CashNews.co Unlock the Editorās Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Companies often make statements they later wish they could erase. Take BP. Four years ago it declared that the āattractiveā returns from offshore wind power would endure āfor decades to comeā. Now it seems […]
Financial Insights That Matter (Reuters) -Money manager Vanguard said on Monday it will establish a new advice and wealth management division led by industry veteran Joanna Rotenberg. Leading asset managers are expanding their wealth management services to meet growing client demand in the backdrop of an increasingly complex and volatile investment landscape. Vanguard’s CEO Salim […]
Financial Insights That Matter Some investors are considering alternative tokens with great growth potential as Bitcoin price predictions soar to $110K by 2025. These include Pepe, a meme coin with an expanding community, and Lunex Networka rising multi-chain star in the crypto market. Lunex Network has already raised over $4.6 million and sold over 2.1 […]
CashNews.co Unlock the Editorās Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Pimco has become more hesitant to buy long-term American government debt as the $2tn US bond fund manager frets over āsustainability questionsā and the prospect of rising inflation under Donald Trump. The bond giant […]
Financial Insights That Matter In This Story Shareholders of Amazon (AMZN+0.86%) have submitted a proposal to add Bitcoin to the balance sheet. The shareholders of the e-commerce giant are urging the company to learn from MicroStrategy (MSTR-3.67%), which heavily invested in Bitcoin, resulting in an increase in its share price. AIās role in travel: From […]
CashNews.co Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. Hedge funds are using leverage to build larger positions in UK government debt, creating potential new risks in the financial system, the Bank of England has warned. Dave Ramsden, a BoE deputy governor, […]
Financial Insights That Matter By Nikunj Ohri and Aftab Ahmed NEW DELHI (Reuters) -India appointed career civil servant Sanjay Malhotra as its new central bank governor on Monday in a surprise move that leaves markets guessing about the future direction of monetary policy. Financial markets had expected current governor Shaktikanta Das to be handed a […]
Financial Insights That Matter Software development firm MicroStrategy has boosted its massive Bitcoin stash yet again, disclosing Monday that it purchased another $2.1 billion worth of the leading cryptocurrency last week in its fifth-straight weekly buy. MicroStrategy added 21,550 BTC valued at $2.1 billion, with an average purchase price of $98,783, wrote founder and Executive […]
Financial Insights That Matter It was a social media catchphrase, then a merchandising opportunity and, finally, a cryptocurrency. Now, the social media sensation who lent her viral āhawk tuahā moment to a new digital coin is the face of the latest controversy centered around crypto and what some are calling an all-too-familiar racket meant to […]
Financial Insights That Matter Bitcoin has shot up more than 40% since Donald Trumpās victory in the US presidential election, in part on hopes that heāll champion a government reserve devoted entirely to the cryptocurrency. He supported the idea during his campaign, and crypto-friendly legislators have offered ways to make it happen. Itās hard to […]