Asian Stocks to Fall, Yen Steadies After Surge: Markets Wrap
US stock futures advanced as traders took comfort from the Federal Reserve’s signal that there’s no plan to raise interest rates and looked ahead to Apple Inc.’s upcoming earnings.
US stock futures advanced as traders took comfort from the Federal Reserve’s signal that there’s no plan to raise interest rates and looked ahead to Apple Inc.’s upcoming earnings.
A former Hong Kong-based Societe Generale SA trader claimed he was fired and said the French lender should share the blame for failing to detect his wagers.
Gold fell, with market watchers saying the previous day’s rally in response to Federal Reserve Chair Jerome Powell’s comments was overoptimistic.
Hong Kong’s securities watchdog started criminal proceedings against Segantii Capital Management Ltd. founder Simon Sadler and its former trader Daniel La Rocca over alleged insider dealing, prosecuting one of the most high-profile hedge funds in the city.
Citadel Securities is leading a suit seeking to have the SEC's Consolidated Audit Trail declared illegal
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