The Monetary Authority of Singapore (MAS), the country’s central bank, has formally approved two companies to provide crypto services. One is the brokerage arm of DBS, the largest bank in Singapore and Southeast Asia. The other is Independent Reserve, a crypto exchange and OTC trading desk. Singapore’s Central Bank Formally Approves DBS and Independent Reserve
Month: October 2021
I was a caregiver for my dad. It was extremely rewarding. And incredibly difficult. It was, in fact, the hardest thing I ever have done. Many family care partners pay a high physical, emotional, and financial price for what they do. Now, as Congress is debating major policy changes aimed at making the lives of
As executive vice president and chief financial officer of Pittsburgh International Airport, Eric Sprys knows of the city’s dark industrial days. “I hear those stories all the time,” he said. Now the airport itself is the latest example of Pittsburgh’s modernization. It is scheduled to break ground Oct. 14 for its $1.4 billion 700,000-square-foot terminal.
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Gold and silver are trading marginally lower heading into the U.S. session. The move lower overnight comes after a decent
Either he’s lying, or he’s totally clueless, so it’s apparently that time to read three very short, super-simple paragraphs on the US Department of Treasury’s website, again… (by Half Dollar) The problem, of course, is that otherwise thinking people, who are lacking in understanding and perhaps newly learning about the markets and the economy, believe
The Securities and Exchange Commission (SEC) has extended the deadline of four Bitcoin exchange-traded funds (ETFs) on Friday for 45 days, citing the requirement for additional time to decide whether to accept the 19b-4 applications. The approval of four Bitcoin ETFs — Global X Bitcoin Trust, Valkyrie XBTO Bitcoin Futures Fund, WisdomTree Bitcoin Trust and
Lowe’s Companies Inc. (LOW) is an American home retailing company that provides customers with an extensive range of home improvement products, including items used for home decorating, repair, remodeling, property maintenance, and installation services. Lowe’s offers its products and services to both retail and wholesale customers. Lowe’s reported fourth-quarter earnings in February 2021. The home retailing company
ESG investing, or when a company’s environmental, social and governance factors are evaluated, is booming, and a panel of sustainability-focused investors said the trend is only going to accelerate from here. Climate change “is a mega-trend that if you take advantage of it, and get ahead of it, it’s going to be an alpha generator
Sony and Zee Entertainment are preparing to enter the bidding for Indian Premier League cricket rights this month as part of a merger between the Japanese and Indian companies, according to people familiar with the matter. A Sony-Zee bid for the 2023-2027 media rights for one of the world’s most valuable sports competitions would set
Guitarist Pat Metheny’s musical collaborations range from John Zorn to David Bowie and he remains the only person with Grammys in 10 different categories. That edgy eclecticism features on his latest album, a trio recorded live in New York, with James Francies and Marcus Gilmore on keyboards and drums. The set opens and closes with
A deal by large money manager Franklin Templeton to acquire O’Shaughnessy Asset Management, a trailblazer of personalized stock portfolios, further nudges financial advisors to embrace a retail investing trend that’s sweeping Wall Street. San Mateo, California-based Franklin said Thursday it would pay an undisclosed sum for O’Shaughnessy, a $6.4 billion investment advisory firm in Stamford,
S&W Seed Company (SANW) is a global agricultural company. It provides different forage and specialty crop products to meet the need for animal proteins and healthier consumer diets. Its product portfolio includes alfalfa and sorghum seeds, along with hybrid sunflower and wheat. SANW endeavors to become an integrated agricultural seed technology company. It recently launched
From a Bel-Air estate to a Spanish Hacienda to an iconic New York residence, these properties offer five-star pedigrees for global buyers. When marketing premier properties, those with a back story are distinctively interesting. Il Sogno, listed for $45 million, is a Tuscan treasure featuring the work of several noted … [+] architects, designers and
Dydx, a decentralized exchange, has seen its trading volumes explode in the last few days, surpassing other recognized decentralized exchanges like Uniswap and Pancakeswap. Some analysts have suggested this might be the result of the latest Chinese cryptocurrency ban causing China-based users to move their trading activities to these platforms. Dydx Bursts With Activity Dydx,
The pandemic is not over, but many of us made travel plans long ago, hoping it would be over by this time. Delayed events, rescheduled celebrations and other family gatherings are still on the calendars of families and aging loved ones. Time has passed since the first thoughts of getting together in person, traveling from
Municipals were little changed with a softer tone Thursday while municipal bond mutual funds saw a drop in inflows to $408 million and high yield saw its first outflows since March 3. For 30 straight weeks, investors put cash into municipal bond funds although their confidence may be waning, according to data released Thursday. Refinitiv
Silver prices rebounded as the dollar initially slipped from a six-month high. Treasury yields were mixed, but the surge in the interest rate differential in favor of the greenback over the past couple of weeks has put pressure on silver prices. Gold prices were also higher, helping to lift the precious metals complex. Since silver
There are three big price drivers currently at work in the gold market… by Stewart Thomson of Graceland Updates 1. There are three big price drivers currently at work in the gold market: The rise of inflation, the huge bull continuation pattern on the weekly price chart, and the war cycle. 2. There are numerous other factors
Lawmakers in South Korea settled a long political battle on Sept. 30th and headed off moves by the ruling party to delay the implementation of the controversial crypto tax legislation. In a meeting on the 26th but only reported yesterday, Finance Minister Hong Nam-ki and key Democratic lawmakers from the National Assembly, South Korea’s legislature,
In 2020, there were $51.1 billion of flows into environmental, social, and governance (ESG) funds available to U.S. investors, marking a nearly tenfold increase over 2018 levels. This stat suggests that more and more investors care about aligning their investments with their values, but is ESG investing, also known as impact investing, right for you?
Inflation will persist and add risk to the market, but one asset class could be a long-term ride, New York Life Investment Management CEO Yie-Hsin Hung said Wednesday. “Interest rates and inflation are going to persist at levels above what we saw pre-pandemic, and it’s going to continue to cause volatility in the market,” Hung
Zoom Video Communications’ bid to buy the cloud software provider Five9 has collapsed just weeks after the US Department of Justice raised national security concerns over the $14.7bn deal and shareholders were advised to vote against the takeover by a powerful proxy group. The companies announced on Thursday they had decided to terminate their agreement following
Outlawed by China, facing a clampdown in South Korea and new restrictions in Hong Kong, the cryptocurrency industry has seized upon Singapore as an unlikely Asian alternative. The country of 5.5m people has long relied on financial services to help power its $344bn economy, and it is now locked in an intensifying race with Hong
Fintech startups like Onramp Invest have new competition in an accelerating race to provide financial advisors access to digital assets like Bitcoin. Flourish, a fintech Mass Mutual Life Insurance Company acquired in 2020 to provide RIAs with cash management services and other financial products, has a new solution to allow independent advisors and their clients
Upstart Holdings (UPST) is a relatively young company in the tech space, founded in 2012 by former Google (GOOGL) employees. Upstart provides a leading, cloud-based AI lending platform. The company’s platform essentially assesses consumer demand for high-quality loans and connects it to its network of AI-enabled bank partners. Such partners include First National Bank of
In this article NVDA RIDE BBBY GM A shopper walks past a Bed Bath & Beyond Inc. store Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Bed Bath & Beyond – Shares of the big-box retailer plunged 23% after the company slashed its revenue and earnings outlook amid supply chain
Sharing is Caring! from Kerry Lutz’s Financial Survival Network [embedded content] Markets continue to fluctuate up and down, and in this episode I discuss these fluctuations with Gil Baumgarten of Segment Wealth Management. Baumgarten reassures us in saying that It is not good for money to only head in one direction—it’s vital for markets to take one step back