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BIS signals cryptocurrencies should be regulated like securities

Bloomberg For months, global regulators have been scrambling to get a grip on cryptocurrencies. Yet, even as they debate potential action, a key question looms: What exactly are these things? Now, a consensus appears to be forming around how to define these new instruments. In a speech at the annual general meeting of the Bank for International Settlements in Basel, ...

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US airlines may lose Chinese fliers over Taiwan defiance

Bloomberg With a month to go before the world’s major airlines must comply with Beijing’s order to recognise Taiwan as part of China, US carriers risk flying fewer mainland passengers by staying defiant. While Japan Airlines Co., ANA Holdings Inc. and Australia’s Qantas Airways Ltd. have changed how they described Taiwan on their websites, Delta Air Lines Inc. and American ...

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Boeing gets a jump on air show with $14.4 billion deal

Bloomberg Boeing Co. isn’t waiting for next month’s Farnborough International Airshow to unveil blockbuster aircraft deals — or start booking cash. The Chicago-based planemaker is poised to bolster its backlog with orders valued at $14.4 billion thanks to two transactions announced. That’s a break from an industry practice of stockpiling sales for the biggest annual trade expo that alternates between ...

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