New York Financial News

The United States Securities and Exchange Commission (SEC) has filed an objection to Celsius Network’s reorganization plan based in part on the regulator’s own ongoing lawsuit with crypto exchange Coinbase.

By Davide Barbuscia

Interpol, on Monday issued a Red Corner Notice against Karanvir Singh, a member of the banned terrorist group Babbar Khalsa International. Interpol updated its website by putting out a Red Corner Notice for the Khalistleader. According to intelligence sources, Singh is believed to be hiding in Pakistan and was a member of the pro-Khalistan terrorist group Babbar Khalsa International. As per the Interpol portal, 38-year-old Karanvir Singh has roots in Punjab's Kapurthala district. Further, according to Interpol, Singh is wanted by India for criminal conspiracy, murder, offences related to the Arms Act, and Explosive Substances Act, raising funds for terrorist acts, conspiracy, and being a member of a terrorist gang or organisation. A Red Corner Notice is a request to the law enforcement authorities of Interpol's member countries to find and temporarily detain a person until extradition, surrender, or a similar legal process can take place. Earlier, Interpol issued a Red Notice to all member countries against gangster Himanshu alias Bhau, who is believed to be living abroad. Giving details, a spokesman of Haryana Police said Rohtak Police succeeded in getting a Red Corner Notice issued against a most wanted accused, who is believed to have fled abroad. The Red Corner Notice against the wanted pro-Khalistani leader comes amid a diplomatic spat between New Delhi and Ottawa in the wake of Canadian Prime Minister Justin Trudeau's claim of an India hand in the killing of Sikh separatist leader Hardeep Singh Nijjar. New Delhi dismissed the allegations, calling them 'absurd' and 'motivated'. At a news conference in New York, the Canadian PM, however, failed to present any evidence to back his claim of Indian involvement in

US Treasury yields were higher on Monday, with the benchmark 10-year Treasury yield building on three straight weeks of gains on expectations the U.S. Federal Reserve will keep interest rates at higher levels for longer than initially anticipated. Chicago Fed President Austan Goolsbee said on Monday that inflation remaining entrenched above the central bank's 2% target remains a bigger risk than tight Fed policy slowing the economy more than needed. The yield on 10-year Treasury notes was up 9 basis points to 4.525% after climbing to 4.533%, its highest since October 2007. «Essentially, the yield curve is going to start pricing in a recession, that is usually what happens when the yield curve steepens as much as it does,» said Tom di Galoma, co-head of global rates trading at BTIG in New York. «You had the big inversion move, we've been inverted for a good 15 to 18 months, and now the curve is steepening out, and that is a bit because the long-end has just kind of given way to higher rates.»Goldman Sachs last week pushed out its expectations for a Fed rate cut from the second quarter of next year to the fourth quarter of 2024. Expectations for another 25 basis point hike by the Fed at its November meeting have shrunk to 18.4%, down from 34.1% a week ago. The yield on the 30-year Treasury bond was up 12 basis points to 4.642%. Economic data was light on Monday but investors will get a look at several data points on the housing market this week, along with the final reading of second quarter gross domestic product and personal consumption expenditures. A closely watched part of the U.S.

By Iain Withers

The California Legislature sent a wide range of bills to Gov. Gavin Newsom's desk this year to help the state mitigate and adapt to climate change

A sluggish day for stocks is keeping September on track to be the worst month of the year for Wall Street

At the U.N. General Assembly meeting in New York, African leaders are relaying a unanimous message, that their continent of more than 1.3 billion people is done being a “victim” of a post-world war order and must be recognized and partnered with as a g...

By Gram Slattery, James Oliphant, Nathan Layne

NEW YORK (Reuters) — Deutsche Bank-controlled investment firm DWS will pay $25 million to settle charges over misstatements regarding its environmental, social, and governance (ESG) investing and failures in policies designed to prevent money laundering, U.S. regulators said on Monday.

Exciting news! Mint is now on WhatsApp Channels . Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Brandon Stanton who launched "Humans of New York" in 2010, sharing interviews with city residents alongside their photos. It was a runaway success and three years later, Karishma Mehta started "Humans of Bombay" in her home city of Mumbai, which now has 2.7 million followers on Instagram.

Three years and nearly $1 billion later, Wells Fargo & Co. is finally playing offense in one of Wall Street’s hottest battlegrounds: wealth management.

Investors have about $2 trillion of funds available to invest, and about $100 billion to $150 billion of that is focused on India, according to Anu Aiyengar, JPMorgan Chase & Co.’s global head of mergers and acquisitions.

IFM Investors’ private equity unit is getting ready to celebrate a big payday at its NDIS business My Plan Manager.

The Labor Department said it is investigating plants operated by poultry giants Perdue Farms and Tyson Foods following a report that some of the companies’ contractors employed migrant children to clean meat-processing plants. The New York Times magazine last week published an article that said migrant children were working overnight shifts at some of the companies’ plants. Perdue and Tyson said they would cooperate with any federal investigation.

Portofino Technologies, a Swiss-based start-up founded by Alex Casimo and Leonard Lancia, has filed a motion to dismiss a lawsuit brought against them by Citadel Securities. 

Bloomberg Television's Rishaad Salamat, Aiyengar said, “As we look at a combination of the inflows into the Indian market, as well as the exits financial sponsors have successfully been able to do, that bodes well for more money getting deployed in India." “It is hard to find a market like this which has the growth characteristics and stability as well as tech, health care, and infra solutions that are being provided by a multitude of companies," Aiyengar added. The New York-based banker also pointed to India’s fast-rising GDP among the attributes that make it so attractive.

The cost of building Allkem’s three flagship projects – one in Canada and two in South America – has blown out by $US413 million ($640.7 million) because of higher labour and material expenses, the lithium hopeful says.

Five Eyes partners" prior to Canadian Prime Minister Justin Trudeau's allegations against India regarding the killing of a Khalistani extremist Hardeep Singh Nijjar on Canadian soil. David Cohen, the US Ambassador to Canada, confirmed this revelation in a televised interview. «I will say this was a matter of shared intelligence information,» he said.

Nord Stream pipelines, cutting off a major route for Russian gas exports to Europe and reports allege that Ukrainians may have played a role in this. The blasts occurred in the economic zones of Sweden and Denmark, so both countries launched investigations into the incident. So far, they say the explosions were deliberate, but they have yet to single out who was behind the blasts, according to a report in Aljazeera. On September 26, 2022, several underwater blasts ruptured three of the four pipelines comprising Nord Stream 1 and Nord Stream 2, throwing vast amounts of gas into the Baltic Sea near Bornholm, Denmark. “Dutch military intelligence warned the CIA of a Ukrainian plan to blow up the pipelines three months before the attack, Dutch broadcaster NOS and Germany’s Die Zeit and ARD reported in June.

Elon Musk's biography by American author-journalist Walter Isaacson saw a robust sale in the first week of its launch, selling 92,560 copies. The sale of the biography of Tesla founder and X (formerly, Twitter) — titled 'Elon Musk' — included print copies sold through September 16, according to data collected by book tracker Circana BookScan. Musk on Sunday posted on the bumper sale figure: «Cool, although it's kinda weird seeing so many close-up pics of my face.» The feat makes 'Elon Musk' biography the second best-selling first week title after Isaacson's 2011 biography of late Apple Co-founder Steve Jobs, which sold nearly 383,000 copies in its first week. The book was published just weeks after Jobs' death on October 5, 2011. Isaacson chased Musk for two years, «attended his meetings, walked his factories with him, and spent hours interviewing him, his family, friends, coworkers, and adversaries,» according to book's publisher, Simon & Schuster. He has also written best-selling biographies of Einstein and Benjamin Franklin. 'Elon Musk' also topped The New York Times' combined print and e-book nonfiction and hardcover bestseller list. It is also on Amazon's bestseller list, retailing for $20.99. The book has revealed several facets of Musk's life, including his personal relationships with multiple women.