Tuesday 21 September 2021

Reuters Global Investor: Investors grappling with Evergrande fallout weigh risk of wider pain

Investors grappling with Evergrande fallout weigh risk of wider pain

Investors unnerved by the fallout from heavily indebted Chinese real estate company Evergrande were gauging the potential for a wider shakeout after a selloff hit stocks around the world.

Cryptocurrencies post 5th straight week of inflows -CoinShares

Cryptocurrency investment products and funds saw inflows for a fifth consecutive week as market sentiment on the sector continued to improve, data from digital asset manager CoinShares showed on Monday.

BofA names three bankers to drive financials-focused investment banking -memo

Bank of America Corp has named three bankers to head its global financial institutions investment banking business, according to a company memo seen by Reuters on Monday.

U.S. SEC warns investors of risks from certain Chinese business entities

The U.S. Securities and Exchange Commission (SEC) on Monday issued its latest warning to people looking to invest in Chinese companies listed in the United States.

Coinbase scraps plans for crypto lending program

Coinbase Global Inc has scrapped its plan to launch an interest-yielding USD Coin (USDC) lending program, the cryptocurrency exchange said in a blog post.

NextGen Healthcare hires Sides from Teladoc Health as CEO

NextGen Healthcare Inc said on Monday it has hired healthcare information technology veteran David Sides as its chief executive officer, three months after his predecessor left.

Social Security doomsayers are wrong again, but reform choices loom

The U.S. government recently released its annual report on the health of Social Security. Not surprisingly, that was met with a slew of doomsday forecasts from pundits and media.

Investors tense up as fears of post-election gridlock rise in Canada

Foreign investors are growing more worried that Canada's federal election on Monday could result in a deadlock that hampers Ottawa's response to the COVID-19 pandemic and further slows the economic recovery from the crisis.

Billionaire hedge fund managers Cohen, Dalio tout cryptocurrencies

Billionaire investors Steven Cohen and Ray Dalio have joined the cryptocurrency craze by putting cash to work and saying at a conference this week that bitcoin and other digital currencies are an interesting way to diversify their holdings.

Shareholder support for U.S. climate measures hits nearly 50% -report

Support for climate-related shareholder resolutions at U.S. companies rose significantly this year, according to a report released on Wednesday, as investors focused on economic threats posed by global warming.

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