Photo Credit: Patrick Semansky
The IRS on Monday announced January 29 as the official start date of the 2024 tax season, and expects more than 128.7 million tax returns to be filed by the April 15 tax deadline.
Photo Credit: AP
A former Goldman Sachs executive convicted in the United States in the multibillion-dollar ransacking of a Malaysian sovereign wealth fund has been brought back to the country to assist in asset recovery efforts, an official said Monday.
Roger Ng Chong Hwa is under police custody after arriving in Kuala Lumpur over the weekend, according to Home Minister Saifuddin Nasution.
Photo Credit: Mary Altaffer, File
Prosecutors went to the heart of their case against FTX founder Sam Bankman-Fried on Thursday as the company’s co-founder began his testimony, telling a New York jury that he and Bankman-Fried committed financial crimes and lied to the public before the cryptocurrency trading platform collapsed last year.
Gary Wang, 30, said he committed wire, securities and commodities fraud as the chief technical officer at FTX after also sharing ownership in Alameda Research, a cryptocurrency hedge fund that he and Bankman-Fried started in 2017 and eventually used to withdraw $8 billion in FTX funds illegally. He said Bankman-Fried directed the illegal moves.
Photo Credit: Seth Wenig
FTX founder Sam Bankman-Fried has been denied a bid for pretrial release ahead of his trial in the United States on fraud charges stemming from the implosion of his cryptocurrency empire.
Bankman-Fried’s lawyers had argued that conditions at Brooklyn’s Metropolitan Detention Center had prevented him from preparing an adequate defence ahead of his October 3 trial.
On Tuesday, Judge Lewis Kaplan ruled that any difficulties Bankman-Fried faced in reviewing prosecutors’ evidence against him were “of his own making”.
Kaplan said in a written ruling that Bankman-Friend had not requested a delay in his trial despite the judge’s offer to consider such a request.
Photo Credit:AP
Mexico's peso currency flexed its muscle on Monday to reach its highest value against the U.S. dollar in seven years, following nearly two years of interest rate hikes aimed at taming inflation that has seen consumer prices edge down.
Some analysts chalk up the peso's latest gains, however, as mostly the flip side of a weakening greenback.
Photo Credit: Franklin Templeton Franklin Templeton is a global investment management firm...
Photo Credit: Getty Images Blockchain cryptocurrency, epitomized by Bitcoin and Ethereum, has...
Photo Credit: Nikkei stock index After a week marked by global market jitters, Asian stock markets...
Photo Credit: File Photo A Snapshot of Global Reactions to Geopolitical Tensions In the wake of...
Photo Credit: AP In a week that saw the financial markets teetering on the edge, JPMorgan Chase & Co....
Photo Credit: Patrick Semansky The IRS on Monday announced January 29 as the official start date of...
Photo Credit: AP A former Goldman Sachs executive convicted in the United States in the...
Photo Credit: Mary Altaffer, File Prosecutors went to the heart of their case against FTX founder...
Photo Credit: Seth Wenig FTX founder Sam Bankman-Fried has been denied a bid for pretrial release...
Photo Credit:AP Mexico's peso currency flexed its muscle on Monday to reach its highest value...
Photo Credit:AP Tesla’s shares sank by nearly 10 percent on Thursday after Chief Executive Elon...
Photo Credit:AP The Biden administration's choice to run the World Bank — former Mastercard CEO...
