Over the last two weeks, since the World Economic Forum in Davos, China has been heralded as the world's savior of globalization. The country's leader, Xi Jinping, was the first Chinese president to ever attend the Forum, where he was cheered for touting the wonders of open markets. To many investors, he was a refreshing reminder of the reliable rules of global capitalism at a time when Brexit and Donald Trump are busy rewriting those rules. Yet, according to a number of investors with money at ...
Hackers attack forex broker FXCM FXCM Inc, an online foreign exchange broker, said its systems were hacked and a "small number" of unauthorized wire transfers were made from customer accounts, sending the company's shares down 25 percent to a record low. All funds have been returned to the accounts that were compromised, the company said on Thursday. FXCM said it received an email from a hacker claiming to ...
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