Cryptocurrencies could cause the next financial crisis, Indian central bank head warns
Shaktikanta Das, governor of the Reserve Bank of India, said his main concern is that cryptocurrencies do not have any underlying value.
Investors should look to ‘good quality corporate debt and gold’ in 2023, strategist says
Corporate debt and gold could be strong options for investors in 2023, according to Michael Howell, managing director at CrossBorder Capital.
Yield on 2-year Treasury dips as calm returns to bond markets after sell-off
U.S. Treasury yields were slightly lower as global bond markets stabilized after the previous session’s sell-off.
Goldman Sachs says the Bank of Japan may start tightening, but others disagree
The BOJ’s monetary meeting concluded Tuesday with no change to its current ultra-low interest rate at -0.1%, a stance it’s held since 2016.
Investments are set to flow back into China as tech giants avoid U.S. delisting, government pledges policy support, says investment manager
As Chinese tech companies avoid U.S. delisting risk, investment dollars could flow back into these names, says investment manager KraneShares.
Bitcoin miner Core Scientific is filing for Chapter 11 bankruptcy — but plans to keep mining
Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for bankruptcy protection.
Goldman Sachs names 4 inflation-busting high-dividend stocks for next year
Goldman’s buy-rated stock picks are expected to yield more than 8% next year.
Only one Trump tax return as president got mandatory IRS audit, report says
A report on Donald Trump’s federal income taxes was released after a House panel voted to make public redacted copies of his tax returns.
Dan Yergin says there’s a chance oil could go as high as $121 a barrel when China fully reopens
S&P Global’s base case forecast for oil prices is $90 a barrel for 2023, but Dan Yergin warns there are major uncertainties looming over markets.
There’s strong reason to think China’s seeing more Covid deaths than what’s reported
The number of Covid-19 deaths that are being reported in China is very low and “unrealistic,” CNBC’s Ted Kemp reports.
