Singapore updates its money laundering risk assessment Singapore: Gems and metals, and digital payments are two new sectors identified as high risk for money laundering activities, according to Singapore’s latest national risk assessment. The report, released on Thursday (20 June), also showed that the main threat to Singapore in this sector comes from domestic and … Read More “Digital payments and precious metals are among the high-risk sectors as” »
Category: Crypto
Elon Musk got paid. And a lot. Here’s where it gets interesting: Musk has to make Tesla so big, successful, and valuable that the tens of billions of dollars he gets will seem cheap in comparison. You might think selling cars is the way to get there, but you could be wrong. Musk, and by … Read More “Tesla’s Big, Big, Disruptive Future” »
Asian shares were mixed on Wednesday after U.S. benchmarks hit new records following the latest signs that the U.S. economy may slow without falling into recession. U.S. futures were mixed and oil prices were little changed. Tokyo’s Nikkei 225 index rose 0.2% to 38,575.54 as Japan’s trade data for May showed exports rose 13.5% from … Read More “Stock Market Today: Asian shares mixed after Wall Street hits new record” »
Asia’s semiconductor and related stocks rose on Wednesday after chipmaker Nvidia became the world’s most valuable company thanks to the AI boom. Nvidia rose 3.6% on Tuesday, giving the company a market capitalization of $3.34 trillion, surpassing Microsoft, which currently has a market capitalization of $3.32 trillion. Earlier this month, Nvidia hit the $3 trillion … Read More “Nvidia’s overnight gains lift Asian chip stocks on AI optimism” »
Global shares edged higher on Tuesday as a tense calm spread across Europe, with traders awaiting comments from a host of U.S. Federal Reserve officials, but the Australian dollar strengthened after the central bank kept interest rates unchanged and warned of inflation. The European stock index STOXX 600 rose 0.2 percent, while the French benchmark … Read More “Global stocks rise, Europe Calm” »
Con artists would accompany them on their journey. A gold merchant described bullion gold as On September 14, an official from the Central Bank of the Military Council said that the Council would only permit gold and lead to be traded through banks. This decision was made after a meeting of the gold and currency … Read More “Dealers in gold predict an uptick in cash payments and underground gold trades.” »
French auditing firm Mazars has ceased all work with cryptocurrency businesses, including Binance, KuCoin, and Crypto.com, the latter two of which were confirmed by Binance. Since then, we have taken down all of Mazars’ crypto reports A Mazars spokesman reportedly told Yahoo Finance that the company “paused its work relating to the issuance of proof … Read More “Mazars, a prominent accounting firm, has cut ties with the cryptocurrency industry” »
There is still disagreement over the true value of non-fungible tokens (NFTs), despite the fact that they gained popularity two years ago among businesses, celebrities, and artists. However, Scott Duke Kominers, the Harvard Business School’s Sarofim-Rock Professor of Business Administration, believes that NFTs could be ready for a resurgence in 2024. Despite the many unanswered … Read More “A Digital Currency Beyond Memes: Neural Network Tokens (NFTs)” »
We get a letter from our mortgage company once every three months. The goal is to get us to make biweekly, rather than monthly, mortgage payments. Essentially, the sales pitch is straightforward. Every week, we’d send in what would have been half of our regular mortgage payment. Instead of 24 payments per year (twelve months … Read More “How Often Should You Pay Your Mortgage?” »
The Internal Revenue Service (IRS) received and processed 261 million federal tax returns and supporting documents in fiscal year 2021. Taxpayers, including people and businesses, are required to supply tax identification numbers as part of the filing procedure. In addition to filing, tax numbers are essential for other tax-related tasks, such as paying payments. However, … Read More “What Are the Various Kinds of Tax IDs?” »
Learning to navigate the complex world of finance in today’s fast-paced, always-evolving environment is more important than ever. The journey towards financial literacy and expertise encapsulated in the title “Financial Intelligence: Navigating the Complex World of Money” is a journey into the many facets of the financial world and the cultivation of the information and … Read More “Ability to make sense of money and the world you live in “ »
Maintaining confidence in monetary dealings is crucial in the dynamic world of private finance. The title, “Credit Confidence: Building Financial Trust,” captures the essence of a trip into the world of credit management, where one develops the understanding and expertise essential to establishing a secure financial footing based on credibility, dependability, and appropriate credit practices. … Read More “Building trust in financial transactions through credit” »