract with a US company that was fined for hiring kids to clean meat plants. The company announced the termination of this contract on Monday, adding that some of its work was brought in-house to...

SpaceX has obtained approval from the US Space Force to lease a second rocket launch complex at a military base located in California. With this approval, the space company has secured its fifth launch site in the US. SpaceX gets...

First Republic Bank revealed that its deposits dropped by over $100 billion during the first quarter of 2023 as the lender explored options to restructure its balance sheet. Despite the significant decline in deposits, the bank’s profits surpassed expectations. First...

Bed Bath & Beyond, one of the largest retailers in the United States, has filed for Chapter 11 bankruptcy protection. The filing comes after the company failed to raise enough capital to sustain operations. The retailer has already started a...

Adani Ports and Special Economic Zone, based in India, has started a buyback program for certain debt securities. The buyback program will go towards prepaying part of the company’s loans that are due in 2024. Adani Ports starts buyback program...

The Chief Executive Officer at NBCUniversal, Jeff Shell, is exiting his role at the company after acknowledging an inappropriate relationship with a woman working at the company. An investigation into this relationship was conducted by NBCUniversal's parent company, Comcast Corp...

Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), has charged 24 individuals for market manipulation. These charges are associated with multiple ramp-and-dump stock investment schemes announced by the company. SFC charges 24 for ramp-and-dump investment schemes The charges...

Darwinex recently launched the Darwinex Zero trading platform, a unique concept in the industry. The company’s co-founder and CEO, Juan Colón, has now said that this platform does not fit within any regulatory perimeter because of the nature of its...