Latest Market News

Jul 05
Bollywood A-lister-backed GARI token plunge sparks rug pull rumors

GARI token was launched by Salman Khan, an A-list celebrity from Bollywood, with an aim to help Indian creators monetize their content over a short video application Chingari. 2078 Total views 7 Total shares The domino effect of the 2022 bear market, which saw the downfall of numerous crypto ecosystems and tokens over several months, […]

Jul 05
Arms Index shows stock market’s selloff is relatively calm

The Arms Indexes for both the New York Stock Exchange and the Nasdaq exchange are showing that investors are behaving in a relatively calm fashion despite the steep declines in the market indexes. The Arms is a volume-weighted breadth measure that is used to depict the intensity of selling and buying in declining and advancing […]

Jul 05
Lamborghini-backed GT racing team to authenticate car parts using NFTs

Former racing champion Vincenzo Sospiri said that this will allow them to monitor and ensure the quality of their car parts. 700 Total views 28 Total shares Vincenzo Sospiri Racing (VSR), a GT racing team backed by Lamborghini’s motorsport department, has announced its partnership with nonfungible token (NFT) platform Go2NFT to launch a program that […]

Jul 05
Spread between 2- and 10-year Treasury yields briefly falls below zero for first time since June 14

A widely followed indicator of the economic outlook briefly flashed a recession warning on Tuesday as fears of a downturn continued to grip markets. The spread between 2- TMUBMUSD02Y, 2.812% and 10-year yields TMUBMUSD10Y, 2.828% briefly fell below zero Tuesday morning for the first time since June 14, driven by a bigger decline in the […]

Jul 05
Pension Bulletin 2022-01- Amendments to the Pension Benefits Act and the General Regulation under the Pension Benefits Act

An Act to Amend the Pension Benefits Act received Royal Assent on 17 December 2021.  Some of the amendments were proclaimed on Royal Assent while others require amendments to the General Regulation under the Pension Benefits Act before they can be proclaimed.   The amendments modernize the Pension Benefits Act by: enhancing communication with members […]

Jul 05
Labour market recovery after the pandemic – Central Bank report

Q4 2021 saw 2.5 million people in employment, the highest on record. Strong employment was supported by the domestic labour force, with migration playing a smaller role Two groups drove this labour force expansion; under 25s and women over 35.  Evidence that there are longer running trends that have encouraged women to remain part of […]