Meet the Crypto Nomads

Over there Some of the world’s most important cryptocurrency exchanges — platforms like Binance and FTX — are not based in the United States. Yet their founders grew up in North America and trace their professional roots to Wall Street.…

World stocks perk up as volatile week ends on a high

LONDON (Reuters) – World stocks markets perked up on Friday after a volatile week in which sentiment over the global economic outlook waxed and waned with each new headline on the Delta variant of the coronavirus.FILE PHOTO: The London Stock…

GIC increasing focus on sustainable investments

SINGAPORE – GIC has, in recent months, been investing in technologies geared towards reducing food waste and transitioning towards electric vehicles. The sovereign wealth fund launched its Sustainable Investment Fund last July, as it seeks to identify sustainability-related opportunities amid…

U.S. housing market floats back to earth

NEW YORK (Reuters) – The U.S. housing market appears to be straining under the weight of its own pandemic-driven success. Recent data shows the sector is returning from the stratosphere and coming back to pre-COVID levels, as evidenced by a…

U.S. housing market floats back to earth

NEW YORK (Reuters) – The U.S. housing market appears to be straining under the weight of its own pandemic-driven success. Recent data shows the sector is returning from the stratosphere and coming back to pre-COVID levels, as evidenced by a…

Stock Takes: Big deals missing in action from NZ market

Australia is seeing a raft of big takeover offers for its listed companies while in New Zealand merger and acquisition activity seems to be concentrated at the smaller privately owned end of the market. Earlier this month Sydney Airport rejected…

Mercedes-Benz will shift its focus to electric vehicles by 2025.

Mercedes-Benz will shift its focus entirely to electric vehicles in 2025 and be prepared to sell nothing but electric cars by 2030, the company said Thursday, adding a caveat that the transition depends on “market conditions.” Mercedes thus joined a…