The Monetary Authority of Singapore (MAS) has partnered with major banks and financial services companies to explore the uses of asset tokenization and decentralized finance (defi). DBS Bank and JPMorgan will pilot the first project. Project Guardian Launched The Monetary Authority of Singapore (MAS), the country’s central bank, announced Tuesday that it has partnered with
Month: June 2022
Municipals were better Wednesday as the smaller primary kicked into gear, while U.S. Treasuries sold off on the front end of the curve and equities ended in the red. Pressure on UST and volatility in equities hit after stronger economic data and continued hawkish Fed speak. “Stocks turned negative as expectations grew that the Fed
Silver (XAG/USD) prices consolidate the biggest daily gain in over a week by refreshing the intraday low with $21.77 during Thursday’s Asian session. In doing so, the bright metal justifies the bearish bias of the options traders, as per the latest Risk Reversal (RR) data from Reuters. One-month silver RR, the spread between calls and
Do you hear that, fellow peasants? A material decline in your standard of living is… by Simon Black of Sovereign Man Here’s a roll-up of some of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Bank CEO: Inflation and
Despite recent interest rate hikes, home values are still rising, with national median listing prices up 14.2% in April 2022 compared to the previous year. If your home’s value continues to climb, does the amount that you can borrow on a home equity loan continue to increase as well? Key Takeaways As your home’s value
For four years, Toshiba has been at war with its investors in an acrimonious conflict that has smashed the decades-old conventions of corporate Japan. But now, after a bruising series of clashes and defeats for the company in shareholder votes, Toshiba is poised to make history once again — with a ceasefire. In a decision
Fourteen years after joining Facebook, Sheryl Sandberg is leaning back and stepping down. Her departure as chief operating officer of Facebook’s parent company Meta and right-hand woman to founder Mark Zuckerberg comes at a low point for the company. Known for adding cosy anecdotes to investor calls about the small businesses that use Meta’s digital
Priyanka Godbole, a 24-year-old public relations professional in New York, had the first market panic of her life in mid-March, when the S&P 500 index plunged deeper into correction territory. In a frantic group chat with friends, she typed, “Have you seen what happened today?” That March 14, Wall Street’s gauge of leading U.S. companies
Corporate insiders give us one of the clearer signals available in the stock markets. The insiders are company officers, with ‘inside’ positions that give them greater access to company plans and resources, the very facts that will impact stock prices. Governmental regulators require insiders to publish their trades in a timely manner, as a way
OPEC+ is expected to stick to its current production agreement for now, but behind the scenes the oil-producing nations could be planning for the day when Russia’s contribution to world oil supply could be far reduced. The European Union’s move to ban most Russian oil and put new sanctions on shipping insurance could seriously hamper
Bitcoin (BTC) and the wider cryptocurrency market are taking a breather after the rally on May 31. Meanwhile, most altcoins remain severely oversold, with most between 70% and 90% below their all-time highs. Total altcoin index capitalization What is clear is that fear is everywhere and blood is in the water. Risk-on markets are suffering
There’s nothing like a direct flight to ease international travel. Largely the domain of major cities with populations in the multimillions, this summer the opportunity to fly nonstop will be available from Madrid, Spain, to Los Cabos, Mexico. The tourist destination – with a population of more than 350,000, according to DataMexico.org – has long
A “For Sale” sign outside a house in Crockett, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images Mortgage rates rose sharply this week, after pulling back over the last three weeks. The 30-year fixed hit 5.36% Monday and then moved higher again Tuesday to 5.47%, according to Mortgage News
Fidelity is planning a hiring spree to add ether trading and custody services to its cryptocurrency business. “As the demand for digital assets continues to steadily grow and the marketplace evolves, we will continue to expand our hiring efforts,” a Fidelity executive explained. Fidelity Expanding Crypto Services Fidelity Investments’ digital assets subsidiary, Fidelity Digital Assets,
My 90-year-old uncle, a retired county employee, has had a Medicare Advantage preferred provider organization (PPO) plan for the last eight years. He sees his primary physician once or twice a year. However, now he has been experiencing dizzy spells and falls. His physician ordered a slew of medical tests. I asked my uncle, “Does
Sacramento-based Sutter Health received an improved outlook to stable from negative by Moody’s Investors Service, reflecting expectations that the health system’s improved financial position will continue. The outlook revision affects $4.5 billion in debt. “The affirmation of the A1 rating and the revision of the outlook reflect our expectation that recent operating improvements will be
Juan Jose Napuri/iStock via Getty Images The Q1 Earnings Season for the Silver Miners Index (SIL) has finally ended, and one of the first companies to report was Endeavour Silver (NYSE:EXK). From a headline standpoint, the company had a solid quarter, reporting 4% higher production and a significant increase in revenue (+68% year-over-year). However, the
How to thrive in a significant peaking phase of the economic & market cycles? by Chris Vermeulen of The Technical Traders Managing emotions you say? Often we hear that we are supposed to trade without emotion as if we’re robots. That’s a big fat myth. “If you can keep your head when all about you
One result of accumulating wealth may be a desire to keep it in the family by passing along assets to future generations. Life insurance is a popular way for the wealthy to maximize their after-tax estate and have more money to pass on to heirs. A life insurance policy can be used as an investment
Elon Musk is demanding Tesla workers show up for at least 40 hours a week in the office or find another employer. The Tesla chief executive sent off two emails to staff declaring that “remote work is no longer acceptable” and that manufacturing great products “will not happen by phoning it in”. Musk wrote to
UK prime minister Boris Johnson on Wednesday stepped up his calls on the EU to agree to scrap “pointless” checks on goods entering Northern Ireland under the region’s post Brexit trading regime. Johnson’s remarks came after former UK premier Tony Blair, who signed the 1998 Good Friday Agreement that ended three decades of conflict in
Edward Jones paid the price for its higher overall business in the first quarter in the form of lower earnings, amid the continuing decline in its headcount of financial advisors. Regardless, the attrition is slowing and the May 6 quarterly SEC filing of the firm’s parent partnership, The Jones Financial Companies, displays other signals that
A disrupted supply-chain ecosystem is one of the gravest challenges that businesses across the world are facing today. In such a scenario, understanding market leaders of a capital intensive sector like supply chain could prove to be beneficial for investors. Taking this into account, today, we will talk about A.P. Møller – Mærsk A/S (AMKBY),
Pedestrians pass in front of the Salesforce Tower in New York. Victor J. Blue | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Salesforce — Shares of the enterprise-software maker jumped nearly 10% after the company’s stronger-than-expected quarterly earnings report. Salesforce also lifted its full-year earnings guidance, but reduced its
Crypto has inherited many values that were popularized in the early days of the internet. Many participants in the crypto space have been anonymous since the beginning of Bitcoin (BTC), since using this digital money offers a certain degree of anonymity so long as nobody knows the public address of the user. The true identity
With America’s infrastructure challenges and acute housing shortage demanding solutions, is it possible standardization may provide a few of the answers? Some leading design industry observers believe so. They are convinced standardization and repeatability when combined with the ability to produce all kinds of buildings and taken to warp speed just might be game changers.
A single family home is shown for sale in Encinitas, California. Mike Blake | Reuters Mortgage demand slipped to the lowest level since December 2018, even after rates declined slightly last week. Applications for a mortgage to purchase a home fell 1% last week compared with the previous week, according to the Mortgage Bankers Association’s
During the last seven days, the cryptocurrency cardano has increased in value by 17.3% against the U.S. dollar, as the community anticipates the upcoming Vasil hard fork, an upgrade that aims to improve the network’s throughput and enhance smart contract capabilities. Moreover, according to a poll involving 24,468 crypto enthusiasts, cardano is predicted to reach
Today’s Social Security column addresses questions about whether to delay filing after stopping work early, whether there’s any reason to delay filing past 70 and potential benefits for a surviving spouse with two young children. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc.
Transcription: Chip Barnett: (00:03)Hi, and welcome to another Bond Buyer podcast. I’m Chip Barnett. My guest today is Howard Globus, cybersecurity, evangelist, founder, and CEO of IT-on-demand.com. And he’s dedicated to helping businesses and individuals stay safe while working in an, an evermore connected online world. With over 25 years of experience in cybersecurity, working