Olayemi Cardoso took over after previous chief printed money to fund deficits
Even more serious than Fed rate rises would be a politically driven devaluation of the US currency
Hedging foreign exchange exposure becomes more important amid increasing geopolitical risk and diverging economies
As phone theft surges, how can you protect your financial data?
Plus, Robinhood receives a Wells notice and better news for FTX customers
Funds that were willing to buy claims for cents on the dollar and wait for the bankruptcy process to play out have earned
Hong Kong’s first spot crypto ETFs launched at the end of last month
Resilience of global economy, higher commodity prices and support from IMF help drive returns for lower-rated bonds
Krona falls against dollar after Riksbank trims main rate to 3.75%, its first reduction for eight years
Investors raise short positions to 16-month high as conviction grows that UK borrowing costs will fall ahead of US
Reorganisation plan for Sam Bankman-Fried’s failed crypto exchange will pay 118 cents on the dollar
New bills worth $11 aim to help population avoid having to carry bricks of cash
Government agency has a mandate to regulate securities, not technology
Retail brokerage says ‘Wells notice’ comes after years of attempts to seek regulatory clarity
If there is pressure on the Chinese currency, it could have far-reaching economic and political consequences
Senior monetary official says central bank prepared to do more after intervening to shore up rupiah
Washington’s crackdown shows its leverage over global banking system
US currency likely to stay stronger for longer with little obvious on the horizon to dent its strength
Plus, CZ gets four months and outflows from bitcoin ETFs
Government interventions this week fail to ease concerns about plunging currency
The battering sustained by the yen since January is causing alarm in some quarters
The strong greenback changes economies around the globe, whether they like it or not.
Founder of cryptocurrency exchange had pleaded guilty to failing to establish proper money laundering controls
Central bank data all but confirms Monday’s market intervention, as currency resumes slide against US dollar
Rollout of spot bitcoin and ether exchange traded funds follows launch of similar products in US
UK Edition