• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On March 30, in response to concerns raised by Europe and other countries regarding rising fuel prices and increased shipping costs in the Gulf, Iranian Foreign Ministry spokesman Baghae stated that Iran is not responsible for the current situation and does not want people in other countries to suffer pressure due to rising fuel or food prices. Baghae also stated that Iran is currently managing the passage of vessels that are not hostile, while ensuring security. In the past few days, some vessels have passed through the Strait of Hormuz after coordinating with relevant Iranian authorities.March 30th - Germanys inflation accelerated significantly in March, according to the German Federal Statistical Office on Monday, following the surge in energy costs caused by the conflict with Iran. This reinforces expectations that the European Central Bank (ECB) may need to raise interest rates. Germanys harmonized CPI rose 2.8% year-on-year in March, up from 2% in February, reaching its highest level in over a year. Regional reports showed that heating oil and fuel were the main drivers. As the Middle East conflict enters its fifth week, the impact of rising oil and gas costs is gradually being reflected in European prices and consumer expectations for the inflation outlook. Although ECB President Christine Lagarde pledged to act swiftly and decisively if necessary, officials indicated that they would not rush into action after assessing the full impact. Money markets expect a rapid policy response and favor raising interest rates at the April meeting, with up to three rate hikes possible throughout the year.The Russian Federal Security Service (FSB) has discovered stockpiles of chemical and biological weapons in parts of Donetsk liberated from the Ukrainian armed forces.On March 30th, it was reported that the Peoples Bank of China (PBOC) held its 2026 Research (Advisory) Work Conference on March 24th. The conference noted that in 2025, the PBOCs research (advisory) department focused on planning and researching important reforms for the PBOC, conducted high-quality research and compilation of the 15th Five-Year Plan, dynamically evaluated and improved key tasks related to the construction of the "six core elements," and accelerated the construction of Shanghai as an international financial center. Positive results were achieved in strengthening macroeconomic analysis, improving the green finance system, promoting regional financial reform and development, and leveraging the advisory role. The conference required that in 2026, research (advisory) work should deeply understand the new situation, new tasks, and new requirements facing financial research during the 15th Five-Year Plan period, scientifically grasp research methodology, effectively carry out work related to the 15th Five-Year Plan, deepen research on major regularities and emerging issues, coordinate the promotion of regional financial reform and financial support for regional coordinated development, fully leverage the role of advisors and financial research in assisting the PBOCs work, and transform research results into practical measures to promote high-quality financial development.Canadas national economic confidence index was 49.2 as of March 27, compared to 50.6 previously.

Crypto lender Voyager Digital gets approval to return $270 million to customers

Alice Wang

Aug 05, 2022 15:16

微信截图_20220805145311.png


Voyager Digital Holdings Inc., a cryptocurrency company, has been granted permission by the U.S. Bankruptcy Court in New York to restore $270 million in client funds, the Wall Street Journal reported on Thursday.


Voyager Digital Holdings Inc., a cryptocurrency company, has been granted permission by the US Bankruptcy Court in New York to restore $270 million in client funds, the Wall Street Journal reported on Thursday.


According to the Journal, Judge Michael Wiles, who is in charge of Voyager's bankruptcy, said the firm had "sufficient grounds" to back up its claim that clients should be given access to the custodial account kept at Metropolitan Commercial Bank.


The business did not immediately respond to requests for comment.


Voyager, one of several businesses that struggled after the widespread turbulence on the cryptocurrency market, filed for Chapter 11 last month.


Voyager reported that it had between $1 billion and $10 billion in assets and liabilities, as well as over 100,000 creditors, in its bankruptcy case.


The Federal Reserve and the Federal Deposit Insurance Corp (FDIC) issued an injunction to the firm last week directing it to stop making "false and misleading" promises about the government's protection of its clients' cash.


The firm only had a bank account at Metropolitan Commercial Bank, according to the authorities, and none of the investors using its platform were covered by the FDIC.


During the COVID-19 epidemic, cryptocurrency lenders like Voyager saw a surge in business, luring depositors with high interest rates and convenient access to loans that conventional banks seldom ever gave. Lenders have suffered from the recent decline in cryptocurrency markets, which was brought on by the failure of two significant tokens in May.