CNBC: Never seen ‘such a complete failure’ of corporate controls, says new FTX CEO who also oversaw Enron bankruptcy
CNBC reports: Newly appointed FTX CEO John Ray III minced no words in a filing with the U.S. ...
Shares in the Asia-Pacific traded higher on Wednesday after U.S. stocks rallied for a second day.
Hong Kong’s Hang Seng index surged 5.47% on its return to trade after a holiday Tuesday. The Hang Seng Tech index soared 7.4% higher.
The Nikkei 225 in Japan rose 0.45%, pushing above the 27,000 level, while the Topix added 0.37%.
In South Korea, the Kospi was up 0.15% and the Kosdaq gave up early gains to fall 1.5%. Australia’s S&P/ASX 200 was up 1.72%. MSCI’s broadest index of Asia-Pacific shares outside ...