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Showing 31 - 40 of 273 results for "US Treasury"

Financial institution charged over Epstein scandal

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
... the quality of its controls over several years." Continual failings by FBME in meeting US standards resulted in the US Treasury Department Financial Crimes Enforcement Network mandating all banks in the US to cease doing business with it. The DFS said ...

FASEA extension hits snag

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
The extensions that will allow financial advisers an extra year to complete the FASEA exam and two years to complete the FASEA education requirements was returned to the House of Representatives after an amendment was sought. Despite being introduced ...

Markets react as antiviral drug disappoints

ALLY SELBY  |  FRIDAY, 24 APR 2020
... proved the catalyst to tip US markets into a modesty risk-averse state. With markets falling, so did credit, he said. "US Treasury yields dropped, with the yield curve flattening and the 10 year yield trading at 0.59 per cent," Rodda said. Gold on the ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... to 5.5%, moving back to 2015 levels in just one week." (EPI) We're doomed! Well, it all depends on whether the US Treasury and the Fed's largesse - needless to say, a cure for the coronavirus is discovered soon - are able to revive confidence ...

Chief economist update: Are capital markets the next Sino-US battleground?

BENJAMIN ONG  |  MONDAY, 30 SEP 2019
... according to the US-China Economic and Security Review Commission, with at least 11 of them being state-owned." However, US Treasury spokeswoman Monica Crowley denied all these, saying: "The administration is not contemplating blocking Chinese companies ...

Adviser cops 262 month jail sentence

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2019
... himself as a Harvard educated investment adviser and convinced his wife and father-in-law to invest conservatively in US Treasury Bills. He also convinced his own father to invest via his used car warranty company and took money from customers of the ...

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... probability of a recession a year from now at 35.4%, taking its cue from the negative 4bps differential between the 10-year US Treasury bond yield and the three-month bill. This is lower than the 37.8% recession probability in June when the spread was ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
... 1.2%; the Nasdaq composite index lost 1.2%; and Russell 2000 index closed 0.7% lower. Bond yields dropped. Ten-year US Treasury bond yields fell from 2.06% to 2.02% - they were 2.66% at the start of 2019 and reached a high of 2.78% in January. They've ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... markets dropped. The S&P 500 index and the Dow closed 2.4% lower with the Nasdaq diving by 3.4% overnight. Ten-year US Treasury bond yields declined by 5 bps to 2.4% - its lowest level since March. The VIX index (the fear gauge) jumped by 28.1% to a ...

Former ambassador assesses US-China trade deal

KANIKA SOOD  |  THURSDAY, 7 FEB 2019
... pegged reducing the chronic trade deficit as one of the key points for negotiating a new trade deal with China. The US Treasury Secretary Steven Munchin is due to visit Beijing next week to negotiate, as the clock ticks on the US's Chinese imports ...