March 29, 2024
Finance

Barron’s 100 Most Influential Women in U.S. Finance: Alesia Haas

Coinbase Global’s stock has almost quadrupled since its chief financial officer was profiled here in 2023. That Alesia Haas’ strategy has been consistent speaks volumes more than the share price. Having steered the broker through a prolonged Bitcoin bear market, Haas, 47, is now riding the rally that has picked up since the Securities and

Read More
Loans

China February new bank loans dip more than expected, lending growth at record low

Chinese national flags flutter at Tian’anmen Square ahead of the annual two sessions on Feb. 29, 2024 in Beijing, China. New bank lending in China fell more than expected in February from a record high the previous month, even as the central bank seeks to spur sluggish economic growth and fight deflationary pressures. Vcg |

Read More
Crypto

Coinbase Stock Has Soared. Why the Crypto Platform’s Shares Could Keep Rising.

Coinbase , one of the hottest stocks of the past year, still has room to run, according to some analysts. The trading platform’s shares continue to ride the wave of enthusiasm over financial advisors and institutions’ growing adoption of Bitcoin and other cryptocurrencies. Coinbase Global stock has been one of the top performers of the

Read More
Finance

Two years on, Ukraine’s economy has stabilised, but Western finance firms are finding their Russia exit tricky

Two years on from Russia’s invasion of Ukraine and global finance firms are still feeling the impact of the fallout, with many still scrambling to untangle their businesses from the region. The outlook for international finance giants in Russia remains on a knife-edge, as the country continues to face a host of challenges. These range

Read More
Funds

SEC set to force hedge funds, high-frequency traders to register

The Securities and Exchange Commission is set to impose new rules that would require many private funds to register with the agency as so-called dealers, a move that regulators say will help them better monitor a sometimes wobbly market for U.S. government debt. When firms that deal Treasury bonds register with the SEC “they become

Read More
Investors

Opinion: Is Nvidia today’s Cisco? Here’s what Ed Yardeni thinks.

“Is Nvidia today’s Cisco? It’s possible. If so, then it has a lot more upside before it crashes — if it crashes.” Is it possible that the meltup phase of the bull market (which started on Oct. 12, 2022) has begun already — having started following the correction low on Oct. 27, 2023? Yes, it

Read More
Crypto

Bitcoin Price Whipsaws as ETF Excitement Builds After SEC Hack

Cryptocurrencies saw volatile trading Wednesday as traders awaited a decision from the Securities and Exchange Commission on whether to approve spot Bitcoin exchange-traded funds. Digital assets have been buoyed for months by ETF approval hopes, with anticipation reaching fever pitch after the agency’s social media account was breached on Tuesday and falsely posted that the

Read More
Funds

M&G funds boss calls for global approach to tokenisation

The chief executive of M&G’s asset management business has urged dialogue between global watchdogs to ensure a consistent regulatory framework for fund tokenisation, after the UK government last year backed an industry-led blueprint on how funds can adopt blockchain technology. In November, the technology working group of HM Treasury’s Asset Management Taskforce — chaired by

Read More
Investors

Europe’s Decision to Ground Boeing 737 MAX 9 Jets Tells Investors Something

The European aviation regulators have followed orders by the Federal Aviation Administration for the temporary grounding of many Boeing 737 MAX 9 aircraft, after a MAX 9 operated by Alaska Air lost a section of its fuselage in midair on Friday. The damaged plane was able to return to the Portland, Ore., airport, where the

Read More
Property

China Is Trying to Fix Its Property Market. The Outlook Isn’t Bright.

Liu Jianguo, a 47-year-old teacher in the second-tier city of Guiyang, considers himself lucky. He lives in a sliver of China where the property market isn’t withering. “I have friends in the big cities,” he said. “They are aware they’re in a bad place for buying or selling real estate.” New home prices in China’s

Read More