Can the Biggest Bet on Bitcoin Hold Up?

Investors are willing to pay a premium for Michael Saylor's gambit. 


 
Foreign Direct Investment in China Continues to Fall

Foreign direct investment in China dropped, continuing a fall that started after economic growth plateaued amid a prolonged property downturn and weak domestic demand. 


 
Santander Expects to Pay Out More Than $6.5 Billion to Shareholders for 2024

Santander said it expects to pay out more than 6 billion euros ($6.52 billion) in dividends and share buybacks for this year. 


 
Hannon's Take: The Swiss Aside, Central Bankers Have Yet to Declare Victory

It is increasingly clear that central banks in rich countries expect to lower rates over coming months. But only one has declared victory in the battle to tame inflation. 


 
Financial Services Roundup: Market Talk

Gain insight on Elliott Investment, M&G, Virgin Money and more in the latest Market Talks covering Financial Services. 


 
Robinhood Co-Founder to Step Down as Creative Chief

Baiju Bhatt launched Robinhood with Vlad Tenev in 2013 and served as its co-chief executive until 2020, when he transitioned to chief creative officer. 


 
FTX Chief Accuses Bankman-Fried of Lying to Get Sentence Reduced

John J. Ray III, the chief executive of FTX appointed to clean up the bankrupt crypto exchange's mess, said Sam Bankman-Fried falsely claimed there was zero harm to customers and investors in bid for lighter prison sentence. 


 
Bank of Canada Is Sticking With Its Quantitative Tightening Plan

Senior official rebuts market speculation about early end, spells out asset-purchasing plan once program ends in 2025. 


 
BOE Holds Rates as Switzerland Is First Rich Economy to Cut

The Swiss move indicates borrowing costs are set to fall broadly across advanced economies over the coming months despite signs that inflation is proving stubborn. 


 
Bonds are stuck in a rut as Fed waits to cut rates

More than 80% of U.S. investment-grade corporate bonds are still trading at a discount, according to BondCliQ


(END) Dow Jones Newswires

03-22-24 1615ET