Edition:
India

Chris Prentice

Trump says he saved 51 million jobs in pandemic. Economists, U.S. officials say otherwise

28 Aug 2020

By Lawrence Delevingne, Chris Prentice, Michelle Price and Jeff Mason

Airport contractors to be included in COVID-19 stimulus program audit -Treasury watchdog

13 Aug 2020

WASHINGTON The U.S. Department of the Treasury's internal watchdog said on Wednesday it is including a group of airport contractors in its audit of a coronavirus stimulus program aimed at aiding the aviation sector, after lawmakers pressed the agency to halt their funding.

In finding U.S. disaster loan fraudsters, YouTube, Instagram are just the start: watchdog

11 Aug 2020

WASHINGTON For small business owners or others searching for advice on applying for a U.S. government disaster loan, there's plenty to be found on social media. But that's just the beginning of potentially fraudulent activity the Small Business Administration's top watchdog is keen to root out.

Interactive Brokers to pay $38 million in penalties to U.S. regulators

10 Aug 2020

WASHINGTON/NEW YORK Interactive Brokers LLC will pay $38 million in penalties to settle charges it failed to flag suspicious activity and meet anti-money laundering requirements, U.S. markets regulators said on Monday.

Asia shares set to open higher as traders await U.S. payrolls

07 Aug 2020

WASHINGTON Asia shares were poised to open higher on Friday, tracking global equity markets' overnight gains as investors awaited a U.S. nonfarm payrolls report.

GLOBAL MARKETS-Dollar wallows and stocks inch higher as stimulus eyed

06 Aug 2020

SINGAPORE/WASHINGTON, Aug 6 The dollar languished and just about everything else rose on Thursday, as markets took patchy U.S. economic data as a harbinger of ever more stimulus and brinkmanship on Capitol Hill as a sign that a deal on a new U.S. stimulus package is close.

GLOBAL MARKETS-Asia futures mixed as gold prices hold near record peak

06 Aug 2020

WASHINGTON, Aug 5 Asia futures were mixed on Wednesday and gold traded mixed, after U.S. and European equities gained overnight on strong earnings results.

U.S. SEC co-director of enforcement to leave agency: statement

06 Aug 2020

WASHINGTON A co-director of enforcement at the Securities and Exchange Commission, Steven Peikin, will leave the agency Aug. 14, the top U.S. financial markets regulator said on Wednesday.

UPDATE 1-U.S. SEC co-director of enforcement to leave agency -statement

05 Aug 2020

WASHINGTON, Aug 5 A co-director of enforcement at the Securities and Exchange Commission, Steven Peikin, will leave the agency Aug. 14, the top U.S. financial markets regulator said on Wednesday.

GLOBAL MARKETS-Asia shares poised to open lower, gold at fresh record

05 Aug 2020

WASHINGTON, Aug 4 Asia shares were set to open lower on Wednesday, following a choppy trading session on Wall Street and losses in Europe.

World News

Brexit negotiations restart in person as clock ticks down

Face-to-face negotiations between Britain and the European Union over a trade deal restarted earlier on Saturday as the two sides make a last ditch attempt to reach an agreement with just five weeks to go before their current relationship ends.