Binance, SEC Strike Deal to Keep US Customer Assets in Country

June 17 Reuters Binance, the world39;s biggest cryptocurrency exchange, and Binance.US have entered into an agreement with the U.S. Securities and Exchange Commission to ensure that U.S. customer assets remain in the United States until a sweeping lawsuit filed this month by the regulatory agency is resolved. The agreement, disclosed in court papers filed late on Friday, […]
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U.S. Sweet, Sour Oil Price Spread Narrows on Strong Sour Demand

HOUSTON, June 20 Reuters U.S. sweet and sour oil differentials narrowed significantly this month, pricing data showed, as demand for higher sulfur crudes climbed from refineries and exporters while supplies tightened. The spread between Light Louisiana Sweet and Mars sour crude, both priced in Louisiana, narrowed to 1.70 a barrel last week from about 6.75 […]
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Chinas Modest Rate Cut Sends Stocks Lower

LONDON, June 20 Reuters European stocks and U.S. futures fell on Tuesday after China cut interest rates by less than expected and the market awaited more detail on Beijing39;s plans to shore up a stuttering economic recovery. China cut its benchmark loan prime rates LPR for the first time in 10 months on Tuesday, with a smallerthanexpected […]
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Yuan Falls on China Cuts Lending Benchmarks; Aussie Slides

SINGAPORE, June 20 Reuters The yuan slipped toward sevenmonth lows on Tuesday as China cut lending benchmarks, while the Australian dollar fell after its latest central bank meeting minutes showed keeping interest rates unchanged had been under consideration. China on Tuesday lowered its oneyear and fiveyear loan prime rates LPR by 10 basis points, the first such […]
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Foreigners Biggest Buyers of Asian Bonds in Two Years

June 20 Reuters Asian bonds attracted their highest monthly foreign inflows in about two years in May, boosted by hopes of less aggressive monetary tightening measures from the U.S. Federal Reserve. Foreigners purchased a net 10.1 billion worth of bonds in India, Indonesia, Malaysia, South Korea and Thailand, marking their biggest monthly purchases since June […]
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