Ecuador Rating Cut by Fitch After Killing as Key Election Nears
Ecuador had its credit score slashed Wednesday by Fitch Ratings, which cited heightened financing risks for the Latin
1970-01-01 08:00
Bankman-Fried in Custody After Bail Is Revoked Over Leaks
FTX co-founder Sam Bankman-Fried was taken into custody after a federal judge revoked his bail less than two
1970-01-01 08:00
AI Boom Fuels 487% Stock Surge for South Korean Family
As investor interest in artificial intelligence sends shares of technology giants soaring, a little-known circuit board maker in
1970-01-01 08:00
FTX Draft Bankruptcy Plan Calls for Cash Repayment, FTT Wipeout
FTX Group unveiled a draft creditor-repayment plan as part of its bankruptcy that calls for settling customer claims
1970-01-01 08:00
Ford recalls 870,000 F-150 trucks for unexpected parking brake application
Ford has recalled more than 870,000 of its full-sized F-150 trucks because the electronic parking brake could engage unexpectedly at any time, including while the vehicle is being driven. That could cause a loss of control and possibly a crash.
1970-01-01 08:00
Mexico Peso Clocks Longest Monthly Winning Streak Since 2008
Mexico’s peso posted its seventh-straight month of gains, the longest such streak in 15 years, with the currency’s
1970-01-01 08:00
One Big Gold Seller Among Central Banks Has Even More to Offload
In a turnaround that’s already taken it from one of the world’s biggest gold buyers to a top
1970-01-01 08:00
Bankrupt Crypto Platforms FTX, Genesis Set to Resolve Dispute
Bankrupt crypto companies FTX Trading Ltd. and Genesis Global Holdco LLC reached an in-principle agreement on resolving a
1970-01-01 08:00
GIC Cuts Key Quant Unit in ‘Tough’ Overhaul of Investment Teams
Singapore sovereign wealth fund GIC Pte has scaled back a core quantitative unit set up in 2016 under
1970-01-01 08:00
Alameda Executives Saw $10 Billion Cash Gap Months Before Collapse
Alameda Research’s former Co-Chief Executive Officer Caroline Ellison estimated there was a more than $10 billion cash deficit
1970-01-01 08:00
Ex-FTX Chief Operating Officer Constance Wang Emerges at Sino Global
Zhe “Constance” Wang, who served in several executive-level roles at Sam Bankman-Fried’s FTX before the collapse of the
1970-01-01 08:00
A $500 Billion Corporate-Debt Storm Builds Over Global Economy
Richard Cooper’s phone is a something of an early alarm bell for the global economy. Lately, it’s been
1970-01-01 08:00