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| Prudential insurance was unnamed victim of HSBC's currency rigging settlement HSBC and the US Justice Department, announcing last week that the bank would pay $100m (£71m) for front-running client currency orders, left one thing unstated -- the name of a big client the bank's traders defrauded. That unidentified victim was London-based insurer Prudential, according to court ...
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| South Korea's Government is Reportedly Planning to Hit Cryptocurrency Exchanges with Tax Bills South Korea's government is reportedly hitting the country's digital currency exchanges with tax demands in a bid to control the market. According to the Yonhap News Agency, South Korean cryptocurrency exchanges will be required to pay 22 percent of corporate and 2.2 percent of local income taxes if ...
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| Bulgaria joins international probe of OneCoin digital currency SOFIA (Bulgaria), January 22 (SeeNews) - The Special Prosecutor's Office of Bulgaria said it is taking part part in an international operation for cracking down a large-scale pyramid and money laundering scheme involving OneCoin digital currency, which has a distribution office in Sofia. The prosecutors ...
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| RPT-ANALYSIS-Emerging economies free of "original sin" but companies still unforgiven LONDON, Jan 21 (Reuters) - Most developing nations have been absolved of the "original sin" that blocked them using their own currencies to raise money abroad, but their companies' sins have still not been forgiven, as the huge debt they have racked up in "hard" currency attests. Original sin, which is ...
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| More than a year after demonetisation, thousands of old currency notes still lying in police station ... Although the government claims that most of the old high-value currency notes issued by the Reserve Bank of India (RBI) have been recovered and accounted for, India Today has come to know that old notes worth thousands of crores may still be lying in the locker rooms of the over 15 thousand police ...
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| Performance of Iran's gold & currency markets on Jan. 22 Gold coin was traded in Iran at 15,300,000 rials (about $336.7 according to the currency rate in Iran's free market) on Monday. According to data on the website of the Tehran Gold and Jewelry Union, one gram of the 18-karat gold was priced at 1,447,290 rials (about $31.8), indicating a rise of 0.38 ...
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