Founders Su Zhu and Kyle Davies have only provided “selective and piecemeal disclosures” regarding the fund’s assets and are threatening further legal pressure to get more disclosure.
GDP fell two consecutive quarters in a row, with a dip of 0.9% on an annualized basis and comes on the back of first-quarter GDP data contracting by 1.6%.
While the dollar paused its ascent, analysts are warning that it is too early to see that pause as a durable reverse as the greenback remains a haven in uncertain…
Jurisdictions globally are jostling for primacy to lead the charge on cryptocurrency regulation.
As the U.S. Federal Reserve pursues its most aggressive pace of tightening in decades, raising rates at 75-basis-points a pop and sending the dollar to its highest level simultaneously, the…
At a press conference after the Fed’s latest policy meeting, U.S. Federal Reserve Chairman Jerome Powell noted that the central bank would be shifting away from specific guidance and reacting…
Cryptocurrencies were the first to rebound over the past several weeks as investors grew more sanguine on the prospect of supersized Fed rate hikes.
For the first time in over two decades, oil companies are poised for a record-breaking combined US$50 billion in profit in the second quarter, outpacing even the most resilient tech…
Recent tightening by the central bank of the Philippines and Singapore demonstrates the urgency with which Asian policymakers need to act in the face of a soaring dollar and rapidly…
While the People’s Bank of China has encouraged lenders to make more loans and to fund more mortgages, the combination of a slowing global economy and rolling zero-Covid lockdowns has…