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Bitcoin hits new record high above $70,000; US investor ends Currys chase – business live

The Guardian: Mergers & Acquisitions

Live, rolling coverage of business, economics and financial markets as exchange-traded funds help biggest cryptocurrency rally Good morning, and welcome to our live coverage of business, economics and financial markets.

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Paris wheat falls on world financial market meltdown, strong euro

Global Banking & Finance

HAMBURG/PARIS (Reuters) -Euronext wheat futures fell on Monday, pressured by a stronger euro and economic fears sweeping through financial markets, though losses in grains were seen as curbed by short positions already held by investors. Front-month September wheat on the Paris-based Euronext exchange closed down 1.7%

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Dimon Warns of ‘Unsettling’ Pressures as JPMorgan Reports Earnings

The New York Times: Banking

Warnings from the chief executive of the nation’s largest bank have been consistently at odds with heady financial markets.

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Government debt glut could rock markets in 2025, BIS says

Global Banking & Finance

By Naomi Rovnick LONDON (Reuters) – The threat of soaring government debt supply destabilising financial markets has intensified, the world’s top central banking advisory body said on Tuesday, as it urged policymakers to act swiftly to prevent economic damage.

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What Is Monetary Policy?

Peak Frameworks

Monetary policy refers to the actions undertaken by a nation's central bank to control the money supply and achieve sustainable economic growth. Its importance lies in its profound impact on economic factors like inflation, employment , and economic stability. In contrast, rising rates often dampen stock market performance.

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Navigating the New Era of Risk Management: Complex Models in Modern Banking

Global Banking & Finance

Navigating the New Era of Risk Management: Complex Models in Modern Banking Written by Sanjay Moolchandani April 2024 The banking and finance sector is navigating significant change driven by rapid technological advancements, evolving regulations, a changing economic landscape, and the sophisticated nature of today’s financial markets.

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Wood Group suitor pulls out of takeover, blaming market turmoil

The Guardian: Mergers & Acquisitions

Shares in FTSE 250 company slump 37% in early trading after Dubai-based Sidara cites geopolitical risk The share price of the British oil services company John Wood Group has plunged by more than a third after a Dubai-based suitor pulled out of a purchase amid global market turmoil. Continue reading.