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South Korea says it will impose fines on two global banks for short-selling violations

South Korea says it will impose fines on two global banks for short-selling violations

© Reuters SEOUL (Reuters) – South Korea’s financial regulator on Sunday said it plans to impose penalties on two unnamed global investment banks it is investigating. The Financial Services Commission said it found two global investment banks were engaged in the practice of naked short-selling transactions, which involves selling shares without borrowing them first. The…

Moody’s revises Turkey’s outlook to positive on decisive change in economic policy

Moody’s revises Turkey’s outlook to positive on decisive change in economic policy

© Reuters. FILE PHOTO: Skyscrapers in the Maslak business and financial district in Istanbul, Turkey, January 23, 2020. REUTERS/Murad Sezer/File Photo   MCO +0.79% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25…

China central bank set to cut key rate, boost liquidity Monday to aid economy

China central bank set to cut key rate, boost liquidity Monday to aid economy

© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo   USD/CNY -0.06% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type:…