Capital Markets Regulation Is Stronger, but Some Gaps Still Must be Closed

By Tobias Adrian and Jay Surti Countries have made substantial progress toward implementing capital markets regulatory reform, but important gaps remain and new challenges have raised the bar. Capital markets are like engines that help power the global economy: they perform best with regular tune-ups. In this spirit, the major regulatory overhaul following the global …

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Mona raises $14.6M for metaverse platform for creators

Interested in learning what’s next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Learn more. Mon has raised $14.6 million to build a metaverse platform for 3D creators. It’s all about building worlds, not walls. Justin Melillo, CEO of Mona (spelled MoNA by …

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Jerome Powell says the Fed will find price stability in a new economy.

SINTRA, Portugal — Three of the world’s top central bankers set out a grim prediction on Wednesday: The forces that weighed down inflation for decades before the onset of the pandemic may never return, forcing policymakers to keep up efforts to cool down their immigrant in a bid to get rapid price increases back under …

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Asia Stocks Mixed After Wall St Down, China Manufacturing Up

By JOE McDONALD, AP Business Writer BEIJING (AP) — Global stock markets declined Thursday after the US economy contracted, fueling fears of a worldwide downturn. London and Frankfurt opened lower. Tokyo and Hong Kong declined while Shanghai gained. The future for Wall Street’s benchmark S&P 500 index was down 1.1% after data Wednesday showed the …

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