The Hong Kong Monetary Authority (HKMA) has made it incumbent on banks to conduct a mandatory name-matching process on customers for real-time fund transfers, the latest step by the city’s financial regulator to tackle scams. Financial institutions have been urged to adopt “refined measures” on their instant fund transfer systems such as the Faster Payment […]
The European Union, ever the conflicted protagonist in its own energy saga, is gearing up to throw its weight around in the global LNG market—again. A leaked draft from the European Commission suggests Brussels will “immediately engage” with LNG suppliers to stabilize energy prices, all while still pretending it’s on track to kiss fossil fuels […]
Emerging-market stocks and currencies surged Tuesday as fears of a full-blown trade war eased. President Donald Trump agreed to postpone 25% trade levies on Canada and Mexico in exchange for tighter border security, while China delivered a measured response to newly imposed U.S. tariffs. The news fueled a strong rebound in riskier assets, with developing-world stocks posting their biggest gain since […]
The Depository Trust & Clearing Corporation (DTCC), the US post-trade market infrastructure has launched ComposerX, a complete, end-to-end suite for managing digital assets through their full lifecycle. Nadine Chakar, global head of DTCC Digital Asset, told Markets Media in an email that ComposerX is live on 4 February 2025 and supporting numerous tokenized ETFs operating on […]