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Anonymous sources have indicated that U.S Treasury officials have identified several stablecoin risks, leading to a future formal review.

Treasury Prepping Stablecoin Clampdown: Report | Crypto Briefing

With China's markets reeling from a financial crisis at Evergrande Group, Beijing is torn over bailing out the country’s leading real estate player to avoid economic disaster as doing so would run counter to President Xi Jinping’s stated policy of not favoring the rich.

Beijing stays out of Evergrande's financial crisis at risk to markets | The Asahi Shimbun: Breaking News, Japan News and Analysis

World Bank leaders, including then-Chief Executive Kristalina Georgieva, applied "undue pressure" on staff to boost China's ranking in the bank's "Doing Business 2018" report, according to an independent investigation released Thursday.

IMF chief called out over pressure to favor China while at World Bank | Reuters

The second-largest Chinese real estate developer has borrowed too much and faces a severe liquidity crisis. Can they get through this and restructure the debt?

China Evergrande Group Plc (SEHK:3333) - A Valuation On 16th September 2021 - by Edmund - Valuabl

Protests are taking place as the Chinese government tries to rectify a possible collapse of its largest housing firm

Evergrande Faces Bankruptcy — 1.5M Could Lose Housing Down Payments - The Tokenist

Disgruntled investors voice anger at headquarters as company appoints advisers and says firesale of assets won’t cover debts

China property giant Evergrande admits debt crisis as protesters besiege HQ | China | The Guardian

Microsoft Corp on Tuesday said it will conduct an up to $60 billion share buyback program, raise its quarterly dividend by 11%, and appoint company President Brad Smith as vice chair.

The European Commission is investigating the idea of an EU Asset Registry.

European Commission investigates the idea of an EU Asset Registry | Brussels Report

A rift is starting to emerge between the chairmen of the two tax-writing committees on Capitol Hill over the size and details of Democratic plans to pay for President Biden’s broad economic agenda.

Senate, House Democrats split over taxes in $3.5T package | TheHill

Sky-high valuations and signs that the flood of cheap cash washing around financial markets may be subsiding suggest the record-breaking run in shares is about to hit the buffers.

Analysis: Stimulus-pumped stocks at risk as warning signals flash red | Reuters

California's recall threatens to remove a Hollywood ally with someone hostile to liberal celebrities and to the state's film tax credit.

Newsom Recall Threatens Hollywood's Tax Credits - Variety

Britain needs to ease taxes on banks and make it easier to hire staff from abroad, its financial and professional services lobby said in a blueprint to help London unseat New York as the world's top international financial centre within five years.

London takes aim at New York with five-year financial plan | Reuters

China will further open its capital markets to foreign investors, the country's top securities regulator said on Monday, adding that it will pursue pragmatic cross-border cooperation to regulate overseas-listed Chinese companies.

China to push on with opening capital markets to foreign investors | Reuters

The gap between what average U.S. workers produce and what they earn has grown ever wider. That's a problem.

Minimum wage would be $26 an hour if it had grown in line with productivity - CBS News

The rate of inflation in the U.S. rose again in July and drove the increase over the past year to a 30-year high, pointing to fresh strains on businesses and...

The big salaries illustrate a shift in global financial hiring driven by the pandemic and rising emerging market wealth.. Read more at

China's hedge funds beat Wall Street with US$300,000 annual pay for AI, computing grads, Banking News & Top Stories - The Straits Times

Germany's central bank says it has been inundated with more than 50 million euros' ($59 million) worth of damaged bank notes after deadly floods that hit part of the country in July.

German central bank inundated with money damaged in floods

Jim Simons — whom Forbes estimated last year is the world’s richest hedge fund manager — and several other executives will pay penalties and back taxes to the IRS.

Hedge Fund Renaissance Technologies Execs Reportedly Pledge Massive $7 Billion Tax Settlement

The West Virginia Democrat said in a WSJ op-ed that he would not support the $3.5 trillion package “or anywhere near that level of additional spending” without further clarity.

Manchin to Dems: Pause social spending plan - POLITICO

General Motors has halted production of the 2022 Bolt EV and Bolt EUV as it works with LG Chem to make new batteries with less risk of catching fire. GM recalled all Bolts — old and new — in August after finding defects in the cells.

GM temporarily stops making the Chevy Bolt after latest recall - The Verge


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