INDIAN REGULATORS speak with a little more flamboyance than their peers. On July 4th the Securities and Exchange Board of India (SEBI) accused Jane Street, a trading firm, of perpetrating a “sinister scheme” of manipulation in the country’s manic options market. In a lengthy document, it concluded that “the integrity of the market, and the faith of millions of small investors and traders, can no longer be held hostage to the machinations of such an untrustworthy actor.”
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 128.99 points or 0.26% to...
MAGA’s Messaging Meltdown this week has seen the Trump team failing utterly in their area of core competence: controlling the...
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It was at the height of the Cold War that the CIA and the American government—fearing the weakening of the...
Christine Lagarde is now warning that Europe faces an “existential crisis” unless urgent reforms are enacted. What she is really...
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