China has unveiled a sweeping crackdown on what it describes as illegal cross-border securities activity, targeting online brokerages accused of helping mainland investors channel money into overseas markets without proper approval.
A United States Army soldier has been charged with making more than $400,000 by betting on the removal of Venezuelan leader Nicolás Maduro, according to the Department of Justice.
Hong Kong and Shanghai will sign a memorandum of understanding next week to establish a cross-border gold trade clearing system, a move aimed at boosting Hong Kong’s role as an international gold trading hub, Financial Secretary Paul Chan said.
United Nations Secretary-General António Guterres warned on Wednesday that the global trading system is under severe strain from escalating tariffs, with developing nations bearing the brunt of the impact.
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