Crypto PACs go into 2024 with $78 million
Three allied political action committees funded by leaders of the cryptocurrency industry will be starting 2024 with a combined $78 million as they aim to be key influencers during the …
Currency markets
Asian family offices bet big on risk — but that could be changing
Singapore city skyline on September 18, 2016. Rustam Azmi | Getty Images News | Getty Images Asia’s family offices used to have a far bigger appetite for risks compared to …
Bank of England holds, says rates to stay high for ‘extended period’
Buses pass in the City of London financial district outside the Royal Exchange near the Bank of England on 2nd July 2021 in London, United Kingdom. Mike Kemp | In …
Five reasons why India stocks are rallying and could keep going
Beautiful and colorful aerial view of Mumbai skyline during twilight seen from Currey Road, on February 16, 2022 in Mumbai, India. Pratik Chorge | Hindustan Times | Getty Images India’s …
Bank of England set to hold interest rates as economists debate 2024 cuts
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank …
India overtakes Hong Kong to become world’s seventh largest stock market
Pedestrians walk towards the Chhatrapati Shivaji Terminus train station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023. Bloomberg | Bloomberg | Getty Images India’s stock market value has …
China banks, Hong Kong, local govt financing vehicles
A pedestrian walks pass a branch of Industrial & Commercial Bank of China (ICBC) in Fuzhou, Fujian province of China. VCG | Getty Images Moody’s Investors Service cut its outlook …
Fed should cut rates at least 5 times next year, portfolio manager says
The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the U.S. economy into a recession, according to portfolio manager Paul Gambles. Gambles, …
NewEdge Wealth sees record rush intensifying
The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year typically creates a bigger appetite for the yellow metal. “It’s …
New Zealand dollar spikes as RBNZ holds rates, warns of more hikes
Pedestrians walk past the Reserve Bank of New Zealand headquarters in Wellington, New Zealand, on Thursday, Sept. 13, 2012. Mark Coote | Bloomberg | Getty Images The New Zealand dollar jumped …