By Yantoultra Ngui and Rae Wee SINGAPORE (Reuters) -State-backed investment banks China International Capital Corp and China ...

The Wall Street banking giants are joining to a growing roster of traditional financial firms to offer tokenized versions of ...

Bursa Malaysia Bhd is maintaining its pre-tax profit (PBT) target of between RM369 million and RM408 million for the ...

The ringgit opened flat against the US dollar but rose against other major currencies, with investors still weighing the ...

Of the 78 money funds that asked for help from their management firms, 21 would have broken the buck without that assistance, according to the Fed study. And 32 funds needed help more than one time.

Many money market funds are still offering yields above 4%, reflecting prevailing short-term interest rates. That far exceeds the average savings account, giving investors an incentive to move ...

Investor Chamath Palihapitiya recently flagged the trend, saying that the “market is risk-off,” while referring to money market funds hitting a record high of $7.24 trillion in May.

shares soaring to an unprecedented $4 trillion market capitalization and a fresh all-time high, pushing the Nasdaq to close at a record high. The SPDR S&P 500 ETF Trust SPY -0.41% + Free Alerts ...