Crypto’s $300 Billion Wipeout Marks Harshest Selloff in Months

Cryptocurrencies shed roughly $300 billion in value this week as a wave of leveraged bets unraveled, battering the sector’s biggest tokens and dragging market sentiment to its weakest point since early summer. Ether, the world’s second-largest cryptocurrency, led the...

Goldman Warns of Stock Volatility, Finds Catalysts to Play

The market is on tenterhooks waiting for the Federal Reserve’s next interest-rate move, a crucial earnings season looms large and the threat of a US government shutdown is growing more severe. Add the specter of rising volatility to a list of worries investors need to...

China Buys More Argentine Soybeans as Tax Relief Spurs Trade

China bought at least 10 more cargoes of Argentine soybeans, taking advantage of a temporary break in the South American country’s export levies to stock up amid a trade war with the US, its second-largest supplier. Importers snapped up the shipments on Tuesday,...

Brazil’s 7.5% Tax Bill Plan Rattles LCA, LCI Markets

Brazil President Luiz Inacio Lula da Silva’s administration is racing to balance public accounts ahead of next year’s elections, with the economic team now focused on offsetting the IOF tax. One option under debate is raising the proposed income tax on Agribusiness...