(Reuters) – A group of Japanese investors are planning to file lawsuits against some brokerages based in the country, including Mitsubishi UFJ Morgan Stanley Securities, over their sale of AT1 bonds issued by Credit Suisse Group AG, Nikkei reported on Friday. Former Bank of America Securities lawyer Taiju Yamazaki has said he expects his “first…
SEOUL (Reuters) – Borrowing by South Korean households grew in May, marking the biggest increase in 19 months, as demand for mortgages climbs due to a loosening of regulations. Total household borrowing from banks increased by 4.2 trillion won ($3.3 billion) or 0.4% to stand at 1,056.4 trillion won at the end of May, according…
(Reuters) – Here are reactions after former President Donald Trump said he has been indicted by the U.S. Department of Justice, apparently for mishandling sensitive government documents. U.S. HOUSE SPEAKER KEVIN MCCARTHY: “Today is indeed a dark day for the United States of America.” “House Republicans will hold this brazen weaponization of power accountable.” DEMOCRAT…
By Alexandra Ulmer and Anna Tong SAN FRANCISCO (Reuters) -In one apparently altered image, former U.S. President Donald Trump is seen hugging his bête noire Dr. Anthony Fauci, who beams in response. In another, Trump is kissing Fauci on the nose. These images published by Florida Governor Ron DeSantis’ campaign this week demonstrate how the…
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits surged to the highest level in more than 1-1/2 years last week, but layoffs are probably not accelerating as the data covered the Memorial Day holiday, which could have injected some volatility. The largest increase in applications in nearly…
By Rory Carroll LOS ANGELES (Reuters) – Lionel Messi on Wednesday announced that he intends to join Major League Soccer side Inter Miami as a free agent after parting ways with French champions Paris St Germain and snubbing a lucrative contract offer in Saudi Arabia. Messi, who played his final game for PSG over the…
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday handed a major victory to Black voters who challenged a Republican-drawn electoral map in Alabama, finding the state violated a landmark law prohibiting racial discrimination in voting and paving the way for a second congressional district with a Black majority or close to it….
(Reuters) – Binance.US on Thursday said the company is suspending USD deposits while notifying customers that their banking partners are preparing to pause fiat (USD) withdrawal channels as early as June 13. The move comes as the U.S. financial regulators supported a freeze on the cryptocurrency exchange’s assets earlier in the day. (Reporting by Rahat…
By Keith Coffman DENVER (Reuters) – Colorado’s costliest wildfire on record started from fierce winds that damaged power lines and unearthed smoldering embers from a controlled burn days earlier, sparking two blazes that merged into a deadly conflagration, authorities said on Thursday. Investigators found a variety of human and weather-related factors combined to spark the…
By Nell Mackenzie, Kirstin Ridley, Maiya Keidan and Carolina Mandl LONDON/TORONTO (Reuters) -Odey Asset Management’s prime brokers, including Goldman Sachs , JPMorgan and Morgan Stanley, are reviewing their relationships with the hedge fund after allegations of sexual misconduct by its founder were reported by the Financial Times and Tortoise Media on Thursday, sources familiar with…
