Financial Services

admin March 16, 2019

Major global markets are enjoying a boomlet in the first three months of 2019, underpinned at least in part by central banks of developed countries that have expressed reluctance to unwind easy-money monetary policies that have become a feature of global economies in the aftermath of the 2008-2009 financial crisis. Indeed, the Stoxx Europe 600 […]

admin March 14, 2019

Tether is back in the headlines after the company updated its terms and conditions to suggest its dollar-pegged digital currency may not be 100% backed by traditional currencies — a claim it had repeatedly stood by in the past. In a statement on its website, Tether said its coin, known as USDT, is backed by […]

admin March 14, 2019

Getty Images Trading in lesser-known, smaller digital assets may offer clues to the health of the broader crypto market, says one investor. In a recent research note, Jeff Dorman, partner and portfolio manager at Arca, a crypto-based asset management firm, said a resurgence in certain smaller digital currencies, or “small-cap cryptos” as he […]

admin March 14, 2019

Wikimedia Commons/Sando Halank Annegret Kramp-Karrenbauer, shown at the signing of a Bundestag election agreement in 2018, called in a weekend Die Welt op-ed for the creation of a European banking market rather than for a banking union. In the European Union’s single market, a market is not necessarily a union. Annegret Kramp-Karrenbauer, the head […]