• Sep 03, 2024

Emerging-Market Assets Drop as Investors Wait for Fed Rate Clues

(Bloomberg) -- Emerging-market assets fell for a second day amid a rout in commodity prices and with traders focused on a slew of economic data that will provide more clues on the Federal Reserve’s rate-cut path.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatGauges for emerging-market stocks and currencies extended losses after US manufacturing activity shrank in August for a fifth month, reflecting faster rates

  • Sep 03, 2024

Crypto Firm Galois to Pay SEC Penalty Over Use of FTX Accounts

(Bloomberg) -- Crypto investment firm Galois Capital Management will pay a $225,000 fine over Securities and Exchange Commission allegations that it broke rules for safeguarding client assets, including holding some of them in accounts with now bankrupt exchange FTX.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatA Guide to Urban Swimming in Europe, Beyond the SeineThe SEC said Tuesday that in addition to breaking