North Korea has used cyberattacks and blockchain technology to circumvent economic sanctions and obtain foreign currency, according to a panel of experts reporting to the U.N. Security Council. Pyongyang has amassed around $670 million in foreign and virtual currency through cyberthefts, using blockchain technology to ...Read More

The European Central Bank changed tack on its tightening plan on Thursday, pushing out the timing of its first post-crisis rate hike until 2020 at the earliest and offering banks a new round of cheap loans to help revive the euro zone economy. The ...Read More

HONG KONG/WARSAW (Reuters) – Chinese telecommunications equipment maker Huawei said on Saturday it had sacked an employee arrested in Poland on spying charges in a case that could intensify Western security concerns about the company. Poland’s internal affairs minister, Joachim Brudzinski, called for the ...Read More

First there were the raids at Deutsche Bank AG’s headquarters, then came the global market selloff. And the flow of bad news for Chief Executive Officer Christian Sewing is far from over. Germany’s largest lender was sued in a case tied to an industry-wide tax ...Read More

New York federal prosecutors are looking into potential financial wrongdoing by President Donald Trump’s inaugural committee and Ivanka Trump’s involvement in price negotiations for space rental in the Trump International Hotel in D.C. According to reporting by WNYC and ProPublica, President Donald Trump’s inaugural committee paid large ...Read More

While the S&P is struggling to eek out some modest gains for the year in the last month of the year, for hedge funds 2018 has not only been a scratch, but also one the worst years since the financial crisis, as the following ...Read More

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission settled charges on Friday with two technology companies for improperly offering digital tokens, mandating that they register their offerings as securities and reimburse investors. The action marked the first time the SEC has imposed penalties ...Read More