Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of terrausd (UST), the project’s now-defunct algorithmic stablecoin. According to a court filing, the settlement terms are currently undisclosed and the alleged…
TAIPEI, TAIWAN – A failure to deter China from invading Taiwan could well lead to a deadly conflict between Beijing’s troops and the U.S., lawmakers and policy experts warn. As hot wars rage in the Middle East and Europe, the fragile peace in the Indo-Pacific is being regarded by some as one of the last…
The New York jury that will decide Donald Trump’s fate began its second day of deliberations Thursday by listening again to testimony about how the National Enquirer publisher took a negative story about Trump “off the market.” from Bloomberg Politics https://ift.tt/6P89hTv
Czech billionaire Daniel Kretinsky plans to fund the takeover of International Distribution Services Plc, owner of the UK’s Royal Mail, with both equity and debt. He speaks to Bloomberg’s Irene Garcia Perez about what is needed to turn around the company and deliver for investors. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/D2VPXyh
“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Today’s guests: Mads Pedersen, Human Edge Investment Technology CIO; Silvio Campara, Golden Goose CEO; Dan Gerard, State Street Senior Multi-Asset Strategist. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/5tARWKZ
The panel listened to a reading of some of the testimony that tabloid publisher David Pecker and former Trump fixer Michael Cohen gave during the trial. https://www.wsj.com/articles/trump-hush-money-trial-jurors-resume-deliberationsafter-rehearing-testimony-a9d3c09c
Renault SA will develop much of its sub-€20,000 ($21,700) Twingo in China, part of a push by the manufacturer to bring affordable electric vehicles to the market faster, according to people familiar with the situation. from Bloomberg Markets https://ift.tt/TrmGY0g
Federal Reserve Bank of New York President John Williams said he expects inflation to continue falling in the second half of this year, adding that elevated borrowing costs are restraining the economy. from Bloomberg Markets https://ift.tt/Epibtke
The move is unlikely to bring down the government, but it sends signal of dissatisfaction and sets up a possible election by as early as this summer. https://www.wsj.com/articles/netanyahu-rival-launches-push-to-dissolve-israeli-parliament-amid-split-over-gaza-war-2eac647e
The French Open has banned alcohol in an attempt to curtail rowdy behavior from fans, a measure that comes just days after Belgian player David Goffin said a fan had spit chewing gum at him during his first-round match. French Open tournament director Amelie Mauresmo announced that alcohol will no longer be allowed in the…