KUALA LUMPUR (Reuters) – A Malaysian court on Thursday ordered Rosmah Mansor, the wife of former Prime Minister Najib Razak, to enter a defence in a corruption trial linked to a multi-million dollar project approved while the ex-premier was still in power.Rosmah Mansor, wife of Malaysia’s former Prime Minister Najib Razak, arrives at Kuala Lumpur High Court in Kuala Lumpur, […]
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NEW YORK (Reuters) – New York’s attorney general filed a lawsuit on Wednesday to shut down the cryptocurrency platform Coinseed Inc for allegedly defrauding thousands of investors, including by charging hidden trading fees and selling “worthless” digital tokens.FILE PHOTO: New York State Attorney General Letitia James in New York City, U.S., November 19, 2019. REUTERS/Lucas JacksonAttorney General Letitia James said […]
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WASHINGTON (Reuters) – Facing a still-scarred economy that may need an extended time to recover fully, Federal Reserve officials last month debated how to lay the groundwork for the public to accept coming higher inflation, and also the need to “stay vigilant” for signs of stress in buoyant asset markets, according to minutes of the U.S. central bank’s Jan. 26-27 […]
Read moreBarstool’s Portnoy: Robinhood ‘finished’ following GameStop saga Barstool Sports founder Dave Portnoy argues retail investors can’t trust Robinood and its CEO Vlad Tenev following the GameStop trading frenzy. Barstool Sports founder Dave Portnoy argued on Wednesday that retail investors can't trust the trading app Robinhood and its CEO Vlad Tenev following the GameStop frenzy and told “Varney & Co.” he believes Robinhood […]
Read moreGold futures settled lower on Wednesday, extending losses to a fourth straight session, as the dollar’s surge against its peers and rising global bond yields reduced the commodity’s safe-haven appeal. The dollar index rose to 91.06 by mid-morning and was holding firm at 90.95 a little while ago, gaining about 0.5% from the previous close. Early in the day, the […]
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CAPE TOWN (Reuters) – South Africa launched its COVID-19 vaccination drive on Wednesday, battling to tame a more infectious variant of the coronavirus with a roll-out of the Johnson & Johnson shot for the first time outside a major clinical trial. “I actually feel blessed, you know, after all our hard work and effort in the first and second wave […]
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FILE PHOTO: A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in front of the displayed Pfizer logo in this illustration taken, October 30, 2020. REUTERS/Dado Ruvic/File PhotoTEL AVIV (Reuters) – An Israeli healthcare provider said on Wednesday that Pfizer Inc’s COVID-19 vaccine was 95% effective in a trial of 602,000 people, […]
Read more(Reuters) – Online brokerage Public.com, which competes with Robinhood, said on Wednesday it had raised $220 million in fresh funds from new and existing investors, lifting its valuation to $1.2 billion. Investors have doubled down on online brokerages that were at the center of a social media-driven trading frenzy on Wall Street in heavily shorted shares of companies such as […]
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(Reuters) – Hundreds of thousands of people marched in Myanmar on Wednesday, rejecting the army’s assertion that the public supported its overthrow of elected leader Aung San Suu Kyi and vowing they would not be cowed in their bid to end military rule. Opponents of the Feb. 1 military coup are deeply sceptical of junta assurances, given at a news […]
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