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Business 21 Feb 2011 | 12:00 AM

US ‘flash crash’ panel calls for market overhaul

WASHINGTON/NEW YORK: Regulators should stem the growing tide of anonymous stock-trading and consider imposing fees on high-frequency traders, said a panel of experts advising how to avoid another 'flash crash'.

Cryptocurrency 26 Nov 2018 | 9:01 AM

Bitcoin's deepening crash now rivals its worst bear markets

HONG KONG: Bitcoin’s tumble worsened over the weekend, putting the 2018 crash within striking distance of the cryptocurrency’s worst bear markets.

Cryptocurrency 15 Jan 2018 | 3:52 AM

Singapore central bank head hopes cryptocurrency tech will survive "crash"

SINGAPORE: Singapore's central bank head said on Monday he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash in the virtual coins.

Economy 17 Mar 2017 | 12:00 AM

Iceland booming but no crash in sight, central banker says

REYKJAVIK: Iceland’s economy is booming and may overheat but there will be no repeat of the crash that plunged the country into a major financial crisis in 2008, central bank governor Mar Gudmundsson told AFP in an interview.

Business 24 May 2013 | 9:36 AM

NYSE says AEP, NextEra trades stand after crash at open

NEW YORK: All trades in American Electric Power Inc and NextEra Energy Inc in a crash that happened in the first minute of trading on Thursday will stand, the New York Stock Exchange said, following the latest in a flurry of unexplained sharp drops in the market.

Business 22 Nov 2013 | 6:59 PM

Singapore Exchange divides role of regulatory, risk chief after penny stock crash

SINGAPORE: Singapore Exchange Ltd (SGX) said on Friday it had split the role of its regulatory and risk chief officer, a move that follows a penny stock crash that raised questions about the firm's regulatory abilities.

Business 30 Apr 2010 | 12:00 AM

US Congress proposes black boxes for cars to record crash info

WASHINGTON: New cars and trucks would be required to carry black boxes to record crash information and automakers would pay fees to help fund the government's auto safety agency under a series of proposals in Congress in response to Toyota's massive recalls.

Business 24 Jun 2005 | 12:00 AM

Rats partly to blame for crash of New Zealand communications system

Rats gnawing through fiber-optic cable contributed to a catastrophic crash of telecommunications systems across New Zealand's North Island this week, Telecom Corp. said.

Business 31 Mar 2019 | 10:58 PM

Russia's richest woman and co-owner of Siberia Airlines dies in crash

MOSCOW: Natalia Fileva, chairwoman and co-owner of Russia's second largest airline, died when a private jet she was in crashed near Frankfurt on Sunday, the company said.

Cryptocurrency 13 Sep 2018 | 12:00 AM

Crypto's 80% plunge is now worse than the dot-com crash

HONG KONG: The Great Crypto Crash of 2018 looks more and more like one for the record books.