New York's financial regulator
on Wednesday filed civil charges accusing the National Rifle
Association of offering insurance to its members without a
license and concealing how it routinely kept some of their
premiums for itself.
Australian shares are expected to open
higher on Thursday as hopes of a stimulus from China and reports
of scientists closing in on a vaccine for the coronavirus
boosted risk appetite.
With the death toll from the virus epidemic touching nearly
500 and risks to growth...
The Federal Reserve is
looking at a broad range of issues around regulations and
protections for digital payments and currencies, including the
costs and potential benefits of issuing its own digital
currency, Governor Lael Brainard said on Wednesday.
An outbreak of coronavirus that
has rattled financial markets and infected thousands in China
could hurt Canada's economy by disrupting supply chains and
depressing oil prices, a top Bank of Canada official said on
U.S. net cash farm income will
fall 11% this year as production costs rise and government aid
programs set up to assist producers during the U.S.-China trade
war wind down, according to a U.S. Department of Agriculture
forecast issued on Wednesday.
Europe's biggest bank HSBC has
extended its ban on staff travelling to Hong Kong until March 2,
according to an internal memo seen by Reuters, as the death toll
from the coronavirus outbreak continues to climb.