Investor Flows Suggest Belief Market May Have Bottomed

© Reuters. By Senad Karaahmetovic  Bank of America’s data for last week shows clients were buying stocks for the fifth consecutive week after the higher-than-expected data for September yielded a new low for the . The bank’s clients were buying both stocks ($3.7 billion) and ETFs ($5 billion) with fixed income ETFs witnessing the biggest … Read more

Brazil: USDT, Bitcoin [BTC], and…? New crypto-declarations suggest…

In what is a major development, the latest figures associated with crypto-declarations have been released by Receita Federal do Brasil (RFB), Brazil’s leading tax authority. The numbers reveal that crypto-popularity is on the rise in the South American country. Under Brazilian law, entities are required to declare information about activities related to crypto. The declarations … Read more

Elon Musk’s Twitter Takeover Slightly Less of a Done Deal, Shares Suggest

(Bloomberg) — Stock markets are still not entirely sold on Elon Musk’s $44 billion takeover of Twitter Inc (NYSE:) after the billionaire revived the deal at its original price earlier this week. Shares in the social media firm slipped 1.2% to $50.67 in premarket trading, taking them further below Musk’s offer of $54.20 a share. … Read more

Govt sets up panel to suggest measures for more private equity investments

New Delhi, Sep 13 (IANS) The government has set up an expert committee, headed by former SEBI Chairman Meleveetil Damodaran, to suggest appropriate measures to address regulatory and other issues, so that investments by venture capital and private equity investors can be scaled up. The six-member committee has been set up in accordance with the … Read more