Asia stocks climb, tech shares lead gains ahead of Trump-Xi summit

Key insight: The ruling lets both of the state’s fraud theories proceed, including that Early Warning created “an atmosphere conducive to fraud” — a theory that requires no link between the network and the criminals who exploited it. What’s at stake: A loss for Early Warning could force a bank-owned network to reimburse customers for…

Helcim, a payments company focused on Canadian small and medium-sized businesses, has raised $38 million in new funding. The Calgary startup’s Series C round will help Helcim invest in its platform at a time when many of Canada’s biggest banks are selling or outsourcing their merchant services operations, the company said in a Friday (Aug. 21)…

If you are a 32-year-old man working in Delhi, look up Policybazaar’s table to compare premium rates for the best term insurance rates. The reason is simple: term insurance is a safe way to ensure the financial stability of your family and dependants, since families of the self-employed face significant financial uncertainty upon the policyholder’s…

The Federal Open Market Committee approved the following statement for release by a 9 – 3 vote: The Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent, in support of the Federal Reserve’s dual mandate. The Committee is continuing its policy of maintaining ample reserves in the…

Four priority areas CHLA’s letter centered on four areas: TILA-RESPA Integrated Disclosure (TRID) modernization, Qualified Mortgage points-and-fees revisions, risk-based supervision for smaller independent mortgage banks, and restricting loan originator compensation rules to transactions between firms. On TRID, CHLA proposed a bona fide financial emergency waiver letting consumers voluntarily skip waiting periods during genuine emergencies. The…

The Dow Jones (US30) has extended its rally to record highs, but the next phase of the move could prove more volatile as investors reassess the outlook for US monetary policy and corporate earnings. Softer-than-expected Jun employment data reinforced expectations that the Fed is less likely to tighten policy in the near term, supporting equities…