World Bank to assess damage after Ukraine dam destruction
WASHINGTON, June 7 (Reuters) - The World Bank will support Ukraine by conducting a rapid assessment of damage and needs...
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Coinbase CEO hits back at SEC chair after lawsuit, says user funds are safe
Brian Armstrong, CEO and Co-Founder of Coinbase, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2022. REUTERS/David SwansonJune 7 (Reuters) - Coinbase (COIN.O) Chief Executive Brian Armstrong on Wednesday hit back at U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler over the agency's lawsuit against the crypto exchange, calling him an "outlier," while also reassuring customers that their funds were safe.The SEC on Tuesday alleged Coinbase traded at least 13 crypto assets that are securities that should have been registered, including tokens...
Shares recoil from 13-mth high, Turkey’s lira hits record low
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023....
UK has limited room for pre-election tax cuts, OECD says
LONDON, June 7 (Reuters) - The government of British Prime Minister Rishi Sunak has little room to cut taxes ahead...
UK’s Sunak seeks stronger economic ties with U.S. on Washington trip
LONDON, June 6 (Reuters) - Britain wants to put its economic ties with the United States on the same footing...
Dollar shaky as traders ponder Fed, global monetary policy outlooks
SINGAPORE, June 7 (Reuters) - The dollar wobbled on Wednesday as expectations of a rate hike by the Federal Reserve...
Morning Bid: China disappoints again, fanning speculation on stimulus
An aerial view shows cars for export at a port in Yantai, Shandong province, China May 3, 2023. China Daily...
Major UK lender Halifax pushes up mortgage rates
LONDON, June 6 (Reuters) - Britain's largest mortgage provider Halifax will ramp up interest rates for new home loans on...
EU’s Breton cites telcos’ investment gap for Big Tech network fee push
BRUSSELS, June 6 (Reuters) - Europe is falling behind other regions and needs to invest massively in its telecoms network...
Ukraine’s foreign currency reserves hit a new 11-year high
KYIV, June 6 (Reuters) - Ukraine's foreign currency reserves grew to a new 11-year high of $37.3 billion as of...
