Another false dawn? China’s luxury spending revival seems to be fading: Bernstein

DBS Group Research economist Radhika Rao notes that Indonesia’s parliament has held fit-and-proper hearings for BI Governor nominee Destry Damayanti, who signalled continuity, robust policy tools and stronger coordination with fiscal authorities. Onshore markets have turned more constructive, with USDIDR easing off July highs and the bond curve steepening as foreign investors return to IDR…

Lisa Bodensteiner, the chief legal officer at Synaptics Incorporated (SYNA -0.35%), reported a sale of 20,274 shares of common stock in a transaction disclosed on August 19, according to an SEC Form 4 filing. Transaction summary Metric Value Transaction value $2.2 million Shares sold 20,274 Post-transaction shares (directly held) 78,634 Post-transaction value $8.24 million Transaction…

IEX Q1 FY27 slides: RTM surge drives 12% profit growth amid coupling risk

Gold price (XAU/USD) loses ground to around $4,100 during the early Asian session on Wednesday. The precious metal faces new selling pressure after the US vows a response against Iran following reports of attacks on three oil tankers in and around the Strait of Hormuz. Traders await the release of the Federal Reserve’s (Fed) June meeting…

The 2016 Panama Papers leak tightened regulatory enforcement around money laundering and offshore banking. We investigate whether the diversion of foreign aid in developing countries led to a shift to cryptocurrency as an alternative laundering platform. We develop a disbursement-timed forensic measure of cryptocurrency activity, combining on-chain Bitcoin transactions and wallet creation, off-chain exchange records,…