Edition:
United States

Tom Wilson

World stocks ride out May's Brexit defeat, pound steadies

4:45am EST

LONDON World equity markets on Wednesday rode out the heavy parliamentary defeat for British Prime Minister Theresa May's Brexit deal, as investors saw potential for legislative deadlock to force London to delay its departure from the EU.

HSBC settles FX deals worth $250 billion on blockchain in last year

Jan 14 2019

LONDON HSBC has settled $250 billion (£194.15 billion) worth of forex trades using blockchain in the last year, it said on Monday, suggesting the heavily hyped technology is gaining traction in a sector until now hesitant to embrace it.

GLOBAL MARKETS-World stocks suffer as Fed heightens recession fears

Dec 20 2018

* Tokyo, Seoul bourses join Chinese benchmarks in bear market

GLOBAL MARKETS -World stocks slide as Fed aggravates recession fears

Dec 20 2018

* Japan, Korea bourses join Chinese benchmarks in bear market

As bitcoin trading shifts shape, big money stays away

Dec 17 2018

(This version of the December 7th story corrects spelling of first name to Erik (not Eric) in paragraph 21)

CORRECTED-RPT-ANALYSIS-As bitcoin trading shifts shape, big money stays away

Dec 17 2018

* Prop traders, big holders and crypto firms now driving volumes

FOREX-Pound rises off 20-month low after Brexit blow; dollar retreats

Dec 11 2018

* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh (Adds May to meet European leaders; analyst comment; updates prices)

Fintech company Calastone to shift fund network to blockchain

Dec 02 2018

LONDON Calastone, an investment funds transaction network, said on Monday it will shift its entire system to blockchain in May, a move that could slash costs for the sector by billions of dollars a year.

Bitcoin crashes to lowest this year, losses top 25 percent in a week

Nov 20 2018

LONDON Bitcoin slumped on Tuesday to its lowest this year, tumbling as much as 10 percent to breach $4,300 and taking losses in the world's best-known digital coin to 25 percent within a week.

World News