A Beijing office of China's central bank said on Tuesday it had ordered the shutdown of a Beijing-based software maker over its suspected involvement in cryptocurrency trading. Authorities ordered Beijing Qudao Cultural Development Co Ltd to suspend operations, and its website had been deactivated, the Beijing financial supervision administration and a department of the People's Bank of China said in a statement. The statement said companies in Beijing should not provide venues, commercial displays or advertising for cryptocurrency-related businesses. What happens next will determine whether the standoff could escalate into a conflict as destructive as last y. Bloomberg -- Stocks and U.
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Traders are gearing up for a pickup in volatility following an unusually sleepy stretch for the stock market. History shows stock volatility tends to increase through summer months as liquidity wanes. The Champlain Towers South building was demolished in a controlled explosion. Officials say they remain hopeful that survivors can still be found. A Wall Street Journal analysis of annual disclosures reveals how pay at the biggest U.
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News, sport and opinion from the Guardian's global edition. All world news stories. Hong Kong Police say nine arrested over alleged bomb plot. Suspects aged accused of attempting to make the explosive TATP in makeshift hostel laboratory.