Radiant World, a Singapore-based iron ore trader, is under investigation by the US Department of Justice and Commodity Futures Trading Commission for allegedly submitting fraudulent trade documents to banks. This has led major commodity firms like Glencore, Vitol, and Cargill to halt dealings with Radiant World amid growing creditor claims. The dual US probe covers potential criminal and market manipulation violations, creating uncertainty for banks financing Radiant World's trades. The outcome could impact credit recovery and market trust in commodity trading documentation.
Imbal hasil Treasury 10 tahun AS mencapai level tertinggi sejak 2007, memicu kekhawatiran akan kerentanan di sektor perumahan, properti komersial, dan perusahaan dengan utang besar. Para ahli memperingatkan bahwa dampak terburuk akan terasa dalam 12-...
HIVE Digital Technologies, through its subsidiary BUZZ HPC, has formed a strategic partnership with ProCogia, an applied-AI and data engineering company. This collaboration will see ProCogia utilizing BUZZ HPC's Canadian data centers to provide AI so...
Axon Enterprise, a public safety technology company, has priced an offering of $1 billion in 0% convertible senior notes due 2031. The company expects to receive approximately $986 million in net proceeds, which will be used to cover the cost of capp...
Oil prices declined after a report showed an unexpected increase in U.S. crude, gasoline, and distillate inventories last week. This overshadowed concerns about potential supply disruptions following an attack on Saudi Arabia's East-West pipeline by ...
Grab mengakuisisi 60% saham Atome Financial senilai $1,49 miliar secara tunai, dengan rencana untuk membeli sisa 40% dalam waktu sekitar dua tahun. Akuisisi ini bertujuan untuk memperluas layanan keuangan Grab, khususnya di bidang pinjaman konsumen, ...
