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The regulator said breaches could result in sanctions.
Japan's ruling party is not yet in active discussion on what yen levels would be deemed worth intervening in the market, though the currency's slide towards 160 to the dollar could prod policymakers to act, party executive, Takao Ochi, told Reuters. "There is no broad consensus right now, but if the yen slides further toward 160 or 170 to the dollar, that may be deemed excessive and could prompt policymakers to consider some action," Ochi said in an interview on Tuesday. Right now, however, there has been little active discussion on what yen levels would be deemed appropriate for such action, said Ochi, the secretary-general of the Liberal Democratic Party's (LDP) research commission on the finance and banking systems.
The banking group's results showed it had made less money from loans and mortgages compared with last year.
Chinese brokerage Haitong Securities removed Lin Yong from chief executive of its Hong Kong-based offshore unit, according to an internal memo and a company source with knowledge of the matter. Lin, who had been Haitong International Securities' CEO in Hong Kong since 2007, was removed from the top post, according to the memo reviewed by Reuters. He is one of the longest-serving helmsman at any Chinese investment bank in Hong Kong, leading the offshore unit to become one of the banks that issued the most offshore high yield bonds of Chinese companies in the last decade.
Stunning images show Alnwick Garden in full bloom – as social media users say the aerial shots reveal a saucy secret. The garden's famous cherry blossom orchard boasts the largest Taihaku orchard in the world with 329 trees. Amazing aerial photos and video show that despite the wet spring, the blossom has finally bloomed. Once the blossom falls, the tens of thousands of petals will be used to flavour a £35-a-bottle Cherry Blossom gin.
French authorities in 2023 imposed excessive and illegitimate restrictions on people’s right to demonstrate, the rights group Amnesty International said in a report published Wednesday. It pointed in particular to clampdowns on protests that saw arrests and the use of force during rallies against issues such as the government’s unpopular pensions reform, plans to build “mega-basin” water reservoirs in rural France, and the war in Gaza. Amnesty's 2023 annual report accuses the government of syste
Discover how CLIR's innovative strategies and financial achievements in Q4 2023 are setting the stage for future success.
ENVA reports significant revenue and earnings growth, with a focused discussion on capital returns and operational efficiencies.
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Despite mixed financial results, Enphase Energy projects robust growth and strategic market expansions in the upcoming quarters.
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Despite a revenue decline, Vicor Corp reports a robust gross margin improvement and strategic advancements in key technology sectors.
Despite a challenging environment, Hawaiian Holdings Inc reports revenue growth and strategic expansions in Q1 2024.
During Monday's episode of the Armchair Expert podcast, host Dax Shepard recalled a moment on the 2004 set of their film Idiocracy when the Bridesmaids star asked him to stop singing the 1974 song. "I'm sure I was honest with you about why it's too painful," she replied. "That was at a different stage in my life where that would be painful to me whereas now I'm just like, oh my God, OK, yeah, go ahead, go for it, sing it. But it's not painful."
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