Jane Street’s success in India was said to be due to a “secret strategy.” India’s market regulator says the high-frequency trader’s big gains are on account of market manipulation.
Regulation
Donald Trump is proving disastrous for big tech
In the weeks after the re-election of Donald Trump, the bosses of America’s tech giants worked hard to ingratiate themselves withthe returning president, congratulating him publicly and dutifullyturning up to his inauguration. Mark Zuckerberg, the bossof Meta, gushed that it was nice to have an administration that was “proud” of America’s tech champions.
Digital Gold Firm Plans Metal Leasing for India’s Jewelers
Digital Gold Firm Plans: After giving Indians the option to buy gold online for as little as 10 rupees (12 cents), digital gold provider SafeGold is planning to let its customers lease their metal to credit-starved small jewelers.
Trump says Tariffs on $200 Billion of Chinese Goods will Increase to 25%, Blames Slow Progress in Trade Talks
Gold Silver Reports (GSR) – In addition, Trump threatened to impose 25% tariffs on an additional $325 billion of Chinese goods “shortly.”
China-U.S. Trade Talks ‘Making a Final Sprint’: State Media
Chinese state media on Saturday expressed cautious optimism over trade talks between the United States and China, a day after President Xi Jinping said a week of discussions had produced “step-by-step” progress.
UK, EU Agree Tentative Brexit Deal on Financial-Services: The Times
British and European negotiators have reached tentative agreement on all aspects of a future partnership on services, as well as the exchange of data, the British newspaper reported, citing government sources.