Illinois has enacted a $55.9 billion budget featuring a first-of-its-kind 0.2% tax on crypto assets, set to take effect in January 2027. The Digital Asset Tax Act will levy a privilege tax on digital asset brokers for customer transactions, drawing sharp criticism from industry leaders concerned about discriminatory practices and potential capital flight.
Gold prices are holding strong, supported by central bank purchases and an interim US-Iran peace agreement that shifted focus from geopolitics to economics. Easing tensions reduced inflation fears and Fed tightening expectations, leading to lower Treasury yields and a softer dollar.
Deutsche Flatex-Kunden profitierten im Mai von Börsenaufschwung. Sie investierten verstärkt in KI-Infrastruktur, Halbleiter und Speicherchips sowie in stabile Werte wie Versicherungen. Aus Automobil-, Telekommunikations- und Luftfahrtaktien zogen sie Geld ab.
Uma frota fantasma de navios petroleiros 'zumbis' transporta petróleo russo, contornando sanções e financiando a máquina de guerra de Putin. Esses navios, velhos e mal mantidos, também são usados para espionagem e sabotagem contra a Otan.
Flatex-Kunden kauften im Mai verstärkt Aktien aus den Bereichen KI-Infrastruktur und stabile Geschäftsmodelle. Technologie- und Versicherungsaktien verzeichneten Nettozuflüsse, während aus der Automobil-, Telekommunikations- und Luftfahrtbranche Geld abgezogen wurde.
Robinhood Securities has received approval to act as an IPO underwriter, a move that allows it to participate directly in the main underwriting group alongside traditional Wall Street banks. CEO Vlad Tenev announced the approval, positioning it as a natural progression after the launch of IPO Access.
A Taiwanese official, Song Li-heng, was sentenced to 9 years and 2 months for illegally issuing dozens of boat licenses and embezzling fees between 2008 and 2020. Prosecutors indicted three brokers for bribery and forgery, while 50 individuals who bought the licenses received deferred prosecution.
South Korean authorities have arrested a group of brokers for illegally bringing over 600 Central Asians into the country by falsely posing them as business buyers. The brokers forged documents and coached the individuals on how to pass immigration checks.
中國加強對境外券商如老虎證券、富途控股的監管，旨在限制中國散戶投資美股的管道。分析認為此舉將加速資金轉向香港，並有利於中國本土科技龍頭的IPO。
China's securities regulator is tightening scrutiny on offshore brokerages, restricting retail investors' access to US stocks. This move aims to redirect domestic capital and companies towards Hong Kong, seen as a more controllable financial hub.
Israel continues to strike southern Lebanon as Iran-backed Hezbollah attacks its troops, despite a US-brokered de-escalation deal. The deal aims to halt Israeli attacks on Beirut and Hezbollah attacks on Israeli territory, but Hezbollah official Mahmud Qomati stated the group "will not accept a partial ceasefire".
Tiger Brokers reported a Q1 operating profit of $47.6M and revenue of $154.9M, up 26.3%. Growth was fueled by Hong Kong trading, IPO subscriptions, and Singapore inflows, despite geopolitical and economic headwinds. The company faces penalties from China for offering unlicensed access to overseas stocks.
HKEX celebrates 40 years since Hong Kong's stock exchanges merged, marking growth from local to global superconnector amid challenges.
China's securities regulator has fined Tiger Brokers and Futu Securities for illegally offering mainland investors access to overseas trading. The CSRC stated the companies promoted trading and handled orders without approval, disrupting market order and threatening financial stability. Hong Kong's SFC also increased scrutiny.
China's securities regulator has fined Tiger Brokers and Futu Securities for illegally providing mainland investors access to overseas stock trading. The CSRC stated the companies disrupted market order and will confiscate ill-gotten gains.
China's CSRC is investigating Tiger Brokers, Futu Securities, and Changqiao Securities for illegally operating securities businesses in mainland China without approval, including marketing, processing trades, and selling public funds. Penalties may include confiscation of illegal gains.
Research from the FCA suggests half of drivers aged 17-25 have bought fake insurance policies via social media. Scammers exploit cost of living pressures by offering suspiciously cheap rates, leaving victims unknowingly uninsured and facing prosecution.
Young drivers are being targeted by "ghost brokers" selling fake insurance policies, often through social media. Research from the FCA suggests half of drivers aged 16-25 have bought policies this way, with victims facing prosecution and fines.
Research from the FCA suggests half of drivers aged 16-25 have bought fake insurance policies via social media, lured by cheap prices amid cost of living pressures. Victims risk prosecution and vehicle seizure.
Amie Donaghey, a 21-year-old Irish dancer, was conned by a 'ghost broker' into buying a fake car insurance policy for £700, leading to a criminal conviction despite being a victim of fraud.
Gold and silver prices surged domestically following India's sharp increase in import duties to 15%. Analysts expect prices to align with international levels as the market absorbs the changes, with a constructive long-term outlook for gold and strong potential for silver.
Ken Paxton accuses streamer of designing addictive platform and falsely representing data collection practicesTexas sued Netflix on Monday, accusing the streaming company of spying on children and designing its platform to be addictive.Ken Paxton, the Texas attorney general, said Netflix has for years falsely represented to consumers that it did not collect or share user data, when it actually tracked and sold viewers’ habits and preferences to commercial data brokers and advertising technology companies, making billions of dollars a year. Continue reading...
Netflix was sued on Monday by Texas Attorney General Ken Paxton, who accused the streaming company of spying on children and other consumers by collecting their data without consent and designing its platform to be addictive. The lawsuit says that for years, Netflix has falsely represented to consumers that it did not collect or share user data, when it actually tracked and sold viewers’ habits and preferences to commercial data brokers and advertising technology companies, making billions of...
Netflix was sued on Monday by Texas Attorney General Ken Paxton, who accused the streaming company of spying on children and other consumers by collecting their data without consent and designing its platform to be addictive. The lawsuit says that for years, Netflix has falsely represented to consumers that it did not collect or share user data, when it actually tracked and sold viewers’ habits and preferences to commercial data brokers and advertising technology companies, making billions of...
