Aug 20 Reuters State Street is partnering with Swiss crypto company Taurus to offer new digital asset services, including turning realworld assets into tradeable tokens, to tap growing institutional demand for such investments, the U.S. financial services provider told Reuters. As cryptocurrencies have spread in the financial system through regulated products including futures and exchangetraded funds, […]

HONG KONG, Aug 20 Reuters Hong Kongbased hedge fund Strategic Vision Investment SVI has wound down its main Value Multiplier Fund which invested in Chinese equities, three sources said. SVI liquidated the holdings of the longshort fund at the end of July and is returning its external capital to investors, the sources, who are directly […]

OTTAWA, Aug 20 Reuters Canada39;s annual inflation rate cooled to a 40month low of 2.5 in July, matching forecasts, and core inflation measures eased as well, data showed on Tuesday, keeping the Bank of Canada on track to cut interest rates again in September. Analysts polled by Reuters had forecast inflation to cool to 2.5 […]

Aug 20 Reuters Geopolitical tensions, uncertainty created by the upcoming U.S. Presidential election and prospective interest rate cuts look set to help power gold prices, already at records above 2,500 an ounce, to even loftier levels. A rally which has lifted gold to 2,526.07 an ounce this week has made the precious metal one of 202439;s best […]