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Global digital asset banking group Sygnum has announced the launch of an institutional crypto asset management service targeting the $100 billion corporate crypto treasury sector. Sygnum Select, launched on Thursday, is described as a “discretionary mandate service” that applies Swiss banking’s established portfolio management model to crypto assets. The service launches with live client mandates, client assets, and $200 million in actively managed portfolios already in place, a Sygnum spokesperson told Cointelegraph.The move comes amid solid growth in corporate and public digital asset treasury companies (DATs) over the last few years, which now hold over $100 billion in crypto assets.“Yet many…
Rates on money market funds have been steadily marching lower, but investors hoping to make a little more money on their cash can do so – if they’re willing to take a little more risk. Even as the Federal Reserve has lowered its key interest rate to a range of 3.5% to 3.75% and yields on money market funds have come down sharply from their highs, investors continue to shovel cash into these funds. Assets in money market funds totaled $7.79 trillion in the week ended Feb.18 , according to the Investment Company Institute. The days of yields beyond 5%…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK government debt sales are expected to drop for the first time in four years, in a sign that chancellor Rachel Reeves’ effort to keep a lid on borrowing is easing pressure on the gilt market.Big investment banks expect £247bn of gilt sales for the year to March 2027, according to the average of seven estimates, down from the £304bn the UK is raising in the current fiscal year.The drop in issuance expected alongside next week’s spring forecast for the public finances…
Salesforce announced a $50 billion share buyback and a new AI metric, but investors remain focused on the threat of AI disruption.
Shares of surged on Wednesday, February 25, 2026, after the company and jointly announced the launch of “Uber Air powered by Joby” – a fully integrated air taxi booking service now live in Dubai. The announcement marks a pivotal commercial milestone for Joby, which has spent years developing its all-electric vertical takeoff and landing (eVTOL) aircraft and navigating a rigorous FAA certification process. The news comes on the same day as Joby’s Q4 2025 earnings call, adding further market attention to the stock. Investors responded swiftly, pushing shares up over 6% in premarket trading as the partnership signals that the…
Bitcoin came within touching distance of $70,000 on Wednesday before pulling back to around $68,300 in Thursday morning trading, a nearly 5% swing from the session high to the overnight low of $67,700. The move marks the strongest attempt to reclaim the $70,000 level since the Feb. 5 crash but stopped short of a clean breakout.The more interesting story was underneath. Altcoins outperformed across the board, with ether up 8.5%, solana gaining 6.9%, cardano surging 10.8%, and dogecoin adding 8.3%. Bitcoin’s 4.3% gain was among the smallest in the top 10.That kind of divergence typically signals risk appetite returning to…
Paramount saw losses rise in its latest quarter, while revenue and streaming subscribers grew in the first full reporting period since its merger with Skydance.
SEOUL, SOUTH KOREA – 2025/05/07: General view of the headquarters of the Bank of Korea in central Seoul. The Bank of Korea (BOK) is the central bank of South Korea and the institution that issues the Korean won. It was founded on June 12, 1950 in Seoul. (Photo by Kim Jae-Hwan/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesSouth Korea’s central bank stood pat on interest rates on Thursday and signaled policy would stay unchanged for the next six months as a chip boom in exports and steady inflation allow policymakers more time to assess financial stability risks.The…
A group of 14 law firms representing nearly 20,000 plaintiffs is seeking to intervene in Bayer’s proposed class action settlement of Roundup litigation, citing concerns that the deal will not be fair to cancer sufferers.The group filed both a motion to intervene and a motion for an extension of time for court preliminary approval of the deal in St Louis city circuit court in Missouri late on February 24.The law firms say the deal appears “unprecedented” and raises multiple “red flags”.“It is hard to escape the impression that the proposed settlement would give Monsanto everything it desires – a near-complete…
Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Siemens and Nvidia announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflow. Photographer: Bridget Bennett/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesNvidia just reported its 11th straight quarter of revenue growth above 55% as the leading tech names keep snapping up the company’s AI chips. Already the world’s most valuable public company, growth is now reaccelerating.In its earnings report Wednesday, Nvidia said year-over-year…
