British watchdog tells algorithmic traders to tighten controls Some firms using computers to trade at ultra-fast speeds are not applying safeguards required to avert market meltdowns, Britain’s Financial Conduct Authority (FCA) said on Monday. Algorithmic or high-frequency trading uses computers to automatically place an order in financial markets, without human […]
Google hires former Samsung executive to coordinate Internet of Things projects Alphabet Inc’s Google this month hired Injong Rhee, who recently resigned as Samsung Electronics Co’s chief technology officer, to lead its Internet of Things business, he said in a LinkedIn post Monday. Google spokeswoman Jane Hynes confirmed to Reuters […]
Cryptocurrency traders to launch lawsuit against Coincheck on Thursday – lawyer A group of cryptocurrency traders will file a lawsuit against Coincheck Inc on Thursday over last month’s theft of $530 million (£382 million) in digital money from the Tokyo-based exchange, a lawyer representing the claimants said. The ten traders […]
Icahn, Deason urge Xerox shareholders to oppose Fujifilm deal Xerox Corp’s plan to sell itself to Japan’s Fujifilm Holdings has come under further pressure with Carl Icahn and Darwin Deason urging fellow shareholders to oppose the $6.1 billion deal. The activist shareholders, who own a combined 15 percent of the […]
Australian deputy PM denies breaking parliamentary rules over affair Australia’s Deputy Prime Minister Barnaby Joyce said on Tuesday that he did not break any parliamentary rules while conducting an extramarital affair with a former staffer as he faced down calls for his resignation. Joyce, a practicing Catholic who has campaigned […]
Judge to rule on Assange’s bid to escape legal action in Britain WikiLeaks founder Julian Assange will hear on Tuesday whether his legal bid to halt action against him for breaching bail has been successful, in a ruling that could pave the way for him to leave the Ecuadorean embassy […]
Biggest U.S. force in years joins Thai military exercise The biggest U.S. force in years joined an annual military exercise in Thailand on Tuesday despite controversy over the Thai junta’s invitation to neighboring Myanmar’s army, which has been accused of ethnic cleansing. The United States scaled back attendance at Cobra […]
White House dismisses idea of U.S.-Israel discussing settlement annexation The United States dismissed as false an Israeli assertion on Monday that the two countries were discussing the possibility of Israel annexing Jewish settlements in the occupied West Bank, in a rare display of discord between U.S. President Donald Trump and […]
Trump tells Putin more steps needed to scrap North Korea nuclear programU.S. President Donald Trump, who complained last month that Moscow was "not helping us at all with North Korea," told Russian President Vladimir Putin on Monday that more needs to be done to scrap Pyongyang’s nuclear program, the White […]
South Africa’s ANC decides to remove Zuma as head of state: source South Africa’s African National Congress party executive committee has decided to “recall,” or remove, President Jacob Zuma as head of state, a senior ANC source told Reuters on Tuesday, after a 13-hour meeting of the party’s top leadership. […]
