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The U.S. Department of Justice announced the arrest of two individuals involved in a North Korean "laptop farm" scam, with approximately $3 million in illicit proceeds.
The U.S. Department of Justice announced the arrest of two individuals involved in a North Korean "laptop farm" scheme. Prosecutors allege the scheme impacted over 70 U.S. employers and involved approximately $3 million. The indictment from Ohio describes cryptocurrency transfers.
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China's futures exchanges to tighten leash on quant trading, defining violations and punishments
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Malaysia's King Sultan Ibrahim Iskandar acquired a S$6.1 million (US$4.8 million) stake in local rare earth miner Southern Alliance Mining Ltd, which is expanding its rare earth business.
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Samsung Electronics and SK Hynix shares fell due to concerns over Chinese competitors and comments from Broadcom.
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BlackRock, the world's largest asset manager, has adjusted its core allocation: overweighting short-term U.S. Treasuries, and downgrading U.S. equities and MBS to neutral.
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Broadcom is seeking to raise over $50 billion from investors including Blackstone, while Intel raised approximately $20 billion in August.
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