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Redbridge Causeway refurb reaches final phase

Redbridge Causeway refurb reaches final phase

Redbridge Causeway With approximately 60,000 vehicles a day using the Redbridge Causeway, the £25m refurbishment is expected to increase the structure’s lifespan by 60 years. Milestone Infrastructure will carry out repairs to the causeway’s defective concrete before installing an impressed current cathodic protection system (ICCP) to protect the structure from deterioration from tidal and saltwater …

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Ivars Azuins Was Extradited to the United States, Charged with Wire and Securities Fraud

Ivars Azuins Was Extradited to the United States, Charged with Wire and Securities Fraud

Early in 2021, the US Securities and Exchange Commission (SEC) charged Ivars Auzins (29) with fraud. According to the allegations, between November 2017 and July 2019 Auzins received more than $7 million at his company Auzins Entities. After receiving the funds (in cryptocurrencies), the company disappeared without providing the services it said to deliver. On …

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Singapore’s MAS Seeks Information on Crypto Business Activities

Singapore’s MAS Seeks Information on Crypto Business Activities

The Monetary Authority of Singapore (MAS) has sent an array of questionnaires to cryptocurrency exchanges operating in the city-state asking for granular details about their business activities. According to a Bloomberg report on Friday, the regulator is seeking information on top tokens owned by the exchanges, top counterparties for lending and borrowing, and the loaned …

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Indian Agency Raids Crypto Exchange CoinSwitch Kuber for FX Law Violations

Indian Agency Raids Crypto Exchange CoinSwitch Kuber for FX Law Violations

Indian anti-money laundering agency, Enforcement Directorate (ED), raided the premises of CoinSwitch Kuber, one of the largest local cryptocurrency exchanges, under the suspension of forex law violations. The agency searched five premises linked to the crypto exchange, including office facilities and residences of directors and the CEO. CoinSwitch allegedly violated the Foreign Exchange Management Act …

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AUD/JPY struggles to justify upbeat Aussie Retail Sales, firmer yields around 95.00

AUD/JPY struggles to justify upbeat Aussie Retail Sales, firmer yields around 95.00

AUD/JPY pauses the pullback from intraday high but lacks upside momentum. Australia Retail Sales grew 1.3% MoM in July, versus 0.3% expected and 0.2% prior. Yields remain firmer amid hawkish central banks, recession woes. RBA versus BOJ divergence keeps buyers hopeful even as challenges to risk weigh on prices. AUD/JPY keeps Friday’s pullback from a …

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AUD/USD attempts to build a cushion around 0.6850 on upbeat Aussie Retail Sales data

AUD/USD attempts to build a cushion around 0.6850 on upbeat Aussie Retail Sales data

AUD/USD will likely display a short-lived pullback on better-than-expected Aussie Retail Sales data. Aussie Retail Sales have landed at 1.3% vs. the consensus of 0.3% The DXY has refreshed its two-decade high at 109.32 on soaring risk-off. The AUD/USD pair has sensed buying interest near 0.6850 as the Australian Bureau of Statistics has reported upbeat …

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