By Tyler Durden, China’s Ministry of Finance has officially asked Deloitte to conduct an internal investigation after a Beijing employee anonymously went whistleblower and alleged auditing violations, according to China Daily. An employee sent out a 55 page PowerPoint deck to every employee’s email alleging auditing violations in China “citing incidences involving New York-listed companies”. “The […]

By Christine hall, Online investment platform Vested Finance is developing an avenue for Indian investors to invest in the U.S. stock market. The company, headquartered in San Francisco, raised $3.6 million in seed funding to accelerate product development and hire talent across the U.S. and India. “Investing in the U.S. market is not a new idea, but […]

By Zhiyuan Sun, Although privacy coins grant users unparalleled protection for their personal information, some fear they can easily be used for illicit purposes. In an email quoted by Reddit users, Kraken, the world’s eighth-largest cryptocurrency exchange by trading volume, announced it would be delisting privacy coin Monero (XMR) in compliance with regulations in the United Kingdom. The platform […]

By Tyler Durden, Update (1305ET): Hours after the NYT published its report about the details of Biden’s “human infrastructure plan,” Bloomberg followed up with a series of headlines that sent markets reeling: Biden is set to propose a capital gains tax as high as 43.4% for the wealthiest Americans. For context, the top rate is […]

By Tyler Durden, It’s been a while since Wall Street banks recommended anything to do with either gold or gold stocks, but in a surprising reversal, last week one of Wall Street’s biggest bulls Credit Suisse said that the time has come to use gold stocks as a risk off diversifier, while seeing material upside […]

By Osato Avan Nomayo, INX has reportedly raised $125 million from investors to build a fully regulated trading platform for crypto and security tokens. INX Limited has completed the first-ever Securities and Exchange Commission-approved token sale event via an initial public offering. According to a release issued by the company, the blockchain trading platform raised $85 million […]

By Johnny Lyu, Think of how essential the internet is to everyday life now — that’s what the Metaverse could become in a lot less time than the internet did. Neal Stephenson, a popular sci-fi writer coined the phrase “metaverse” in his first best-selling and breakthrough 1992 novel, Snow Crash. Now that concept is becoming a […]

From Zero Hedge: On Saturday, US President Joe Biden appointed former New Orleans Mayor Mitch Landrieu (D) to coordinate and oversee the $1.2 trillion in infrastructure spending he just signed into law. Now, according to the Washington Free Beacon‘s Chuck Ross, we learn that Landrieu is a top adviser to the Heartland Association – a trade organization that seeks […]

By Tyler Durden, Authored by Alasdair Macleod via GoldMoney.com, There is an established theoretical relationship between bonds and equities which provides a framework for the future performance of financial assets. It would be a mistake to ignore it, ahead of the forthcoming rise in global interest rates. Price inflation is roaring, and so far, central […]